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A record-breaking downpour has Zhengzhou under water.

Hema is hoping that a premium model relying on higher average order value and greater margins can lead to long-term success in China’s online grocery market.

China Venture Roundup Volume 44 covers China’s investment activity from July 5 to July 11, 2021.

The other “dragons”—Yitu, SenseTime, and Megvii—are in varying stages of their IPO processes.

A slowdown in short-video growth triggers ByteDance’s search for other monetization methods in e-commerce, on-demand services, and healthcare.

Thunes’ services are already available in 110 countries.

PingCap’s open-source database services are aimed at high-growth companies that process massive volumes of transactional data.

Robotaxis are zipping around some of China’s open roads.

Two-year-old simsim has raised a total of USD 16 million to date from investors like Accel Partners and Shunwei Capital.

Simplilearn’s early investors Kalaari Capital, Helion Venture Partners, and Mayfield will exit from their investments.