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In less than four months this year, 11 startups have become unicorns.

Tencent abandoned plans to acquire iQiyi due to tightened anti-monopoly regulations.

The investment marks Jungle Ventures’ first foray into the mobility sector, a vast emerging market in Southeast Asia that awaits the maturity of battery-charging infrastructure.

Genki Forest CEO Tang Binsen is a programmer and former gaming executive who is looking to shake up the beverage industry.

WM Motor now operates in a crowded sector packed with recognizable names like Baidu, Xiaomi, and Didi.

Shipper is the latest logistics startup to receive tens of millions in investment this year.

Financial centers like Singapore are in a race to attract new digital money businesses.

The retail cloud business is growing rapidly, adding 3,201 new stores last year and achieving profitability.

China Venture Roundup Volume 30 covers China’s investment activity from April 5 -11, 2021.

Accumulated losses reach USD 10 billion; Singapore company raises Myanmar risk.