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Pinduoduo predicts annual gross merchandise volume on its platform from agriculture to exceed RMB 1 trillion (USD 146 billion) in annual GMV in five years.

According to Moovaz CEO Junxian Lee, conversation with GetVan had been ongoing for eight months before the deal was sealed.

The US Commerce Department said that it would delay by one week restrictions on distribution and maintenance of the WeChat and TikTok apps.

If the plan materializes, India would become the second country, outside of the US where Tesla will have an R&D center.

Inspired by his own aging parents, Folcia discusses creating open communities with no generational boundaries and opportunity for skillsharing.

Its valuation also increased to USD 250 billion.

Perfect Diary plans for a US IPO before the end of this year, with Goldman Sachs and Morgan Stanley as underwriters.

OSV+ is the VC’s fourth fund, with focus on mid-stage tech investments in existing portfolio companies.

“It takes an excellent entrepreneur to find the best business opportunity. Not investors”, says Lu Qi, founder of MiraclePlus.

Nikon and others use optical expertise to make 3D printers and IoT devices.