Tesla aspirant surges over 50% on trading debut after USD 1.5 billion upsized offering. InsightsChina’s EV troika marches to Wall Street as Xpeng joins listing wagon5 mins read
The funds raised puts the company one or two years away from filing for an initial public offering NewsIsraeli cloud startup Redis Labs raises USD 100 million at unicorn valuation1 min read
Pearl Mountain seeks a slice of a global video editing software market that is expected to hit USD 1.1 billion by 2025. InsightsDeveloping easy-to-use software for video editing: Inside China’s Startups5 mins read
The company said it has logged a spike in sales since the start of the pandemic in February. NewsPakistani baby products e-commerce platform Baby Planet raises USD 250,000 led by High Output Ventures2 mins read
Apple’s market share dropped from Q4 2019’s 41% to Q2 2020’s 35%. NewsBudget Chinese wireless earbuds erode Apple Airpod dominance2 mins read
China Unicom decided to put some 5G base stations to sleep between 9pm and 9am, prompting concern from users. News5G towers are consuming a lot of energy, so China Unicom is putting some of them to sleep overnight3 mins read
Xpeng, the third US-listed Chinese EV manufacturer after Li Auto and NIO, raised about USD 1.5 billion in its IPO. NewsCHINA BRIEF | Alibaba-backed EV maker Xpeng soars 41.5% on NYSE debut1 min read
New proceeds could be used for research and development in autonomous driving technologies and global market development. NewsCHINA BRIEF | EV maker Nio to raise USD 1.7 billion via new share offering1 min read
Reliance had said its 5G solution will be ready for trials as soon as the 5G spectrum is available and can be ready for field deployment by next year. NewsReliance eyes Indian startups to roll out 5G solutions3 mins read
The company went public in February 2020. NewsKEY STAT | Wuhan-based snack seller Bestore Co reported profit drop due to the COVID-191 min read
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