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In just 45 days since the app’s launch in 2018, the area saw a 745% increase in commerce and USD 700,000 in small business revenue.

Pegatron has been working to move production away from China to Indonesia and Vietnam due to rising labor costs and the US-China trade war.

The previous investors Earlybird Venture Capital (Berlin) and FJ Labs (New York) have exited the startup.

This is Coatue Management’s first investment in an edtech company in the country.

Chinese AI firms have long relied on VC funding to bolster R&D, but as investment activity cools in a global recession, challenges await.

Hook Coffee offers the widest variety of freshly roasted specialty coffees from around the world including flavors like “Rum Baby Rum” and “Kopi Sutra”.

The Qutoutiao app has been removed from Chinese app stores with no return date after allegations of fraudulent ads.

TuSimple will start commercializing its autonomous driving technologies; it is already providing transportation services for companies like UPS and US Postal Service.

Alibaba’s Gaode map app has a new feature allowing 12 family members to track each other’s location in real time.

Surging debuts on ‘domestic Nasdaq’ lure investors and bolster China’s strategic aims.