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The company reported a solid Q1 despite turbulence from the coronavirus pandemic.

The firm provides services to Xiaomi, Unilever, and the National Bureau of Statistics of China, among other clients.

The funding round was led by Intudo Ventures, with participation from Prasetia Dwidharma Ventures and Qlue Performa Indonesia.

As many as 60 US-listed Chinese companies could return to domestic capital markets in the next 3-5 years.

But the company still managed to beat analyst revenue expectations.

With a proprietary work collaboration tool, Joy Sharma says his company can deliver translated texts faster than any competitor.

The number of companies developing artificial intelligence technologies has grown from 30 to 80, a whopping 166% increase.

The deal will make Yunda the second-largest shareholder of Deppon with a 6.5% stake.

Virtual idol Luo Tianyi has over 4.6 million followers and has “performed” in front of millions of live audiences.

A total of 3,600 cars have been sold on Pinduoduo between May 1 and May 20 of 2020.