Inke was an early leader in the livestreaming sector, but has lost market share to large competitors. NewsLivestreaming platform Inke posts revenue decline despite efforts to regain lost luster2 mins read
The deal makes Yuanfudao the top Chinese online education startup by valuation. NewsYuanfudao bags USD 1 billion in largest-ever edtech fundraising deal in China2 mins read
Multiple e-commerce companies met government officials to discuss smooth delivery of essential items. NewsAmazon and Flipkart strengthen supply chain amid growing demand for essential products2 mins read
DiMuto uses blockchain, internet of things, and AI to help digitize the agrifood supply chain. NewsSingapore agrifood startup DiMuto secures funding to enter Latin America2 mins read
The firm also said that the construction of two production bases in Guangdong and Shanghai will be completed in the second half of 2020. NewsCHINA BRIEF | Evergrande Health reports widening losses but maintains optimism and prepares launch of first EV1 min read
More companies are stepping up to do their part during the pandemic. NewsRedDoorz provides free rooms for frontline healthcare workers during the COVID-19 pandemic2 mins read
Chinese tech companies aim to share their experience and solutions while attracting overseas users. InsightsChinese medtech platforms tap overseas market with bilingual services during coronavirus outbreak3 mins read
Offline businesses are losing out as the country is in 21-day lockdown. NewsClub Factory and Bigbasket work with offline partners amid COVID-19 lockdown3 mins read
The State Post Bureau expects the volume of express delivery to rise in 2020 despite the pandemic outbreak fallout. Visual StoriesKEY STAT | International delivery volume rises in China amid coronavirus outbreak2 mins read
Pinduoduo is currently mired in heavy financial losses. NewsCHINA BRIEF | Pinduoduo plans USD 1.1 billion private placement for long-term investors (updated)1 min read