Existing shareholder Hidden Hill Capital also participated in this round. NewsCHINA BRIEF | Meituan leads USD 86 million Series B round of agricultural product distributor Wangjiahuan1 min read
The development comes after US-based investment firm Muddy Waters disclosed a report alleging that Luckin fabricated financial figures. NewsLuckin may soon face investigations for alleged fraud, report says1 min read
Hardware company one of more than 20 vying for license from central bank. NewsRazer to tap legions of gamers in Singapore digital banking bid3 mins read
China’s tourism industry is facing an estimated daily loss of USD 2.54 billion. Visual StoriesTECH PANORAMA | China’s tourism and transportation industries bear the damage of coronavirus outbreak4 mins read
Is Nio facing the risk of running out of cash? Visual StoriesKEY STAT | Cash-craving Nio issues second round of convertible notes in 20202 mins read
The novel coronavirus has infected patients in more than 100 countries. NewsCHINA BRIEF | Alihealth offers online consultation for overseas Chinese via Alipay, as coronavirus spreads globally1 min read
The adjustment in Xiaomi’s local retail strategy is a reaction to the fast-growing business in Western Europe, the firm said. NewsCHINA BRIEF | Xiaomi closes its only flagship store in the UK1 min read
The fresh funds will be used to develop new features for the niche but highly lucrative global relocation industry. NewsMoovaz receives Series A funding from YCH Group venture arm SCAngels2 mins read
The sub-sector of health tech is growing globally—and in Israel. NewsIn Israel, the rise of femtech piques investors’ interest in women’s health4 mins read
China named its first team of national AI champions in 2017, tasking them to develop the technology for uses including health care. NewsHow China’s investment in health care AI helps it deal with the coronavirus crisis2 mins read