NewsBeijing quietly pushes localities to ‘buy Chinese’ in high techProcurement rules covering medical equipment to hit GE, Siemen, Canon. 3 mins read
The car company has also established a new sub-brand that will develop vehicles with lower price tags. NewsNio narrows losses in Q2, plans launch for 3 new models despite chip shortage2 mins read
“How about unlocking my USDT after returning enough USDC?” the hackers asked in a transaction note. NewsHackers behind historic DeFi heist seek to unlock tokens after returning part of stolen USD 613 million2 mins read
The company provides its AI technology to pharmaceutical companies to enhance R&D for new drugs. NewsAI pharma startup XtalPi nets USD 400 million in Series D round to accelerate drug discovery2 mins read
CarTrade garnered bids for 263 million equity shares against an IPO size of 12.9 million equity shares. NewsIndian automobile marketplace CarTrade’s IPO oversubscribed 20 times3 mins read
Founded in 2012, OwnBackup recovers lost and corrupted data caused by human error, malicious intent, integration errors, and rogue applications. NewsIsraeli cloud data company OwnBackup raises USD 240 million at over USD 3 billion valuation2 mins read
Zomato, which entered the food delivery segment in 2015, completed a billion orders on its platform last week. NewsZomato’s losses expand 168% in April–June quarter2 mins read
Founder and CEO Lei Jun set a target for his company to surpass Samsung and become the world’s most popular smartphone company. NewsXiaomi eyes top global smartphone status within 3 years2 mins read
The startup claims to be profitable, with revenue growing by 500% since the onset of the COVID-19 pandemic. NewsLogistics tracking firm Parcel Perform snags USD 20 million from Cambridge Capital and SoftBank2 mins read
