NewsChina’s top chipmaker ups capex to USD 6.7 billion after bumper quarterBeijing-backed SMIC downplays risk of losing Huawei orders. 4 mins read
The shared-office model has been disrupted both by the coronavirus pandemic and the public collapse of WeWork. NewsCHINA BRIEF | China WeWork rival Ucommune puts brakes on US IPO plan, plans backdoor listing1 min read
WeChat has little presence in the US, but is an integral communication tool for Chinese people overseas. NewsCHINA BRIEF | Trump signs orders to ban business with ByteDance and Tencent, to take effect in 45 days1 min read
In May, another Li One caught fire in Changsha, when a car paint protective pad, that was stuck to the exhaust pipe, ignited. NewsCHINA BRIEF | Li One vehicle catches fire on the road, two hospitalized1 min read
Chinese ride-hailing giant Didi Chuxing has already entered into a ‘strategic partnership’ with the central bank over the sovereign digital currency plan. NewsChina’s digital currency edges closer with large-scale test by four state-owned banks3 mins read
Tencent is reportedly driving discussions to merge China’s two biggest video game livestreaming platforms, Huya and Douyu. NewsHuya-Douyu merger would cement gaming giant Tencent’s position in China, experts say4 mins read
Otlob had operated in Egypt for over 20 years. NewsDelivery Hero is rebranding Otlob as Talabat, plans to create 50,000 freelance rider jobs in Egypt3 mins read
The company features a big data platform which can monitor online information and generate analysis reports automatically. NewsCHINA BRIEF | Chinese Adademy of Sciences-affiliated AI startup Wenge raises USD 29 million in Series C1 min read
Fanslink plans to expand to Indonesia, Vietnam, and the Philippines. NewsFanslink scores millions of dollars in pre-Series A to help Chinese brands go global2 mins read
