NewsCHINA BRIEF | Nio China secures USD 680 million cash injectionInvestors will inject in total USD 990 million into Nio China in five installments. 1 min read
GroupM predicts overall advertising spend to drop by 25% in 2020. NewsReports from Deloitte, Visa, and GroupM, as well as a London startup with Dubai-based executive team | The Middle East Weekly Roundup3 mins read
Funds such as Tiger Global, General Atlantic, GGV Capital, and RTP Global, among others have invested in a host of Indian online education startups. NewsInvestments in edtech companies shine in the first half of 20202 mins read
In the first quarter of 2020, Tantan generated USD 53.9 million in net revenue from 4.2 million of its paying users. NewsChinese dating app Tantan claims 360 million registered users but no profits2 mins read
Let bygones be bygones? NewsCHINA BRIEF | Chinese appliances maker drops Tmall lawsuit, announces Alibaba deal1 min read
CEO Yoshida faces test of sustaining share rally with post-pandemic vision. NewsSony hopes to shed ‘conglomerate discount’ under new name2 mins read
The fundraising round comes at a time when the Chinese government is pushing to build new digital infrastructure. NewsCHINA BRIEF | Smart parking solution provider AIpark closes USD 42.4 million Series C round1 min read
Self-driving technology companies including Didi, Pony.ai, and AutoX all raked in fresh capital this year. NewsDidi’s robotaxi service kicks off in Shanghai, taking another step towards a driverless future2 mins read
New funds will be used to expand the company’s 3D modelling and rendering technologies to other products. NewsCHINA BRIEF | Design software developer 4D ShoeTech raises USD 14 million in Series A+1 min read