NewsMoovaz raises USD 7 million in Series A round led by Quest VenturesGoh Yiping from Quest Ventures will join the company’s board of directors. 2 mins read
The firm distributes smartphones and personal computers of companies including Apple and Huawei. NewsCHINA BRIEF| Alibaba invests USD 57.5 million to gain 6% stake in consumer tech distributor Aisidi1 min read
AutoX has also established a partnership with Shanghai authorities in September 2019 to roll out 100 robotaxis by early 2020. NewsCHINA BRIEF | AutoX to launch robotaxis on AutoNavi’s ride-hailing platform1 min read
The e-signature market in China was estimated to reach more than half a billion USD last year. NewsByteDance launches e-signature platform, competing with Alibaba, Tencent in SaaS space1 min read
Tesla filed a lawsuit against its former employee last year for allegedly stealing trade secrets on behalf of Xpeng. NewsTesla escalates trade secret dispute against Chinese EV-maker Xpeng2 mins read
A newsfeed feature allowed users to read posts from blocked foreign platforms like Facebook and Twitter. NewsCHINA BRIEF | Regulators order ByteDance to suspend office app Feishu1 min read
This investment also marks JD.com’s foray into the tourism industry, which is being hard hit by the COVID-19 pandemic. NewsCHINA BRIEF | JD.com invests USD 63.5 million to gain 7.4% stake in tourism company Caissa1 min read
Chinese users consumed 7.2 billion reads using online platforms during February, amounting to 330 million hours of reading. NewsChinese are reading more online – regardless of the coronavirus pandemic2 mins read
Corsight AI’s system can perform facial recognition even when faces are concealed by masks and other protective gear. NewsIsraeli startup raises USD 5 million for facial recognition tech that can identify masked faces3 mins read
