NewsChinese SpaceX equivalent LandSpace closes USD 71 million Series CThe company has so far raised a total funding of RMB 600 million in 2019. 2 mins read
The live streaming business is Kuaishou’s main revenue source, contributing 90% of the firm’s total revenues. NewsOver 100 million users watch live streaming shows on Kuaishou every day, says the firm2 mins read
Chinese manufacturer taps new market abroad as Huawei eats its lunch at home. NewsXiaomi seeks fans in Japan with budget-friendly phones3 mins read
The company has lost its edge in the China market. NewsBaidu-backed lidar sensor maker Velodyne lays off Beijing office and halts direct sales in China3 mins read
Ant Financial’s Alipay is valued at over USD 150 billion and is now expanding quickly outside of China. NewsHow Alipay is killing cash in China, and wants to take the world stage6 mins read
The company provides a data-driven integrated platform for companies in the chemical industry. NewsSequoia-backed chemical e-commerce firm Molbase files for USD 70 million IPO1 min read
The company also has presence in Indonesia and Brazil. NewsGeneral Atlantic and GGV Capital said to invest in Indian edu-tech startup Unacademy2 mins read
Baidu will put more focus on the operation and commercialization of its self-driving robotaxis after this reshuffle. NewsExclusive | Baidu restructures autonomous driving business amidst sluggish demand from automakers3 mins read
The new app is Tencent’s sixth social networking experiment within four months. NewsTencent resurrects its failed Facebook-clone Pengyou as a mix of everything2 mins read
