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Meituan expands its ride-hailing service to 15 cities with one smart move

It’s aggregating several smaller players on its platform hoping to create synergies with its other services

1 min read

Baidu is in urgent need to find a new frontier and smart speakers are very good entry points for their services
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Baidu dethrones Alibaba as China’s top smart speaker vendor in Q1 2019
2 mins read
Prowler.io, an AI company from Cambridge, England has raised USD 24 million (RMB 166 million) in funding at a USD 100 million (RMB 691 million) valuation, with Tencent leading the round, Bloomberg re
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Tencent leads investment in Cambridge-based AI company
1 min read
The flashy Startup World Cup crowned another winner
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Vietnamese startup Abivin takes home grand prize at Startup World Cup 2019
2 mins read
Both the founder and CEO are being investigated for securities fraud.
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Financial scandal engulfs Chinese gaming company Kingnet
1 min read
With more capital, the company can attract new investors or take on loans
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Tencent-backed convenience store Bianlifeng ups registered capital by 50%
1 min read
Will the Chinese telecoms giant survive?
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Huawei’s supply chain under pressure as major chipmakers stop delivering
1 min read
Even though it has the green light for this move, a share buyback now might worsen the firm’s financial condition
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Meituan may buy back 10% of its shares
1 min read
The viral short video app is on a winning streak.
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TikTok is the most downloaded app on the App Store for five consecutive quarters
1 min read