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Ant Financial-backed Hello Chuxing seeks hefty financing that would take valuation to USD 4 billion

It was valued above USD 2.5 billion in the previous fundraising round.

2 mins read

It’s the fourth time this year.
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Xiaomi to buy back 10% of its shares
1 min read
The asset-heavy operation was unsustainable.
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Daimler’s car-sharing platform car2go exits China
1 min read
Impossible Foods, the California-based food tech company that produces plant-based meat has raised USD 300 million in a Series E round led by Singapore’s Temasek Holdings and Hong Kong tycoon Li
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Impossible Foods raises USD 300 million in Series E round co-led by Temasek and Horizons Ventures
1 min read
Trade tensions continue to escalate
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US commerce department bans six Chinese companies from buying sensitive US technologies
2 mins read
Where do you shop?
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Alibaba is the second most valuable retail brand worldwide, following Amazon
1 min read
Debt solutions for the startup ecosystem.
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Innoven Capital pulls in USD 200 million from Temasek and UOB
1 min read
The Shenzhen Stock Exchange had queries.
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EV subsidiary cuts and heavy R&D spending led to drop in profits, says BYD
1 min read
Its offerings are rooted in animation, comics, and games.
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Alibaba-backed Bilibili sees sixfold increase in e-commerce revenue and healthy user growth, but widening losses
1 min read

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