NewsTencent-backed convenience store Bianlifeng ups registered capital by 50%With more capital, the company can attract new investors or take on loans 1 min read
Will the Chinese telecoms giant survive? NewsHuawei’s supply chain under pressure as major chipmakers stop delivering1 min read
Even though it has the green light for this move, a share buyback now might worsen the firm’s financial condition NewsMeituan may buy back 10% of its shares1 min read
The viral short video app is on a winning streak. NewsTikTok is the most downloaded app on the App Store for five consecutive quarters1 min read
A blow to its smartphone business. NewsGoogle halts business with Huawei to comply with US governmental order2 mins read
Vietnammm will operate alongside Baemin Vietnam until further notice. NewsFood delivery platform Vietnammm is gobbled up by South Korean unicorn1 min read
The company is still a way from being profitable. NewsLuckin Coffee stock price surges 20% on Nasdaq trading debut1 min read
Robo calls that use AI technology are also a growing concern. NewsChinese call spammers made 50 billion calls last year1 min read
The fresh funds will boost Luckin’s ambitions to surpass Starbucks in China. NewsLuckin Coffee tops USD 4 billion valuation in US IPO2 mins read