Xiaomi-Backed IoT Appliance Supplier Viomi Technology Files for U.S. IPO
Viomi Technology Co. Ltd, a Xiaomi-backed supplier of Internet-connected home appliances, filed for a U.S. initial public offering with the US Securities and Ex...
Category: Industry
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Lei Jun says Xiaomi is a retail business and the goal is to be another MUJI
"I believe for most people, the "MI" brand is quite familiar. But few of them know Xiaomi well." Lei Jun said so in a public speech on August 31. On August 31,...
China VC Weekly: Chips, Biotech, Cleaning Robots and Car Rental
China VC Weekly reports the updated investment information in fields of Chips, Biotech, Cleaning Robots and Car Rental.
6/28/20205 min read
The Chinese Commercial Autonomous Driving Company CiDi Plans for IPO
China's second largest commercial vehicle autonomous driving technology company, CiDi, officially submitted its prospectus to the Hong Kong Stock Exchange on November 7.
AI Poses A Threat to Game Concept Artists
On March 2, Huang Yimeng, founder of XD Inc., revealed on social media that there were game companies that had cut their outsourcing concept artists team. He wrote, "AI has actually begun to affect many people's jobs."
4/4/20232 min read
Ministry of Education: Beijing Training Institutions Reduced by 60%
On Monday, China's Ministry of Education announced some of the results for the pilot districts of its "Double Reduction" policy.
10/25/20213 min read
Alibaba Cloud Bolsters Asia-Pacific Footprint, Sets up Cloud Data Centers in Korea and Thailand
Alibaba Cloud announced on Tuesday that it will further bolster its Asia-Pacific footprint and will set up two new cloud data centers in South Korea and Thailand.
11/16/20212 min read
Alibaba Local Services Company Acquires Software Provider Keruyun
Alibaba Local Services Company officially announced its acquisition of Keruyun, a SaaS company providing software and hardware for local lifestyle services such as catering and retail.
China VC Weekly: $7M for Nothing, K12 EdTech Financing and More
OnePlus co-founder Carl Pei on Jan. 27 announced the establishment of his London-based new consumer technology startup Nothing, which obtained $7 million in fresh capital last December.
2/1/20214 min read
JD.com to Attempt Food Delivery Business
Chinese e-commerce company JD.com will attempt to develop a food delivery business. Under the arrangement, merchants will operate through the JD Daojia app.
6/10/20222 min read
China to Expand Scope of e-CNY Pilot
The third batch of e-CNY pilot areas in China is reported to be unveiled soon. Tianjin, Hangzhou, Zhejiang Province, and Fuzhou, Fujian Province are expected to be selected.
3/9/20223 min read
Travel Agency Tongcheng-Elong Partners with Kuaishou on Live-Streaming, Short Videos for Travel Services
Chinese online travel agency (OTA) Tongcheng-Elong has partnered with Kuaishou, a short video sharing and social network platform.
12/22/20203 min read