Meet Swiggy, India's New Unicorn with Chinese blood
India’s food-delivery startup Swiggy announced yesterday that it had grabbed $210 million for its newest Series G funding, valuing the startup at $1.2 billion a...
6/22/20183 min read
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Is the Newly Extended Four-day Labor Day Holiday in China Driving Local Tourism?
The extended four-day labor day holiday has no doubt contributed to the national economy. According to statistics, the total domestic income from tourism reached as much as 117.67 billion yuan.
Kingsoft to Spin-off Kingsoft Cloud With Hopes for Another IPO
On December 22, Chinese software developer Kingsoft issued a proposal for a spin-off and independent listing announcement, regarding its sub-branch Kingsoft Cloud.
Autonomous Driving Technology Firm JIMU Intelligent Bags $31 Million in C1 Financing
Chinese autonomous driving solutions provider JIMU Intelligent on Thursday announced the completion of a C1 round of financing totaling 200 million yuan ($31.26 million).
10/21/20212 min read
Toyota Prepares to Build New Energy Plant in China
Japanese automobile giant Toyota is preparing to build a new energy vehicle plant with an annual capacity of 200,000 units in the Chinese city of Tianjin.
2/27/20202 min read
Criticism the Only Cost for China's Discriminatory Recruiters
Chinese job seekers can face discrimination when applying for a job. Employers often ask personal questions about gender, place of origin, age and marital statu...
7/14/20187 min read
Porsche China Issues A Joint Statement with Authorized Dealers
Porsche China issues a joint statement with all authorized dealers: Seeking effective ways to respond to market changes.
5/28/20242 min read
Wan Long, Chairman of WH Group, Publicly Accused by Son of Financial Misconduct
Shares of the world’s largest pork producer WH Group tumbled 11% on Wednesday after the company’s billionaire chairman Wan Long was publicly accused by his son of financial misdeeds.
8/19/20213 min read
Hon Hai Group Responds to Foxconn's Tax Inspection: Actively Cooperating with Relevant Authorities' Investigation
Relevant departments conducted tax inspection and land investigation on Foxconn's subsidiary companies in accordance with the law.
Allen Zhu Exposes Conflict Between Moonshot AI and Recurrent AI Shareholders
On December 5th, Allen Zhu, managing partner of GSR Ventures, listed three "facts" aimed at exposing the true nature of the conflict between Moonshot AI and Recurrent AI's old shareholders.
Idriverplus Completes Series C+ Financing Led by Xin Ding Capital
China’s autonomous driving technology provider Idriverplus announced its completion of a C+ round of financing worth hundreds of millions of yuan led by Xin Ding Capital.
9/14/20202 min read
Lion King’s History in China Chronicles a Saga of Economic Growth
The live-action 3D remake of the Disney staple, just like its precursors, is a harbinger of change, epitomizing China’s current standing in the world.