
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.
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China VC Weekly reports the updated investment information in fields of Chips, Biotech, Cleaning Robots and Car Rental.

Featured as one of Disney’s most promising movies for 2020, Mulan has been a disappointment following the movie’s poor performance in both western countries and China.
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Here's this week's roundup of China tech stories.

China's second largest commercial vehicle autonomous driving technology company, CiDi, officially submitted its prospectus to the Hong Kong Stock Exchange on November 7.

Ads for South Korean automotive giant Kia have appeared frequently on the sidelines at the ongoing FIFA World Cup in Qatar, bringing the brand back into the spotlight in China. However, its joint venture in the country is now grappling with a financial crisis.

Zhang Yunming, Vice Minister of China's Ministry of Industry and Information Technology (MIIT), said that China has initially established a recycling system for power batteries.

Anta Sports, a prominent Chinese athletic wear company, announced on January 18 its largest personnel adjustment since listing publicly 16 years ago.

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."

On Monday, China's Ministry of Education announced some of the results for the pilot districts of its "Double Reduction" policy.

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.

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.

Transcript compiled by Karrie Huang. Rui: Albus, tell us more about China Growth Capital and also yourself. What does the fund do? What's the size? What's y...