Livecast #6: Boyu Hu: Early Kuaishou Investor; Then vs. Now in China Consumer Tech
Recorded on Feb. 24, 2021 with Boyu Hu, formerly of DCM China, now with his own fund XVC, focusing on consumer internet.
3/5/202126 min read
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Tencent Leads VIPKID Series E Financing
Chinese online education giant VIPKID has secured commitment from Tencent to lead the company’s latest round of financing.
10/8/20192 min read
Hearthstone Team in Talks With New Potential Game Distribution Partners in China
Blizzard China released a letter from Nathan Lyons-Smith, General Manager of Hearthstone’s production team, to all of the game’s players in China on December 23, saying that it is currently negotiating with some potential new distribution partners.
Faraday Future Struggles With Funding, Plans to Enter China
Breitfeld has already launched plans to enter China. He revealed that the purpose of his visit to Beijing was to find potential partners in China and establish joint ventures.
12/31/20192 min read
iQOO 9 Performance Flagship Smartphone Series Launches Globally
iQOO, an independent sub-brand of Chinese tech firm vivo, has announced the international rollout of its latest performance flagship, the iQOO 9 series, including the iQOO 9 Pro, iQOO 9 and iQOO 9 SE.
2/23/20223 min read
JD.com's Massive Online Retailer JD CENTRAL Officially Launches in Thailand
On the afternoon of Sept. 27, JD.com Inc. announced that the online retail platform JD CENTRAL, built together with Thai conglomerate Central Group of Companies...
9/28/20182 min read
Broadcasting Rights for Winter Olympics Granted to Migu, Tencent, Kuaishou
On Tuesday, China Media Group (CMG) released a statement regarding the broadcasting rights for the Beijing Winter Olympic Games.
1/25/20222 min read
Indian Authorities Seize $725M From Xiaomi’s Local Unit Over Illegal Remittances
The Enforcement Directorate, India's financial investigation agency, on Saturday seized $725 million from Xiaomi Technology India Pvt., accusing it of breaking the country’s foreign exchange laws by making illegal remittances abroad.
5/5/20222 min read
BYTON Acquires Distributor License From California
BYTON, a Chinese electric vehicle maker, has recently received a distributor license from the state of California.
11/19/20192 min read
20% of China’s New Car Sales to Be New Energy Vehicles by 2025
New energy vehicles are forecast to make up 20% of new car sales in China by 2025, according to a State Council statement published Monday.
11/3/20202 min read
Douyin Reveals User Numbers for the First Time
Douyin, the most popular short-video platform, announced on June 12 that its number of domestic daily active users (DAU) has exceeded 150 million. < p clas...
NIO Announces Opening of Operations in Norway, New ES8 Priced at $69,151
NIO announced today that NIO House in Oslo, Norway will officially open on Friday. The new location has a total area of 2,100 square meters making it the largest user center in the core area of Norway.
9/30/20213 min read