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36Kr (EN)

Didi Chuxing Technology Co., formerly Didi Kuaidi, is a Chinese transportation network company, artificial intelligence and autonomous technology conglomerate.

Didi

Grocery Delivery

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

The firm says it can deliver everything from groceries, beverages, medicines, and even flowers.

Didi launches errand service to compete with Meituan and Ele.me | KrASIA

Home

Didi launches errand service to compete with Meituan and Ele.me

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

https://secure.gravatar.com/avatar/97c6efc8331551170f56164eb4eb35c6?s=96&d=mm&r=g

Sun Henan

Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet and technology. 

Alibaba

5G is a commonly used term for certain advanced wireless systems. Industry association 3GPP defines any system using "5G NR" software as "5G", a definition that came into general use by late 2018. 

The new lab will promote the research of next-generation communication technologies.

CHINA BRIEF | Alibaba sets up new lab to boost 5G research | KrASIA

CHINA BRIEF | Alibaba sets up new lab to boost 5G research

Electric Vehicles

China's overall auto sales are predicted to drop by 8% in 2020.

China’s NEV sales plunge almost 80% in February amid coronavirus impact | KrASIA

China’s NEV sales plunge almost 80% in February amid coronavirus impact

Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits. The education industry is fast-reforming nowadays. 

Education

Bangbangda is the internet giant's first standalone product for the online education market.

Alibaba taps China’s online education market with latest homework-helper app | KrASIA

Alibaba taps China’s online education market with latest homework-helper app

Meituan-Dianping is a Chinese group buying website for locally found food delivery services, consumer products and retail services. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. The Meituan.com site offers deals of the day by selling vouchers on local services and entertainment.

Meituan

Existing shareholder Hidden Hill Capital also participated in this round.

CHINA BRIEF | Meituan leads USD 86 million Series B round of agricultural product distributor Wangjiahuan | KrASIA

CHINA BRIEF | Meituan leads USD 86 million Series B round of agricultural product distributor Wangjiahuan

SoftBank Group Corp. is a holding company that engages in the management of its group companies which provides information technology and telecommunication services. It operates through the following segments: Mobile Communications, Sprint, Fixed-line Telecommunications, Internet, and Others. 

Softbank

Tencent Holdings Limited is a Chinese multinational investment holding conglomerate whose subsidiaries specialize in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.

Tencent

Other participants of this round include Tencent, Hillhouse Capital, and Sequoia Capital. 

SoftBank becomes largest backer of Beike in USD 2.4 billion Series D+ round | KrASIA

SoftBank becomes largest backer of Beike in USD 2.4 billion Series D+ round

Airbnb

The company's China business has been cut by 80% compared with 2019.

CHINA BRIEF | Airbnb may postpone its IPO to 2021 as coronavirus outbreak stems travel | KrASIA

CHINA BRIEF | Airbnb may postpone its IPO to 2021 as coronavirus outbreak stems travel

Xpeng says Gu’s resignation will not impact the company’s self-driving business.

CHINA BRIEF | Vice president of Xpeng's autonomous driving division Gu Junli steps down | KrASIA

CHINA BRIEF | Vice president of Xpeng&#8217;s autonomous driving division Gu Junli steps down

Autonomous Vehicles is about self-driving. A self-driving car is also known as a robot car, autonomous car, or driverless car, is a vehicle that is capable of sensing its environment and moving with little or no human input.

Autonomous Vehicles

Ride-hailing encompasses a range of companies and services, including traditional taxis and car services. 

Ride-hailing

The service will cover rides of about 2.5 kilometers.