NewsAlibaba faces anti-monopoly probe by Chinese regulatorAlibaba is bearing the brunt in a new campaign targeting influential Chinese tech giants. 2 mins read
The high-flying company this year already snagged USD 3.5 billion from investors. NewsTencent-backed edtech unicorn Yuanfudao bags USD 300 million from Yunfeng Capital2 mins read
Alibaba, Tencent, JD.com, Meituan, Pinduoduo, and Didi have been summoned by the regulators. NewsChinese internet giants get government warning in group-buying spree2 mins read
Take a look at this year’s significant technology and business developments with KrASIA. Visual StoriesTECH PANO | 2020 and the future in the words of China’s tech titans1 min read
The manufacturer revealed a plan to launch a second model, the P7 electric sports sedan, in Europe within the next 12 months. NewsXpeng ships first 100 EVs to Norway in global expansion2 mins read
Alibaba established a strategic cooperation with SAIC as early as 2014. NewsXiangdao Chuxing secures USD 46 million in Series A from Alibaba and CATL2 mins read
Chinese regulators have been confronting the boom in digital finance this year and released torrents of new rules, designed to get a firmer grip on the country’s financial system. NewsJD Digits, Baidu, Lufax remove deposit products from platforms, following Ant Group’s clean-up2 mins read
JD.com has been enlarging its offline presence to compete in the era of new retail, which merges online and offline shopping. NewsJD.com teams up with Better Life to expand new retail in Hunan2 mins read
“The internet industry is not a place outside the anti-monopoly law,” said the State Administration for Market Regulation. NewsKEY STAT | Alibaba, China Literature, and Hive Box fined by market regulator for violating anti-trust laws2 mins read
NewsDeals in brief: Valtor secures Wavemaker backing, Qapita raises Series B funding, Accel and Peak XV invest in Supabase, and more