It’s aggregating several smaller players on its platform hoping to create synergies with its other services NewsMeituan expands its ride-hailing service to 15 cities with one smart move1 min read
Baidu is in urgent need to find a new frontier and smart speakers are very good entry points for their services NewsBaidu dethrones Alibaba as China’s top smart speaker vendor in Q1 20192 mins read
Prowler.io, an AI company from Cambridge, England has raised USD 24 million (RMB 166 million) in funding at a USD 100 million (RMB 691 million) valuation, with Tencent leading the round, Bloomberg reNewsTencent leads investment in Cambridge-based AI company1 min read
The flashy Startup World Cup crowned another winner NewsVietnamese startup Abivin takes home grand prize at Startup World Cup 20192 mins read
Both the founder and CEO are being investigated for securities fraud. NewsFinancial scandal engulfs Chinese gaming company Kingnet1 min read
With more capital, the company can attract new investors or take on loans NewsTencent-backed convenience store Bianlifeng ups registered capital by 50%1 min read
Will the Chinese telecoms giant survive? NewsHuawei’s supply chain under pressure as major chipmakers stop delivering1 min read
Even though it has the green light for this move, a share buyback now might worsen the firm’s financial condition NewsMeituan may buy back 10% of its shares1 min read
The viral short video app is on a winning streak. NewsTikTok is the most downloaded app on the App Store for five consecutive quarters1 min read
A blow to its smartphone business. NewsGoogle halts business with Huawei to comply with US governmental order2 mins read
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