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China’s JD.com is teaming up with Sequoia China to raise up to RMB40 billion (US$5.81 billion) for a state-owned fund that invests in China’s long-term and strategic tech areas.

China Literature saw its share price drop 17% after announcing its intention to buy the TV and film entertainment company.

Baidu’s similar ad network pulls in around RMB8.5 billion to 10 billion.

All you need to know about what happened in the tech world today.

China’s electric carmaker heads for US IPO.

VRT Technology in different verticals.

The online-to-offline ride-hailing giant is looking to cover more of China’s growing auto after-sales market.

Following rival WeWork China’s US$500 million investment in late-July and Mydream+ raising US$120 million yesterday, Ucommune adds money to its war chest.

Rhonda Wong, CEO and co-founder of Singapore’s Ohmyhome, tells KrASIA about the firm’s plans to expand.

China is poised to create pharmaceuticals that can overtake their traditional counterparts.