Bytedance is facing challenges from Chinese cyberspace administration and rival Tencent. NewsAlibaba’s flopped attempt at investing in Toutiao2 mins read
Investments in education, consumer, cloud computing and robotics industries. NewsDeals | Deal book: Tencent invests in robotics startup Marble; Knowbox raises $100 million from YF Capital and TAL2 mins read
Under special circumstances, a different way of thinking might be required of elite entrepreneurs. InsightsZTE woes may steer China’s AI chip development into a different direction2 mins read
Ant Financial, Didi Chuxing, Meituan-Dianping are also said to mull IPOs. NewsXiaomi reportedly to file for HK IPO next week, fetching a valuation of USD 110 billion2 mins read
Meicai, the e-vendor founded in 2014, has been helping farmers sell products to restaurants. NewsTaobao’s formidable rival Pinduoduo wants to sell more fruits to 300 million consumers1 min read
Financing is likely to be based on successful Tapeout and clear business mod InsightsTop-tier AI chip companies are sought after, while mediocre startups will struggle with fundraising2 mins read
Plus, Alibaba invests in GetLinks. BigBasket invests in DailyNinja and Milkbasket. NewsKrASIA Daily: China’s fastest-growing e-commerce app Pinduoduo eyes to sell more agricultural products4 mins read
Renrenche plays a crucial role in Didi Chuxing’s plan to rule China’s transportation businesses. NewsDeals | Goldman Sachs, Tencent and Didi Chuxing invest in Renrenche’s US$300 m round2 mins read
Outside of China, Didi Chuxing’s global expansion is expecting a bleeding war. NewsDidi Chuxing mulls IPO to raise capital, as old and new enemies challenge its market dominance2 mins read
Plus, India’s Jugnoo looks to replace Uber in Singapore. Uber said it’s no longer interested in Grab-style deals. NewsKrASIA Daily: Xiaomi sets cap on profit margin ahead of IPO4 mins read
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