NewsY Combinator-backed fintech startup FamPay raises seed roundFamPay provides debit card to teenagers in India. 2 mins read
The Chinese social giant did not offer an explanation for this. NewsCHINA BRIEF | Tencent’s WeChat quietly bans but then reintegrates QQ’s mini program1 min read
DingTalk’s recently released “Circle” function has been used by parents to seek potential dates for their children. NewsDingTalk plays cupid for Chinese parents seeking partners for unwed children2 mins read
Pinduoduo narrowed its net loss in the December quarter to USD 251.6 million, beating analysts’ estimates. NewsE-commerce firm Pinduoduo pushes more resources to support merchants as coronavirus fallout hurts sales2 mins read
The two companies will start all-around strategic cooperation. NewsCHINA BRIEF | Celebrity management agency Mountain Top closes USD 25.8 million Series B round led by ByteDance1 min read
The company offers online classes to preschool children. NewsCHINA BRIEF | London-based English instruction startup Lingumi raises USD 5.1 million from Alibaba Cloud ex-chief scientist’s VC fund1 min read
Revenues up 91% year-on-year but miss market predictions by USD 40 million. NewsCHINA BRIEF | Pinduoduo posts mixed Q4 earnings, fails to surpass JD.com’s GMV1 min read
Each needs to contribute RMB 533 million to the company’s registered capital. NewsDidi, Legend Holdings each gain 32% stake in Hyundai’s Chinese insurance business1 min read
The new platform will debut as soon as this month amid the spate of recently released office and productivity tools. NewsByteDance to boost its office collaboration app portfolio with Google Docs-like platform2 mins read
