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Tencent partners with two banks in cloud business push

(Image credit: Tencent) Tencent has announced partnerships with two Chinese banks and its cloud computing arm, the…


Briefing: China’s top influencer firm Ruhnn stock drops 37% after US IPO

Ruhnn, a Chinese startup that makes influencers, raises $125M in U.S. IPO - TechCrunch What happened: Chinese digital…


Briefing: Bilibili raises $824 million on strong demand for bond, share offering

Bilibili offering raises $824 million as China techs tap market after IPOs - Reuters What happened: Chinese video…


Xiaomi forms chipmaking company to advance AIoT strategy

Xiaomi founder and CEO Lei Jun (Image credit: Xiaomi) Xiaomi is forming a new subsidiary to shore up its goal of…


Tencent invests in e-commerce platform Youzan to boost enterprise business

(Image credit: Youzan) Chinese e-commerce service provider Youzan announced on Tuesday it has completed an HKD 1…


Beverage giant Wahaha forms robotics company to step up smart manufacturing

The production line in Wahaha's Hangzhou factory (Image credit: Wahaha). Chinese beverage behemoth Wahaha is taking an…


Mobike and Bluegogo double rates in Beijing in bid to stay afloat

Ride-sharing bikes line in a street in Shanghai (Image credit: TechNode / Shi Jiayi). Chinese bike-rental companies are…


Briefing: Chinese VIP jail uses AI technology to monitor prisoners

No escape? Chinese VIP jail puts AI monitors in every cell ‘to make prison breaks impossible’ - South China Morning…


Roadstar.ai investors reportedly seeking to dissolve self-driving car firm

(Image credit: Roadstar.ai) After months of infighting, Chinese self-driving vehicle company Roadstar.ai is reportedly…


SF Express shutters grocery stores amid slowing e-commerce growth

(Image credit: SF Express) Chinese logistics company SF Express is shrinking its new retail business by closing offline…