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China – A N I T H
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China

Chinese startup gets $4b to battle Alibaba amid ‘local ecommerce’ boom

[ad_1] Photo credit: ygai / 123RF. One of China’s biggest and best-funded tech startups has secured US$4 billion in a new round of investment to grow its local services empire, which includes food delivery and daily deals. Meituan-Dianping, which had already accumulated US$3.3 billion in funding before...

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The next phase of China’s offline VR boom is here: virtual reality cinemas

[ad_1] A virtual reality experience room at the 74th Venice Film Festival. Photo credit: Eddie Lou. In a small cafe near a street of embassies in Beijing, some of the world’s best virtual reality films are on display. As I sit down to drink tea, a...

[ad_1] A virtual reality exp...

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Trump’s NOAA nominee signed weather deal with Chinese government

[ad_1] President Donald Trump's nominee to lead the nation's oceans and atmosphere agency is already facing political headwinds.  While environmental groups and some senators have expressed skepticism about the nomination of Barry Lee Myers, the CEO of AccuWeather, to lead the National Oceanic and Atmospheric Administration...

[ad_1] President Donald Trum...

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With $900m IPO, lending company Qudian leads pack of Chinese fintech firms aiming to go public

[ad_1] Photo credit: danielvfung / 123RF. Chinese consumer lending company Qudian raised a whopping US$900 million in its initial public offering (IPO) on the New York Stock Exchange – the largest US listing ever by a Chinese fintech firm. Founded in 2014, Qudian offers a range of...

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