aliababa, Briefing, chinese retail, Chinese Startups, Investments, new brief, News, pledging shares, retailer, shareholder, stake sale, Suning, Suning.com, Taobao Report: Shareholders of Chinese retailer Suning plan to sell up to 25% stake Suning.com is backed by investors including ecommerce giant Alibaba Group, which invested US$4.6 billion in the retail group for a…
autonomous driving, Chinese Startups, Investments, National Manufacturing Transformation and Upgrade fund, News, Startups, Uisee Chinese self-driving startup nets $154m in investment from state-backed fund With the new funds, Uisee will further develop its autonomous driving technology and accelerate its monetization. Source link
Baicheng, Chinese Startups, KrAsia, Meili Auto, Meituan Open Services, News, Startups, Wujiang Hotels Despite gaining major support, these startups in China failed to survive Covid-19 They were backed by some of China’s biggest tech titans, including Alibaba, JD.com, Meituan, and Trip.com. Source link
China, Chinese Startups, didi, didi chuxing, News, ride-hailing app, ride-hailing in south america, Startups, Transportation, uber China’s Didi launches ride-hailing services in Chile, Colombia The Chinese company also said it plans to launch a taxi-hailing service in Colombia later this year. Source link
China, Chinese Startups, didi, didi chuxing, News, ride-hailing, ride-hailing app, ride-hailing safety, SCMP, Startups, Transportation What’s changed one year after two deaths plunged Didi into a safety crisis? “Have we foregone safety to pursue scale and rapid growth?” a Didi employee asked during an internal meeting. Source link
bike sharing, bike-sharing startup, Brief, Chinese Startups, News, obike, OFO, startups in singapore, Transportation In brief: Nonprofit buys oBike, Ofo bikes for donation to students in Myanmar Lesswalk will start giving them out by the end of June. Source link
Brief, China, Chinese Startups, management, News, Qiming Venture Partners, venture capital Firms In brief: Qiming managing partner to establish own venture Gan Jiaping, also known as J.P. Gan, plans to leave the venture capital firm later this year. Source link
apps, China technology, Chinese Startups, ecommerce, food delivery, News, SCMP, Startups China’s Meituan Dianping narrows losses, pushes forward grocery retail initiatives The Beijing-based company said it was “disciplined on capital allocation for our new initiatives” which pushed the company’s earnings up…
artificial intelligence, China, Chinese Startups, intellifusion, News, SCMP, security, shenzhen, surveillance Shenzhen AI startup helps city police idenitfy jaywalkers, banned drivers Intellifusion’s system has been quickly matching car number plates and pedestrians’ faces with information stored in the police system. Source…
Brief, Chinese Startups, consumer tech, Counterpoint research, India’s smartphone market, Mobile, News, Oppo, realme, Samsung, Smartphone, Vivo, Xiaomi In brief: Chinese smartphone makers dominate Indian market, says report Xiaomi, Vivo, RealMe, and Oppo are leading the pack. Source link