Tag: China
Tencent CEO warns companies must keep innovating to survive amid US-China...
On Tuesday, Tencent’s usually low-profile founder and CEO Pony Ma made rare comments to weigh in on escalating tensions between the United States and...
A young entrepreneur is building the Amazon of Bangladesh
At just 26, Waiz Rahim is supposed to be involved in the family business, having returned home in 2016 with an engineering degree from...
Alibaba-backed facial recognition startup Megvii raises $750 million
One of China’s most ambitious artificial intelligence startups, Megvii, more commonly known for its facial recognition brand Face++, announced Wednesday that it has raised...
China is reportedly using US satellite technologies to bolster its surveillance...
The Chinese government has been using a private company jointly owned by a U.S. investment firm and its Chinese counterpart to expand its surveillance...
Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks...
Less than a month after rebranding as Canoo, the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million...
Partnering with Visa, emerging market lender Branch International raises $170 million
The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a partnership with Visa to...
Ruhnn, a Chinese startup that makes influencers, raises $125M in U.S....
Ruhnn, a company that enables influencers to sell through e-commerce and is plotting to change the face of China’s fashion industry, has raised $125...
Yahoo spin-out Altaba is selling its entire Alibaba stake and closing...
Bye-bye, Altaba. The Yahoo spin-out created to house Yahoo’s lucrative stake in Alibaba and Yahoo Japan announced today that it will sell its lucrative...
China’s grocery delivery battle heats up with Meituan’s entry
Fast, affordable food delivery service has been life-changing for many working Chinese, but some still prefer to whip up their own meals. These people...
Cross-border fintech startup Airwallex raises $100M at a valuation of over...
Australia-based Airwallex is the latest tech startup to enter the billion-dollar ‘unicorn club.’ The company announced today that it has closed a $100 million...
