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Babel Finance crypto
Posted inUp and Comers

Crypto lender Babel Finance secures $40 million Series A

by Eliza Gkritsi May 10, 2021May 10, 2021

Cryptocurrency financial service provider Babel Finance looks to lure investors from traditional finance to the digital assets world.

Hello bike-rental bike sharing Mobike
Posted inHeavy Hitters

Ant Group-backed bike-rental app Hello Inc files for US IPO

by Emma Lee Mar 11, 2021Mar 11, 2021

Hello Inc’s filing shows that the sector’s few remaining players now seek sustainable growth after reckless expansion in earlier years.

Hello bike-rental bike sharing Mobike
Posted inThe Numbers

Hello Inc becomes first Chinese bike rental firm to file for US IPO

by Louis Hinnant and Chris Udemans May 1, 2021May 1, 2021

Despite the positive news, the filing reveals that Hello Inc. still has a ways to go to reach maturity. The company has faced massive losses.

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  • Cloud business a bright spot for slowing Alibaba and Baidu May 27, 2022
  • iQiyi reported its first quarterly profit since its founding May 27, 2022
  • Baidu to sell automated driving systems to China’s Dongfeng May 27, 2022
  • Auto tech firm Ecarx to go public via $3.8 billion SPAC merger May 27, 2022
  • Alibaba posts slowest quarterly growth despite beating revenue estimate May 27, 2022
  • ByteDance launches HR management tool Feishu People May 26, 2022

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