Oyo’s spectacular retreat in China may have some lasting effects on SoftBank. Or it may be just another Tuesday in venture capital land.
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Posted inHeavy Hitters
From bad Tsinghua student to Meituan second in command
As Meituan CEO Wang Xing’s right hand man—and college best friend—announces his retirement, TechNode takes a close look back at his career.
Posted inHeavy Hitters
TikTok, Douyin the world’s second most-downloaded app in 2019
TikTok and Chinese version Douyin recorded more than 738 million downloads in 2019 across Apple’s App Store and Google Play in 2019.
Posted inHeavy Hitters, On the Cusp
Nio stocks rebound as Q1 deliveries beat forecasts
The Q1 performance of Nio was a big relief for investors and eased concerns over fallout from the recent Luckin scandal.
Posted inHeavy Hitters
Chinese online media firm Sina may delist in US
Sina is the second Chinese tech company in a month mulling a delisting from the US market, a sign that Chinese tech firms are shying away from US markets.
Posted inHeavy Hitters
Nio, Xpeng, Li Auto: your cheat sheet to China’s listed Tesla rivals
There are now three Chinese premium EV makers listed in US stock markets: Nio, Li Auto, and Xpeng. Let’s get to know them.
Posted inViews
Bytedance is taking over the attention economy
Bytedance is set to shove Baidu aside as the B in BATs, and is taking a bite out of Tencent’s ad revenue. Why? Its ads are just more effective.
Posted inThe Numbers
Nio’s revenue beat can’t outshine its struggle for profit
More challenges loom ahead in the pursuit of profit for Nio, as the company fights for market share amid intensifying competition.
Posted inOn the Cusp
INSIGHTS | Who owns ‘internet literature’?
Powered by grassroots fans, Chinese ‘internet literature’ is big business. It does for Chinese film and TV what Marvel comics do for Hollywood.
Posted inHeavy Hitters
Huawei faces uncertain future after US chips deadline
Following a key US deadline Tuesday, Huawei has lost nearly all access to semiconductors linked to US technology. That’s most of its semiconductors.
