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Posted inOn the Cusp

Alibaba’s second-hand app under fire over explicit messages aimed at user’s daughter

by Rachel Zhang Jul 10, 2019Mar 17, 2020

Police apprehended the sender after the user feared for the safety of her family.

Posted inUp and Comers

Chinese second-hand car platform Uxin accuses rival of faking revenue data

by Jill Shen Feb 1, 2019Jun 8, 2020

This is not the first time Guazi has been accused of unfair competition and attempting to mislead the public.

Aihuishou
Posted inHeavy Hitters

JD-backed electronics reseller Aihuishou files for US IPO

by Emma Lee May 31, 2021May 31, 2021

Aihuishou, a Chinese electronics resale platform backed by JD.com, filed an application for an IPO on the New York stock exchange on Friday.

Uxin 58.com used car selling sales
Posted inOn the Cusp

China’s Craigslist is buying a car auction platform

by Emma Lee Mar 25, 2020Mar 25, 2020

Online classifieds site 58.com is purchasing the enterprise car auction unit of troubled second-hand car selling platform Uxin for $105 million in cash. Why it matters: The purchase marks the sale of another major asset from used car seller Uxin in its year-long struggle to stay afloat, complicated by slowing car sales from the Covid-19 […]

Missfresh app
Posted inOn the Cusp

MissFresh, Dingdong Maicai file for US IPOs, JD expands overseas: Retailheads

by Louis Hinnant and Julia Lu Jun 9, 2021Jun 10, 2021

MissFresh, Dingdong Maicai, two Chinese online grocers, filed for US IPOs. JD.com and its logistic branch are expanding overseas.

crypto mining Dogecoin PBOC Bitmain Neo CBDC digital yuan binance Crypto blockheads blockchain BSN cryptocurrency Bitcoin
Posted inOn the Cusp

Crypto exchanges pull services to Chinese customers, mining updates: Blockheads

by Eliza Gkritsi Jun 1, 2021Jun 8, 2021

Crypto exchanges are shutting off Chinese users from derivatives trading. A government official said digital yuan could run on Ethereum.

Posted inOn the Cusp

Briefing: Hema partners with Alipay to gamify plastic-free shopping

by Nicole Jao Feb 25, 2019Jun 8, 2020

Hema expects the green initiative to save over 12 million plastic bags and plant 15,000 trees.

Posted inOn the Cusp

The failed “Facebook of China” leaves its future in the hand of users

by Emma Lee Aug 6, 2018Aug 6, 2018

The founding team of Renren has finally decided to let go of their efforts to restore the platform to its former glory, leaving the fate of the site in the hands of users and partners instead.

electric vehicle new energy vehicle mobility gm wuling dji drone adas self-driving autonomous driving
Posted inHeavy Hitters

Chinese drone maker DJI will soon see its in-car system in a mass-produced EV

by Jill Shen Jun 10, 2022Jun 10, 2022

The launch marks a first milestone for the world’s largest maker of consumer drones in its push into the Chinese EV space.

EV NIO Xpeng Tesla
Posted inHeavy Hitters, On the Cusp

Nio stocks rebound as Q1 deliveries beat forecasts

by Jill Shen Apr 8, 2020Apr 8, 2020

The Q1 performance of Nio was a big relief for investors and eased concerns over fallout from the recent Luckin scandal.

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