Undeterred by US blacklisting, AI firm Megvii eyes end-year IPO

The US ban could discourage investors from buying the biometric firm's shares.

China Tech Investor 38: An interview with Pinduoduo’s David Liu

David Liu join to discuss Pinduoduo breaking into the ultra-competitive e-commerce market in China.

Qutoutiao’s online reading platform Midu raises $100 million in Series B

Midu's daily active users spend an average of two hours on the platform.

Nio deemed too risky as government cancels talks for a factory in Huzhou

Nio’s share prices fell 5.2% to $1.47 in pre-market trading on Wednesday.

Huawei revenue for the first 3 quarters rises 24% despite US blacklisting

It shipped more than 185 million smartphones from January to September.

Baidu Ventures: AI in China has potential, but needs real business models

Felix Fang at Baidu Ventures talks about AI industry in China.

TikTok hires former US congressmen to review content policies amid scrutiny

The Chinese-owned short video-sharing app is stepping up efforts to adjust its image.

JD takes aim at lower-tier markets with re-brand of Pinduoduo clone

Consumption levels in China’s lower-tier cities are catching up with those in first-tier hubs.


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