China’s Meituan Dianping files for IPO in Hong Kong

Chinese food delivery and life services platform Meituan Dianping filed for an initial public offering (IPO) in Hong…


Despite growing demand for better food, China isn't quite ready for indoor farming

Every Monday and Thursday morning, a team of urban farmers go to a high-end restaurant in eastern Beijing. They deliver…


JD.com grossed RMB 160 billion in its mid-year sale with the help of physical stores

China’s e-commerce platform JD.com reached RMB 159.2 billion in sales during its annual 618 Shopping Festival, which…


China's smartphone maker Xiaomi delays its CDR offering

Chinese smartphone manufacturer Xiaomi has abruptly postponed its plan to list on Mainland China's stock exchanges. On…


Didi resumes its night Hitch service after security enhancement

Ride-hailing platform Didi Chuxing (滴滴出行) will resume part of its night-time Hitch services (顺风车) on June 15, allowing…


Video streaming platform AcFun reveals security breach

Chinese video streaming platform AcFun revealed shortly after midnight of June 13 that hackers had stolen data of tens…


Luckin Coffee

With rumored Series A, Luckin Coffee may become China's first coffee unicorn

China’s new popular coffee brand Luckin Coffee may just become another unicorn on the country’s tech scene in half a…


Douyu

Game live streaming platform Douyu rumored to plan IPO in Hong Kong

Tencent-backed game live-streaming platform Douyu(斗鱼) is reported to plan an initial public offering in Hong Kong. The…


Tencent to cooperate with Walmart on retail business

Tencent just accelerated its pace in the retail business. China’s tech giant Tencent announced strategic cooperation…


Chinese state media doesn’t care for Bytedance's apology

After Bytedance apologized for disrespectful ad content about China’s war heroes, the People’s Daily, one of China’s…