Briefing: Video platform iQiyi aims to raise $1.1 billion in convertible bond sale

China video-streaming firm iQIYI targets raising $1.1 billion in convertible bonds - Reuters What happened: Chinese…


Jack Ma’s Hupan University kicks off new class, includes Horizon Robotics CEO

Hupan University's 2017 new student class  (Image credit: Hupan University). After a rigorous, six-month selection…


Online housing platform Beike gets $800 million in funding from Tencent

(Image credit: Beike) Beijing-based online housing platform Beike announced Monday it has received $800 million in…


Gaming firm The9 partners with Faraday Future to run EV business in China

(Image credit: Faraday Future) After a series of furloughs, pay cuts, and a plant closure, embattled electric vehicle…


Murder of Didi driver thrusts ride-hailing security into the spotlight once again

A Didi driver has allegedly been murdered by a passenger in the central Chinese city of Changde, once again drawing…


Automaker Changan parters with Tencent, Alibaba on RMB 10 billion mobility business

(Image credit: Changan) Chinese automaker Changan has tied up with internet giants Tencent and Alibaba to form a RMB 10…


More than 500 fraudsters arrested over fake Didi transactions

(Image credit: Didi) More than 500 individuals have been arrested for using Didi’s ride-hailing platform for fraudulent…


China tells financial services industry to wipe out online usury

(Image credit: Rong360) Chinese authorities are stepping up efforts to fight online usury, an issue sharply criticized…


Briefing: Didi takes punitive measures against deviant shared bike riders

滴滴发布违规使用单车惩罚措施,相关账号将被冻结5-90天 — Jiemian What happened: Mobility company Didi is taking more severe punitive measures…


Briefing: Former Tencent AI Lab head joins Sinovation Ventures

前腾讯AI Lab主任张潼加盟创新工场 兼任科研合伙人 - Sina Tech What happened: Zhang Tong, former head of Tencent AI Lab, will join venture…