Briefing: Banma Kuaipao rebrands as “Banma Ride-hailing”, secures RMB 300 million

斑马快跑获北京千佳圆基金3亿元投资,已取得125城网约车牌照 – 猎云网 What happened: Chinese ride-hailing company Banma Kuaipao (斑马快跑) is now…


china bitcoin blockchain

New proposed rules could rock China's blockchain industry. Here's what they mean

The Cyberspace Administration of China (CAC) has released a set of draft regulations that, in its current form,…


Briefing: Chinese short-distance delivery platform eyes 2020 IPO

消息称闪送预计2020年IPO 目前估值约7亿美元 - Tencent What happened: Shanghai-based short-distance delivery platform Shansong Express…


Briefing: Alibaba and SenseTime-backed Hong Kong AI lab announces first batch of startups to receive funding

Alibaba-backed Hong Kong AI lab names first batch of start-ups for funding – SCMP What happened: A Hong Kong artificial…


Briefing: Starbucks to expand delivery service to 9 other cities in China

星巴克专星送(TM)上线“足月” - PR Newswire What happened: Starbucks will officially bring its delivery service Starbucks Delivers…


Tesla buys land for Shanghai factory

Image credit: Tesla Tesla has secured the plot for its mega factory in Shanghai, local media is reporting (in Chinese).…


Co-working giant Ucommune completes its 7th acquisition this year

China's co-working giant and WeWork's fiercest rival in this area has acquired its seventh company this year. Ucommune…


Didi Chuxing to add thousands of Party members to its customer service

Didi Chuxing has announced new plans to grow the size of its in-house customer service team, adding 3000 new positions…


Briefing: Nio shares surge after exceeding third quarter delivery target

The Tesla of China surges after deliveries beat (NIO) – Markets Insider What happened: Nio, also known as the Tesla of…


Briefing: Didi and Meituan slash nearly 200,000 vehicles that fail to meet standards

滴滴美团称在南京已清退近20万辆违规网约车 – Xinhua What happened: According to figures provided to the Nanjing authorities, Didi Chuxing…