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Nio-backed ride-hailing app Dida looking to raise $300 million

(Image credit: Dida Chuxing) Chinese ride-hailing platform Dida Chuxing is…


GAC, Nio in talks about investment of up to $150 million

Feng Xingya (left), president of Guangzhou Automobile Group shaking hands with…


Xiaohongshu shutters offline shops in Shanghai

Interior at one of RedHome on Nov 24, 2019 in Shanghai. (Image credit:…


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The Chinese startup taking photoshop out of the dating game

Screenshot of Soul App. (Image Credit: TechNode) Apps that use photos and…


Xiaohongshu opens to more sellers to speed up monetization

The exterior of a Xiaohongshu offline store in Shanghai on Nov. 24, 2019.…


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Weibo pushes into social commerce with Ymatou investment

Sina and weibo logos on the board in front of Sina Beijing office on Oct 30,…


facial recognition data leaks cybersecurity infosec surveillance China Megvii tech AI deep learning cybersec

Updated: Megvii server containing facial scan data left open: researcher

Editor’s note: On Jan. 13, we published a story about an unsecured Megvii…


HYCAN’s first battery electric sports utility vehicle model, boasting an NEDC range of 650 kilometers, closed first round of pre-sale in just three days, announced GAC-Nio on Oct. 25, 2019 (Image credit: HYCAN)

GAC, Nio joint venture targets RMB 1.5 billion raise: report

HYCAN’s first battery electric sports utility vehicle model, boasting an NEDC…


The Chinese startup using chatbots to revolutionize hotel bookings

Image credit: TravelFlan Hong Kong-based TravelFlan is using chatbots to…


Luckin Coffee announces 2 new bids to raise cash

Luckin Coffee's self-service coffee machine. (Image credit: Rancaijing) Chinese…