Briefing: EV startup WM Motor will raise at least $288 million investment from Baidu and others

Chinese EV startup WM Motor raising at least $288 million from Baidu, others:…


Briefing: SenseTime among investors of IoT and safety unicorn Terminus' billion RMB financing

特斯联完成12亿元B1轮融资,光大控股、IDG领投,商汤科技跟投 - 36Kr What happened: Terminus, an IoT unicorn…


Updated: Faraday Future granted emergency relief, cuts ties with Evergrande

Faraday Future and Evergrande were embroiled in a nasty row over the past few…


Briefing: Faraday Future is planning layoffs

China's EV maker Faraday Future plans lay-offs, 20 percent pay cuts —Reuters…


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…


Briefing: Didi's rival Dida becomes second China's largest ride-hailing service

Dida Chuxing Turns Into China’s Second-Largest Web Driver as Cabs Come Back…


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…


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 –…


Evergrande establishes Faraday Future company in Beijing even as turmoil prevails

Evergrande Faraday has set up a company in Beijing despite continued disputes…


Briefing: China’s AI firm iFlytek accused of cashing in on real estate investment

Chinese AI firm iFlytek shuts down R&D center after scandal-Global Times…