Posted inUp and Comers
Self-driving startup WeRide raised $200 million in Series B1
WeRide, the first testing fully driverless cars on Chinese open roads, is also promising a fully hands-free minibus.
Posted inHeavy Hitters
China launches anti-monopoly investigation into Alibaba
As sister company Ant Group faces challenges from finance regulators, Alibaba is confirmed to face an anti-monopoly investigation.
Posted inHeavy Hitters
Ant Group to meet regulators ‘in the coming days’
Ant Group will face financial regulators “in the coming days.” The fintech giant had its IPO suspended in November.
Posted inOn the Cusp
Visiting the NIO plant in Hefei, China’s rising EV capital
Hefei is among a growing number of lower-tier Chinese cities looking to boost EV adoption as well as raise its profile as an EV hub.
Posted inTurf Wars
China Tech Investor: The boom and bust of China’s ‘second landlords,’ with Capucine Cogné
China’s “second landlord” platforms have seen a dramatic rise and fall. What led to their fall from grace and who stands to benfit as the industry consolidates?
Posted inWith Chinese Characteristics
SaaS is starting to sell Chinese companies on software: GGV’s Joshua Wu
It’s a great time to start a SaaS business in China, says VC principal Joshua Wu, but finding the right sales channels might be a challenge.
Posted inHeavy Hitters
Meituan and price boosting, livestreamers sell fakes: Retailheads
Meituan was blasted last week after a viral WeChat post accusing it of price discrimination. Another top livestreamer was found to be selling counterfeits.
Posted inViews
Why edtech AI hasn’t caught on in China’s public schools
AI-powered edtech hasn’t taken root in China’s public schools, which face budget constraints and are reluctant to take on new education tools.
Posted inWith Chinese Characteristics
CHINA VOICES | Face recognition is creeping Chinese netizens out
China has probably got more face recognition than anywhere else in the world—but its love affair with the technology is getting complicated.