Ant Financial in talks for a $3.5 billion loan at lower rate: report

Alibaba's fintech affiliate Ant Financial is in talks with lenders for a…


Qutoutiao’s online reading platform Midu raises $100 million in Series B

Online reading app Midu has closed a Series B worth $100 million, according to…


Nio deemed too risky as government cancels talks for a factory in Huzhou

Nio‘s logo outside one of its showrooms on Sept. 28, 2019 in Beijing. (Image…


Huawei revenue for the first 3 quarters rises 24% despite US blacklisting

A Huawei offline shop on Sept. 28, 2019 in Beijing. (Image credit:…


TikTok hires former US congressmen to review content policies amid scrutiny

(Image credit: Bigstock/bigtunaonline) TikTok will hire two former US…


JD takes aim at lower-tier markets with re-brand of Pinduoduo clone

Workers stroll through the lobby at online retailer JD's Beijing headquarters,…


League of Legends Mobile is launching in 2020; registration for beta testing opens

Original artwork from "League of Legends." (Image credit: Tencent) Tencent has…


Biometrics firm Megvii's contract in Taiwan at risk after US blacklisting

The Taiwan government announced that it would investigate Chinese artificial…


NetEase education unit Youdao looks to raise $116 million in US IPO

Screenshot of Youdao's official website. (Image credit: TechNode) Gaming giant…


LeEco

Faraday Future's Jia Yueting files for bankruptcy in US, to return to China

Jia Yueting, founder of electric vehicle startup Faraday Future and Chinese…