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Bytedance says it has no IPO plans, but its rise seems unstoppable

Bytedance, the company behind the massively popular news aggregation app Jinri…


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China Internet Report 2018: Chinese internet giants are expanding and so is government regulation

China’s internet industry is one of the most active across the globe and as a…


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Social fitness app Keep raises $126 million in series D funding

Can you recall the last time you made up your mind about exercising and then…


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Shares of Xiaomi rally after being included in the Hang Sang Composite Index

Shares of Chinese smartphone maker Xiaomi rallied after closing below the…


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Chinese answer to Tesla Xpeng rumored to raise $600-$700 million at $4 billion valuation

Chinese electric vehicle startup Xiaopeng Motors (Xpeng) is reportedly in talks…


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Another Baidu resignation: AI startup Raven Tech's founder leaves company

The founder of Baidu-acquired AI assistant startup Raven Tech’s (渡鴉) Lu Cheng…


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Ofo fires staff in India, winds down operations in the country

Bike rental firm ofo has asked its staff that formed part of its Indian…


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Co-founder of self-driving startup JingChi accuses company of forging signatures

Over the weekend, Chinese self-driving startup JingChi’s (景驰科技) co-founder Pan…


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Tencent seeks to list its music business in the US

Tencent Holdings Ltd has submitted a proposal to the Stock Exchange of Hong…


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Illegal crypto and blockchain-related fraud cases on the rise

Earlier this week, the Beijing Municipal People's Procuratorate released a new…