China

A record-breaking downpour has Zhengzhou under water.

Hema is hoping that a premium model relying on higher average order value and greater margins can lead to long-term success in China’s online grocery market.

China Venture Roundup Volume 44 covers China’s investment activity from July 5 to July 11, 2021.

The other “dragons”—Yitu, SenseTime, and Megvii—are in varying stages of their IPO processes.

PingCap’s open-source database services are aimed at high-growth companies that process massive volumes of transactional data.

Robotaxis are zipping around some of China’s open roads.

The company’s platform enables online influencers to mint NFTs for sale and may develop blockchain-powered virtual avatars.

The robotaxi race in China is heating up as startups scale their pilot programs to eventually commercialize the service.