NewslettersDaily Digest | No more red carpets in New York?Chinese companies are avoiding US public markets for now. 2 mins read
The company has plans to operate passenger services in 30 cities by 2024. NewsBaidu Apollo’s autonomous vehicles cruise in four cities while regulators constrict data collection for cars2 mins read
The sector has lost momentum after hitting its peak in 2020, in part due to policies limiting the use of subsidies for user acquisition. NewsXingsheng raises USD 300 million while broader community group-buying craze wanes2 mins read
While Huawei retreats from the smartphone business, Xiaomi is ramping up its presence in Europe, Africa, and Latin America. NewsXiaomi surpasses Apple to become world’s second largest smartphone brand2 mins read
Participating startups can benefit from Merck Group’s commercialization, industry connections, and capital investment. NewsMerck Accelerator China announces 2021 cohort with focus on AI and biotech2 mins read
ShowMeBug helps companies assess technical talents and streamlines the hiring process in the tech sector. NewsTechnical assessment and hiring platform ShowMeBug bags USD 15 million Series A from Sequoia Capital and Hillhouse Capital2 mins read
Xiaohongshu is the latest company to join the likes of ByteDance, Keep, and LinkDoc to abandon an initial public offering in New York. NewsSocial commerce company Xiaohongshu reportedly aborts plans for US IPO2 mins read
White Rhino is applying its unmanned distribution vehicles in grocery delivery services and is looking to expand to more cities in China. NewsWhite Rhino’s autonomous delivery system gets tune-up with new investment2 mins read