NewsKEY STAT | Hillhouse Capital raises money for its largest-ever RMB fundThe new RMB fund will manage over 20 billion yuan. 1 min read
The Chinese internet giant showed off a series of next-gen products at the Apsara Conference in Hangzhou. NewsAlibaba unveils palm-sized personal computer and autonomous logistics robot2 mins read
COVID-19 outbreak could give China’s digital economy another push this year as both consumers and businesses turn digital. NewsKEY STAT | Digital economy contributes more than a third of China’s GDP1 min read
The launch of the feature is a significant step towards transforming home-buying into an online experience. NewsAlibaba launches Tmall channel to buy property online2 mins read
The firm whose business includes facial recognition for pigs is expecting a USD 2.93 billion IPO. Visual StoriesBIZ IN GRAPHICS | What JD Digits brings to China’s fintech sector with its upcoming IPO2 mins read
The factory, which has been under development for three years, is now able to produce small-batch orders at reasonable costs and with shorter delivery times for apparel makers. NewsAlibaba unveils vision of futuristic, on-demand manufacturing with secret Hangzhou factory2 mins read
More than 100 million people watch e-commerce livestreaming on the short video app. NewsKEY STAT | Short video app Kuaishou becomes fourth-largest e-commerce platform in China1 min read
Leleketang produces and sells short videos for K12 students. NewsEdtech firm Leleketang reaps USD 40 million in Series C round2 mins read
Founder and CEO of Baidu says that AI will alleviate China’s traffic congestion in 10 years. NewsKEY STAT | Baidu looks to reduce Chinese city traffic congestion with self-driving technologies1 min read
