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Alibaba and Meituan Compete with Veggie-selling Startup Meicai

Meicai purchase from primary suppliers and farmers in straight, or what the company calls as F2B (Farmer to Business) model. Meicai claims farmers account for approximately 50% of their purchases and it sees the percentage keep increasing.
by FENG Linyan May. 25, 2019
Alibaba and Meituan Compete with Veggie-selling Startup Meicai

Alibaba and Meituan Compete with Veggie-selling Startup Meicai

by FENG Linyan May. 25, 2019

Yunding Tech Launches New Smart Locks, Iron Man Shape May Attract the Most
by SHANG Yang May. 24, 2019

Socially-driven E-commerce Drives Alibaba’s Taoxiaopu Online
by WANG Butao May. 23, 2019

Pinduoduo Announces Q1 Financials
by WANG Butao May. 22, 2019
GSX Techedu Valuation to Reach USD 3 Billion After IPO
GSX Techedu Valuation to Reach USD 3 Billion After IPO
GSX Techedu sets an offering price range of USD 9.5 to USD 11.5 per share, under ticker 'GSX'. The valuation could rise to USD 3 billion after the IPO.
by ZHOU Sirui May. 25, 2019
GSX Techedu sets an offering price range of USD 9.5 to USD 11.5 per share, under ticker 'GSX'. The valuation could rise to USD 3 billion after the IPO.
Didi is Optimizing Scope
Didi is Optimizing Scope
Supermarket of transportation doesn’t have much shelf space: Didi suspends previously planned invasion of the travel industry.
by Ivan Platonov May. 24, 2019
Supermarket of transportation doesn’t have much shelf space: Didi suspends previously planned invasion of the travel industry.

MOST READ

ARM Ceases Business With Huawei
ARM Ceases Business With Huawei
Huawei, the second-largest smartphone vendor, is better equipped than most Chinese firms to weather this storm. However, it may be in deep trouble now that the UK-based ARM has decided to stop working with Huawei.
by Qasim KHAN May. 24, 2019
Huawei, the second-largest smartphone vendor, is better equipped than most Chinese firms to weather this storm. However, it may be in deep trouble now that the UK-based ARM has decided to stop working with Huawei.
Shanghai Cell Theraphy Group Completes CNY 650 Million Series C2
Shanghai Cell Theraphy Group Completes CNY 650 Million Series C2
Shanghai Cell Therapy Group has completed CNY 650 million -the equivalent of approximately USD 95 million,- in Series C2 financing at an undisclosed time.
by Yusuf TUNA May. 24, 2019
Shanghai Cell Therapy Group has completed CNY 650 million -the equivalent of approximately USD 95 million,- in Series C2 financing at an undisclosed time.
Xpeng Motors Sets Up Real Estate Company for Plant's Operation
Xpeng Motors Sets Up Real Estate Company for Plant's Operation
The registered capital of the company is CNY 474 million, and the major shareholder is Xpeng Motors, with a shareholding of 73.84%.
by AN Feng May. 24, 2019
The registered capital of the company is CNY 474 million, and the major shareholder is Xpeng Motors, with a shareholding of 73.84%.

MOST READ

Hello from the Other Side
Hello from the Other Side
by Ivan Platonov May. 24, 2019
Yunding Tech Launches New Smart Locks, Iron Man Shape May Attract the Most
Yunding Tech Launches New Smart Locks, Iron Man Shape May Attract the Most
by SHANG Yang May. 24, 2019
Socially-driven E-commerce Drives Alibaba’s Taoxiaopu Online
Socially-driven E-commerce Drives Alibaba’s Taoxiaopu Online
by WANG Butao May. 23, 2019
Huawei's Self-developed OS to be Ready by The End of 2019
Huawei's Self-developed OS to be Ready by The End of 2019
by Qasim KHAN May. 23, 2019

THE LATEST

New Horizon Health Completes USD 66 Million Series C Funding
New Horizon Health Completes USD 66 Million Series C Funding
New Horizon Health completed its C round of financing valuated USD 66 million on May 24, led by VMS Group and followed by Legend Capital and Softbank China.
by SHANG Yang May. 24, 2019
Healthcare
Agora.io Catching the Wave of Live Streaming
Agora.io Catching the Wave of Live Streaming
Eric Yuan left WebEx to fund Zoom (NASDAQ: ZM), pushing a USD 23 billion dollar public company into the spotlight. Another former employee at WebEx named Tony Zhao built Agora.io in 2014.
by Sylvia Liang May. 24, 2019
AI
Will SenseTime Get Behind the Wheel?
Will SenseTime Get Behind the Wheel?
Leading Chinese AI company SenseTime plans to drive into the car industry.
by AN Feng May. 23, 2019
Auto
Alipay Balloons in Turkish Tourism Market
Alipay Balloons in Turkish Tourism Market
Working with more than 250 overseas financial institutions and payment solution partners, Alipay currently supports 27 different exchange rates.
by WANG Butao May. 23, 2019
Financial
Nepal Bans Alipay and WeChat Pay
Nepal Bans Alipay and WeChat Pay
By allowing transactions through Alipay or WeChat Pay apps, some of the Chinese vendors who run businesses in Nepal will provide a Chinese QR code for customers to scan. Thus the money bypasses the Nepali financial system.
by WANG Butao May. 22, 2019
Financial
Risks and Opportunities of Betting on Ride-hailing
Risks and Opportunities of Betting on Ride-hailing
Many car companies are transforming from manufacturers to travel service providers, and they will face many challenges.
by AN Feng May. 22, 2019
Auto
"We Invest in Solutions, Not Businesses. We invest in Tomorrow, Not Today!"
"We Invest in Solutions, Not Businesses. We invest in Tomorrow, Not Today!"
On May 21, EqualOcean held a two-and-half-hours meeting with Harry Wang in Beijing and took exclusive notes from his inspiring vision and stimulating VC decision-making matrix.
by Yusuf TUNA May. 22, 2019
AI
Pinduoduo Announces Q1 Financials
Pinduoduo Announces Q1 Financials
Total revenues in Q1 reached CNY 4,545.2 million, an increase of 228% for the same period in 2018. Operating loss was CNY 2,120.5 million, compared with operating loss of CNY 253.1 million in the same quarter of 2018.
by WANG Butao May. 22, 2019
Retail
Tuhu Officially Releases Its Service Standard Evaluation System
by AN Feng May. 22, 2019
Tuhu Officially Releases Its Service Standard Evaluation System
It is reported that other manufacturers in the integrity alliance will also upload their own product service standards, thus forming a strong product service standard system.
by AN Feng May. 22, 2019
Auto

Tuhu Officially Releases Its Service Standard Evaluation System

by AN Feng May. 22, 2019
WU Capital Invests CNY 130 Million in a Vocational Education Company
by Qasim KHAN May. 21, 2019
WU Capital Invests CNY 130 Million in a Vocational Education Company
Sanjieke raises CNY 130 million as more and more policies encourage vocational education.
by Qasim KHAN May. 21, 2019
Education

WU Capital Invests CNY 130 Million in a Vocational Education Company

by Qasim KHAN May. 21, 2019
DeepBlue Technology to Build Asian R&D Center in Changzhou
by ZHOU Sirui May. 21, 2019
DeepBlue Technology to Build Asian R&D Center in Changzhou
DeepBlue Technology began construction of its Asian Research and Development Center in Changzhou, a city with a favorable AI development environment.
by ZHOU Sirui May. 21, 2019
AI

DeepBlue Technology to Build Asian R&D Center in Changzhou

by ZHOU Sirui May. 21, 2019
Robo-trucking Company TuSimple Teams up with the USPS to Haul Mail
by FENG Linyan May. 21, 2019
Robo-trucking Company TuSimple Teams up with the USPS to Haul Mail
The pilot program is an important milestone for the company and it is also the first time that the company expands its driverless trucking service beyond the Arizona area.
by FENG Linyan May. 21, 2019
Auto

Robo-trucking Company TuSimple Teams up with the USPS to Haul Mail

by FENG Linyan May. 21, 2019
Freshhema Ranks 18th in FMCG Companies in China
by WANG Butao May. 21, 2019
Freshhema Ranks 18th in FMCG Companies in China
Freshhema ranks eighteenth in all Fast-Moving Consumer Goods (FMCG) companies with an annual sales revenue of CNY 14 billion, with franchise stores up to 149.
by WANG Butao May. 21, 2019
Retail

Freshhema Ranks 18th in FMCG Companies in China

by WANG Butao May. 21, 2019
Miaoshou.com To Build Global Future Hospital Headquarters in Haikou
by SHANG Yang May. 21, 2019
Miaoshou.com To Build Global Future Hospital Headquarters in Haikou
Miaoshou.com signed a cooperation agreement with Haikou’s government on May 18. The company will build its headquarters of global future hospital in Haikou.
by SHANG Yang May. 21, 2019
Healthcare

Miaoshou.com To Build Global Future Hospital Headquarters in Haikou

by SHANG Yang May. 21, 2019
Alipay’s Dragonfly Flies to Southern China
by WANG Butao May. 21, 2019
Alipay’s Dragonfly Flies to Southern China
Around 1,000 7-Eleven chain stores in more than 11 cities in Southern China will be equipped with Alipay's facial-recognition payment device to realize a more safe and efficient way of mobile payment.
by WANG Butao May. 21, 2019
Financial

Alipay’s Dragonfly Flies to Southern China

by WANG Butao May. 21, 2019
Bairong Enters New Stage with New Name
by WANG Butao May. 21, 2019
Bairong Enters New Stage with New Name
The company's new name highlights the technological attributes of Bairong Yunchuang, and fully demonstrates its technological advantages in the fields of artificial intelligence, big data and cloud computing.
by WANG Butao May. 21, 2019
High Tech

Bairong Enters New Stage with New Name

by WANG Butao May. 21, 2019
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