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As tech companies seek to limit losses, a reminder of how far some have to go
If Bilibili and Twilio are enduring headaches as investors molt from growth-oriented to more profit-focused beasts, how much harder will it be for startups?
China’s EV darling Nio turns to Hong Kong and Singapore amid US delisting risk
Nio, an electric vehicle upstart from China, is planning to list its shares in Singapore, which will make the city-state the third base where it trades as geopolitical tensions between…
In mid-April, a group of industry associations in China issued a warning against the potential financial risks of non-fungible tokens, digital assets that represent real-world objects or intangible goods like…
Tencent, the world’s largest video games company, said it will shutter its game streaming platform Penguin Esports by June due to “changes in business strategies.” Twitch-like Penguin Esports never achieved…
That China is potentially retreating from the posture it struck last year is incredibly important not only for companies directly impacted by the news, but also startups looking to build…
Death of Bilibili content auditor revives debate on China’s overwork culture
The recent death of an online content auditor in China has brought attention to the toil of the occupation that has emerged in the internet age. A 25-year-old man who…
Yahaha Studios, a platform for building no-code, immersive games, raised $50M in 3 rounds ahead of its launch this year
The success of Roblox and other user-created gaming experiences like Overwolf have democratized the concept of making games and have taken it into the mainstream. Now, a startup founded by…
Mythical Games raises $75M to build an NFT game engine
Even as NFT sales dip below their most speculative highs, startups aiming to tap into their potential are still scoring big funding rounds from investors who believe there’s much more…
China’s e-commerce giant JD.com starts paying some staff in digital yuan
China’s plan to introduce its digital currency is getting a lot of help from its tech conglomerates. JD.com, a major Chinese online retailer that competes with Alibaba, said Monday that…
Bilibili ups the ante in games with $123 million investment in TapTap
Competition in China’s gaming industry is getting stiffer in recent times as tech giants sniff out potential buyouts and investments to beef up their gaming alliance, whether it pertains to…
China Roundup: A blow to US-listed Chinese firms and TikTok’s new global face
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world.…
With 170M users, Bilibili is the nearest thing China has to YouTube
Bilibili, a Chinese video streaming website that was once regarded as a haven for youth subculture, has been steadily making its way into the mainstream as users age up and…
