China

TuSimple adds another $120 million to its self-driving trucks war chest

Self-driving truck startup TuSimple has added another $120 million to a Series D funding round led by Sina, operator of China’s biggest microblogging site Weibo, bringing the total haul to $215 mill

SimShine raises $8 million for home security cameras that use edge computing

SimShine, a computer vision startup based in Shenzhen, has raised $8 million in pre-Series A funding for SimCam, its line of home security cameras that use edge computing to keep data on-device. The f

Jack Ma officially retires as Alibaba’s chairman

Jack Ma stepped down as Alibaba’s chairman today, handing the role over to the company’s current CEO, Daniel Zhang. The transition was announced a year ago. Ma will continue serving on Alibaba’s

American tariffs are having a bigger impact on US-based Amazon vendors than their competitors in China, according to SellerMotor

The series of tariffs imposed by the United States on Chinese goods has impacted both U.S. and China-based Amazon vendors, but U.S. sellers are taking a bigger hit to their sales, according to data fr

Alibaba acquires NetEase Kaola in deal worth $2 billion

Alibaba Group has acquired NetEase Kaola for $2 billion, the two companies said today, and will integrate it into Tmall, creating the largest cross-border e-commerce platform in China. The announcemen

Why Walmart’s Flipkart is betting heavily on Hindi

Flipkart, the largest e-commerce platform in India, said Tuesday it has concluded the roll-out of a range of features to its shopping app in what is its biggest update in recent years. Chief among the

Alibaba reportedly near finalizing a deal to acquire NetEase’s cross-border e-commerce unit

After weeks of media reports, Alibaba may finally be nearing an agreement to acquire NetEase’s cross-border e-commerce unit, Kaola. Chinese tech news website 36kr reports that a deal may be announce

How Zhihu has become one of China’s biggest hubs for experts

Zhihu may not be as well known outside of China as WeChat or ByteDance’s Douyin, but over the past eight years, it has cultivated a reputation for being one of the country’s most trustworthy s

WeChat restricts controversial video face-swapping app Zao, citing ‘security risks’

Zao went viral in China this weekend for its realistic face-swapping videos, but after controversy about its user policy, WeChat restricted access to the app on its messaging platform. Users can still

Sources say China used iPhone hacks to target Uyghur Muslims

A number of malicious websites used to hack into iPhones over a two-year period were targeting Uyghur Muslims, TechCrunch has learned. Sources familiar with the matter said the websites were part of a

Apple products under pricing pressure as new 15% tariffs drop Sunday

A new 15% tariff on Chinese imports will go in effect just after midnight Sunday, placing levies on hundreds of household goods and consumer tech, including a bevy of Apple products. The tariffs, put

Didi Chuxing to launch self-driving rides in Shanghai and expand them beyond China by 2021

Didi Chuxing will begin picking up ride-hailing passengers with self-driving cars in Shanghai in just a few months, according to company CTO Zhang Bo (via Reuters). The plan is to roll out autonomous

Kaszek Ventures raises $600 million in two funds as Latin America’s startup market booms

Kaszek Ventures, the investment firm that has been one of the primary architects of the recent boom in startup financing and growth in Latin America, has just raised $600 million across two new funds.

The Hong Kong Internet Service Providers Association warns that restricting online access would be ruinous for the region

After Hong Kong’s leader suggested she may invoke emergency powers that could potentially include limiting internet access, one of the city’s biggest industry groups warned that “any such re

More than 130 US companies have reportedly applied to sell to Huawei, but the Commerce Department has approved none of them

President Trump said in July that some U.S. suppliers would be allowed to sell to Huawei while it remains blacklisted, but so far no vendors have been allowed to do so. Reuters reports that more than

Google falls to third place in worldwide smart speaker market

The global smart speaker market grew 55.4% in the second quarter to reach 26.1 million shipments, according to a new report from Canalys. Amazon continued to lead the race, accounting for 6.6 million

Megvii, the Chinese startup unicorn known for facial recognition tech, files to go public in Hong Kong

Megvii Technology, the Beijing-based artificial intelligence startup known in particular for its facial recognition brand Face++, has filed for a public listing on the Hong Kong stock exchange. Its pr

Trump adds tariffs to $550 billion of Chinese imports in trade war reprisal

President Trump announced Friday on Twitter that tariffs on Chinese imports will increase 5 percentage points in a tit-for-tat response to China’s own plans to place new duties on U.S. goods. Ab

Google says China used YouTube to meddle in Hong Kong protests

Google has disabled 210 YouTube accounts after it said China used the video platform to sow discord among protesters in Hong Kong. The search giant, which owns YouTube, followed in the footsteps of Tw

The CareVoice raises $10 million to develop better tech for insurance providers in Asia

The CareVoice, a Shanghai-based health insurance software startup with ambitions to expand throughout Asia, announced today that it has raised about $10 million in Series A funding. The investment was
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