China

LIVEKINDLY screams its way to the top of new plant brands with the close of a $335 million round

LIVEKINDLY Collective, the shouty parent company behind a family of plant-based food brands, has snagged cash from the global impact investing arm of $103 billion investment firm TPG to close its late

DiDi Chuxing expands to South Africa, to take on Bolt and Uber

Chinese ride-hailing company DiDi Chuxing has started operations in South Africa today, according to Reuters. Founded in 2012, the Beijing based company operates in more than 400 cities in China. It c

What Silicon Valley could learn from China’s Q&A platform Zhihu

China’s largest question and answer platform, Zhihu, began trading in New York at $9.50 per share at the lower end of its IPO range, valuing the company at about $5.3 billion. The aggregate offe

TuSimple’s IPO filing reveals roadblocks for self-driving startups with Chinese ties

While the governments of the United States and China are pushing policies for technological decoupling, private tech firms continue to tap resources from both sides. In the field of autonomous vehicle

H&M removed from Chinese apps over Xinjiang cotton boycott

H&M has been removed by major e-commerce and service apps in China after a Communist Party organization barraged it for a statement expressing “deep concern” over allegations of forced

Facebook caught Chinese hackers using fake personas to target Uyghurs abroad

Facebook on Wednesday announced new actions to disrupt a network of China-based hackers leveraging the platform to compromise targets in the Uyghur community. The group, known to security researchers

Eat Just (the alt-protein company formerly known as Hampton Creek) has raised another $200 million

Eat Just, the purveyor of eggless eggs and mayonnaise and the first government-approved vendor of lab-grown chicken, has raised $200 million in a new round of funding, the company said. The funding wa

China to ban apps from collecting excessive user data starting May 1

Starting May 1, apps in China can no longer force users into providing excessive personal data, according to a document jointly released by a group of the country’s top regulators (the Cyberspac

Tencent Music now has joint labels with all ‘big three’ record labels

The music streaming arm of Tencent is further tightening its ties with the “big three” record label companies, its major licensing partners. Tencent Music Entertainment announced Tuesday t

Betting on China’s driverless future, Toyota, Bosch, Daimler jump on board Momenta’s $500M round

Across the street from Suzhou North, a high-speed railway station in a historic city near Shanghai, a futuristic M-shaped building easily catches the eye of anyone passing by. It houses the headquarte

Pinduoduo steals Alibaba’s crown with 788M annual active users

For the first time, Pinduoduo has surpassed Alibaba in annual active users, marking the Chinese e-commerce upstart’s meteoric rise over the course of five years. The milestone also indicates Pin

Investors Clara Brenner, Quin Garcia and Rachel Holt are coming to TC Sessions: Mobility 2021

The transportation industry is abuzz with upstarts, legacy automakers, suppliers and tech companies working on automated vehicle technology, digital platforms, electrification and robotics. Then there

Rising encrypted app Signal is down in China

Chinese users of the instant messenger Signal knew that the good times wouldn’t last long. The app, which is used for encrypted conversations, is unavailable in mainland China as of the morning

Volkswagen will bring 240 gigawatt hours of battery production capacity to Europe by 2030

Volkswagen AG is gearing up to seize the top spot as the world’s largest electric vehicle manufacturer with plans announced Monday to have six 40 gigawatt hour (GWh) battery cell production plants i

The Roblox final fantasy

Hello friends, and welcome to Week in Review. Last week, I talked a bit about NFTs and their impact on artists. If you’re inundated with NFT talk just take one quick look at this story I wrote t

How ByteDance plans to crack the gaming industry

For the last few years, ByteDance, the parent company of short video app TikTok, has been working to diversify its revenue streams beyond advertisement and find more ways to monetize its hundreds of m

America’s small businesses face the brunt of China’s Exchange server hacks

As the U.S. reportedly readies for retaliation against Russia for hacking into some of the government’s most sensitive federal networks, the U.S. is facing another old adversary in cyberspace: C

Cheese raises $3.6M for its digital bank aimed at the Asian-American community

Many things have accelerated in the world of fintech over the past year, not the least of which is the trend of digital banks aimed at specific communities in the U.S. In the past few months alone, a

Former head of the World Resources Institute has a new role leading Bezos’ $10 billion Earth Fund

The $10 billion Bezos Earth Fund has a new chief executive and it’s Andrew Steer, the former head of the World Resources Institute — an organization that Bezos described as “working

Two European companies are mapping a future service for direct air capture to sequestration of CO2

The Swiss-based, venture capital-backed, direct air capture technology developer Climeworks is partnering with a joint venture between the government of Norway and massive European energy companies to
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