legend capital

China’s Zhiyi Tech raises $100M to help fashion brands predict bestsellers

In China, livestreaming promotion is emerging as a popular way for brands and influencers to reach consumers, challenging the traditional e-commerce model where users browse static pictures, read revi

Eswin raises $283M to boost chip production in China

Beijing Eswin Computing Technology, a Chinese startup that supplies semiconductor designs and solutions, has raised $283 million in a new financing round at a time when the world’s most populous nat

Hyundai is launching BotRide, a robotaxi service in California with Pony.ai and Via

A fleet of electric, autonomous Hyundai Kona crossovers — equipped with a self-driving system from Chinese autonomous startup Pony.ai and Via’s ride-hailing platform, will start shuttling cust

Joy Capital closes $700M for early-stage investments in China

Joy Capital, the venture capital firm that has backed Luckin, NIO, Mobike and other investor darlings in China, just raised $700 million for a new fund focusing on early to growth-stage startups. Laun

China startup deals shrink as fundraising for investors plummets

Chinese startups continue to weather tough times as private investors, caught in a cash crunch, are concentrating money into fewer deals. China’s deal-making activity for startups in the six mon

China’s fast-growing Starbucks competitor Luckin Coffee just filed to go public on the Nasdaq

China’s Luckin Coffee has registered plans with the SEC to go public on the Nasdaq, setting a placeholder amount of $100 million, shows its filing. The development comes less than a week after the 1

China is funding the future of American biotech

Silicon Valley is in the midst of a health craze, and it is being driven by “Eastern” medicine. It’s been a record year for US medical investing, but investors in Beijing and Shangha

Upstarts emerge to chase Tesla’s lead in electric vehicles

A slew of well-funded new entrants backed by massive amounts of capital are chasing Tesla’s lead in an effort to power the next generation of the electric vehicle industry. Electric vehicle star

Tencent leads $50M investment in NewsDog, an app vying to be India’s Toutiao

The growth of China’s Bytedance, an ambitious $30 billion tech firm, and its highly addictive Toutiao news aggregator app has set off a search for services with similar growth potential across t

Gfresh raises $20 million to transform the way seafood is bought and sold

Seafood consumption is soaring in China, along with increases in average disposable income there. But live, edible fish and shellfish are challenging to buy, sell and transport across borders within a

Baidu’s Student Q&A App Zuoyebang Lands Investment From Sequoia and Legend Capital

Baidu, China's largest search engine and an investor in Uber, is giving its Zuoyebang 'after school' service, which helps school students with their studies, wings of its own after it revealed that th