The Chinese Uber for trucks Manbang announced Tuesday that it has raised $1.7 billion in its latest funding round, two years after it hauled in $1.9 billion from investors including SoftBank Group and
Lalamove, an on-demand logistics service active in China, Southeast Asia and Latin America, has officially entered the U.S. seven years after launch. As the COVID-19 pandemic keeps millions of Americ
Xpeng, an electric vehicle startup run by former Alibaba executive He Xiaopeng, said Monday it has raised around $500 million in a Series C+ round to further develop models tailored to China’s t
Zuoyebang, a Beijing-headquartered startup that runs an online learning app, said on Monday it has raised $750 million in a new financing round as investors demonstrate their continued trust in —
There may be dark horses waiting to break out when this pandemic is over. Paraphrasing "A Tale of Two Cities," this is the worst time, but also maybe the best time.
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
Digital payments startup QFPay announced today that it has raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners. MDI Ventures (the investment arm of s
Source Code Capital, the venture capital firm that’s backed some of China’s most prominent tech unicorns and boasts a network of high-profile investors and founders, announced Monday it ha
While the public is asking, “When are we going to ride in autonomous cars?,” technology companies have been moving apace to test them on designated roads. In China’s capital city Bei
Academic exams are a big deal in China, as they determine the kind of universities, high schools and elementary schools that students get into and, to some degree, the future that awaits them. Parents
Until recently, humans have relied on the trained eyes of doctors to diagnose diseases from medical images. Beijing-based Infervision is among a handful of artificial intelligence startups around the
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
Sequoia Capital, the 46-year-old venture firm, has secured $6 billion in capital commitments for an $8 billion global fund, according to a new report in the Financial Times. The report echoes a late A