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As shared kitchens heat up, a China-based startup, Panda Selected, nabs $50 million led by Tiger Global

A few weeks ago, we told you that former Uber CEO Travis Kalanick looks to be partnering with the former COO of the bike-sharing startup Ofo, Yanqi Zhang, to bring his new L.A.-based company, CloudKit

Alibaba takes an 8% stake in Tencent-backed anime streaming site Bilibili

E-commerce giant Alibaba is continuing its push into the world of youth culture after it scooped up an 8 percent stake in anime streaming and game publishing company Bilibili. According to a securitie

Autonomous truck startup TuSimple hits unicorn status in latest round

Another autonomous-vehicle unicorn has joined the herd. TuSimple, a self-driving truck startup running daily routes for customers in Arizona, has raised $95 million in a Series D funding round led by

WeWork could challenge Starbucks in China with new on-demand service

The rise of Starbucks in China, like that in the west, is closely linked to its function as a “third space” for people to hang out between home and work. In recent years, a bevy of coffee

Meet the little-known Chinese Wi-Fi startup that rubs shoulders with WeChat and Alipay

A service that connects people to Wi-Fi hotspots for free turned out to be one of China’s most popular apps, nestling in the top ranks with Tencent’s WeChat messenger and Alibaba’s d

Tesla breaks ground on Shanghai factory which will produce Model 3 EVs for China

Tesla CEO Elon Musk has confirmed that the company’s first overseas factory in Shanghai will focus on producing Model 3 vehicles for the Chinese market only. Musk is currently in China to break

Chinese stocks plummet as Huawei CFO arrest raises trade fears

A string of Chinese stocks fell hard on Thursday after the arrest of Huawei’s chief financial officer Meng Wanzhou in Vancouver deepened concerns over U.S.-China trade tensions. The Hang Seng Ch

Meituan, China’s ‘everything app,’ walks away from bike sharing and ride hailing

A major player in the race to transport Chinese people around is losing steam. Meituan Dianping, the Tencent-backed, all-encompassing platform for local services, continues to put the brakes on bike-s

WeWork is getting serious about China

Since its entry into China in 2016, WeWork has extended from four to around 60 locations across the country’s megacities like Shanghai, Beijing and, most recently, Shenzhen. That’s one-six

Alibaba and Amazon move over, we visited JD’s connected grocery store in China

The arms race to build the future of grocery stores is heating up in China. To no one’s surprise, the main contestants are the country’s e-commerce titans Alibaba and JD.com, which are tu

Chinese WeWork rival Ucommune raises $200M to go after international growth

China’s Ucommune, the country’s largest rival to WeWork, has been on a busy acquisition spree to build out its domestic business and now it is looking at overseas opportunities after it cl

With a new deal for customers and a fresh $23 million, Mayvenn extends its hair care business

Pitching customers a new all-inclusive service for buying and installing hair, Mayvenn is looking to significantly expand its haircare business and just raised $23 million in a new round of funding to

China can apparently now identify citizens based on the way they walk

China is home to the world’s largest network of CCTV cameras — more than 170 million — and its police have adopted Google Glass-like “smart specs” to seek out suspects i

The next big restaurant chain may not own any kitchens

If investors at some of the biggest technology companies are right, the next big restaurant chain could have no kitchens of its own. These venture capitalists think the same forces that have transform

Tesla plans ‘rapid build out’ of China factory as tariffs weigh down automaker

Tesla plans to speed up construction of a factory in Shanghai as tariffs, shipping costs and missed incentives continue to drive up the price of the company’s electric vehicles and dampen demand

China’s Didi Chuxing adds more safety features following passenger murder

Didi Chuxing, China’s largest ride-hailing firm, is rolling out new security systems one month after a female customer was raped and murdered by a driver, the second such fatality on its Hitch s

Starbucks partners with Alibaba on coffee delivery to boost China business

Starbucks is palling up with Alibaba as it seeks to rediscover growth for its business in China. China has been a bright spot for some time for the U.S. coffee giant, but lately it has struggled to ma

The dramatic rise and fall of online P2P lending in China

Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. When Emily Zhang was interning with a peer-to-peer (P2P) lending firm in the Summer of 20

WeWork China raises $500M to triple the number of cities it covers

WeWork’s China business is getting a fresh injection of capital after it raised $500 million. The company entered China two years ago and today it covers Beijing, Shanghai and Chengdu with nearl

The incredible rise of Pinduoduo, China’s newest force in e-commerce

Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. From Alibaba to JD, China is not short of e-commerce powerhouses. Although the country’
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