Kai-Fu Lee’s Sinovation Ventures has its eyes on a niche market targeting software developers. In April, the venture capital fund led a $10 million angel round in Jingling, a Chinese startup dev
For years, founders and investors in China had little interest in open-source software because it did not seem like the most viable business model. Zilliz‘s latest financing round shows that att
With thousands of gyms across the country forced to close during the pandemic, there’s been an unprecedented opportunity for fitness companies pitching an at-home solution. This moment has prope
Four years after its foray into the Chinese market, followed by rapid and cash-hemorrhaging expansion, WeWork decided to wind down its involvement in the country. WeWork’s Chinese unit has secur