NewsCHINA BRIEF | ByteDance releases AI-based English learning app for kids under eightThe new app goes head-to-head with Tencent-backed edtech startup Yuanfudao. 1 min read
Sony joins Alibaba and Tencent as investors in Bilibili. NewsSony puts up USD 400 million for a 5% stake in Chinese Gen Z favorite Bilibili2 mins read
The smart microscope is the first of its kind to be allowed in clinical applications in China. NewsTencent develops AI-powered smart microscope to refine cancer diagnosis2 mins read
The VC firm distributed over USD 1 billion in cash returns to limited partners in 2019. NewsCHINA BRIEF| Qiming Venture Partners closes USD 1.1 billion fund, targeting early stage healthcare and TMT startups1 min read
The Chinese smartphone giant lost between USD 60-70 million on the foldable Huawei Mate X. NewsHuawei lost over USD 60 million on foldable phones2 mins read
Education officials and school leaders discuss security concerns associated with the videoconferencing app. NewsHong Kong government and schools in talks over Zoom security concerns after hackers invade online classes to spread explicit material4 mins read
In the first quarter of 2020, Indonesian startups in all stages of growth still managed to notch investment. NewsInvestments in Indonesian startups sustain through Q1 with mixed outlook2 mins read
City works to return foreign technical staffs to quickly restore production. NewsWuhan’s tech and auto factories up and humming as lockdown lifted2 mins read
The company has entered into collaborations with several electric car manufacturers including Nio, Enovate, and Aiways. NewsCHINA BRIEF | Solid-state battery maker ProLogium closes USD 100 million Series D round1 min read