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Latest News on China

Yahoo is leaving China's market; cites 'challenging business conditions'

Many speculate that Microsoft's Bing could be next.

Carl AdrianNov 03, 2021

China's largest food delivery company fined $533 million for 'monopolistic behavior'

China's crackdown on big technology companies continues

Alfred LeeOct 11, 2021

Ninja Van logistics now worth more than $1 billion after raising another $578 million to scale

One of Ninja Van's latest investors include China's Alibaba Group.

Kenneth HoSep 27, 2021

Sogou, China's second largest search engine, has merged with Tencent; no longer publicly listed

Tencent acquired Sogou for $3.5 billion

Carl AdrianSep 27, 2021

China is banning ALL cryptocurrency activity; considers them 'illegal'

Bitcoin's value fell by 6% at the wake of China's announcement, falling to $41,800.

Alfred LeeSep 24, 2021

China is launching a new Stock Exchange for 'Innovative SMEs'

China also aims to attract more foreign investments into local companies that go public.

Carl AdrianSep 06, 2021

J&T Express reportedly raising $1 billion from China's Tencent at a $20 billion valuation

J&T Express has grown significantly due to the rise of e-commerce.

Alfred LeeSep 01, 2021

One of the biggest startup competitions by Alibaba is back; funding and China market support for winners

Applications close on 5th September 2021

Carl AdrianAug 30, 2021

Alibaba-backed mapping app AutoNavi to incorporate other mobility services

AutoNavi is China's most popular navigation app.

Faith BaltazarJul 22, 2021

China continues aggressive clampdown on cryptocurrency mining and trading

China has shut down a slew of crypto mining centres and denied funding for businesses involved in crypto trading.

Carl AdrianJun 24, 2021

China's ride-hailing giant DiDi files to go public; made $6 billion in revenues this quarter

DiDi turned a profit this quarter.

Alfred LeeJun 11, 2021

India's Insurtech market now second largest in the world; attracting 35% of venture capital

China still leads the Insurtech market size in Asia.

Carl AdrianMay 21, 2021

China is banning companies providing cryptocurrency payments and investments

China has shut down most of the country's local exchanges too.

Carl AdrianMay 19, 2021

China's number of new investors grew in April at slowest pace in 13 mths

The number of new investors for the A-share market increased by 1.7 million in April, or 3.1% year-on-year, its slowest since March 2020.

DEALSTREETASIA.COMMay 17, 2021

Meituan lost $26 billion after CEO posted ancient poem online

Meituan has been following the footsteps of many other tech giants in China.

Alfred LeeMay 13, 2021

China Tech Digest: Baidu To Launch Robotaxi Service In May; JD Logistics’ HK IPO Approved

China Tech Digest: Baidu To Launch Robotaxi Service In May; JD Logistics' HK IPO Approved – China Money Network - China Money Network

CHINAMONEYNETWORK.COMMay 01, 2021

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