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Tag: chinese

NIO Automobile Submits U.S. Prospectus, Looking to IPO on the NYSE

NIO Automobile submitted its prospectus to the U.S. Securities and Exchange Commission (SEC) for an IPO on the New York Stock Exchange. It...

Chinese Co-working Space Giant Ucommune Raises RMB 300 Million at $1.8 Billion Valuation

Ucommune, previously UrWork, the only Chinese unicorn in the co-working space, announced on August 14 that the company received a new round of...

How cryptocurrency brings oppression and hope to Venezuela

Image: Vicky Leta/Mashable Rob Marvin for PCMag 2018-08-13 19:32:41 UTC Follow @https://twitter.com/PCMag PCMag.com is a leading authority on technology, delivering Labs-based, independent reviews of the latest...

XPENG Motors Completes Series B+ Round, Raises RMB 4 Billion at close to 25 Billion Valuation

Chinese electric vehicle startup XPENG Motors officially announces the completion of its Series B+ round of 4 billion yuan today, with Primavera Capital...

Cryptocurrency Exchange Binance Buys Trust Wallet as its First Public Acquisition

Binance, a major cryptocurrency exchange, announced the purchase of Trust Wallet on July 31. This is Binance’s first...

Ofo and Didi Respond to Acquisition Negotiation Rumors

Ofo dispelled rumors on July 30 that its negotiation with DiDi Chuxing is soon to come to a close. SEE ALSO: Ofo Rode Out...

Ofo to Lay Off 70% of U.S. Workforce and Shut Down Operations in Multiple U.S. Cities

The Chinese bike-sharing startup ofo confirmed with Quartz that the company is laying off employees in its North American marketing, communications, and engineering...

Huawei MediaPad M5 And M5 Pro Now in Malaysia, Tablets For Gaming And Productivity

Huawei Malaysia has launched a new device in Malaysia and it’s a tablet. It may seem odd to see new Android tablets, and...

Live-Streaming Platform Inke Goes Public in Hong Kong

Inke Inc. welcomed its first trading day on July 12 on the Hong Kong Stock Exchange, starting with a 40 percent surge on...

Luckin Coffee: the Newest Unicorn after First Funding Round

Luckin Coffee announced on July 11 the completion of their Series A funding round, giving the company a valuation of $1 billion and...

XPeng Motors Responds to Employee Stealing Trade Secrets from Ex-employer Apple

XPeng responded today to the case of a former Apple employee charged with stealing trade secrets in the U.S., claiming its close attention...

TRAI and Apple at deadlocks over the anti-spam mobile app

Reading Time: 2 minutesThe rift between TRAI (Telecom Regulatory Authority of India) and Apple deepens over the development of a government anti-spam mobile...

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