Unicorns

Didi Faces Security Challenges After Murder of 21-Year-Old Flight Attendant

Didi Faces Security Challenges After Murder of 21-Year-Old Flight Attendant

The murder of a 21-year-old passenger while using DiDi Chuxing Technology Co.’s social ride-hitching service DiDi Hitch service has raised…

May 11, 2018
Zhao Chenting
Jigang Group Partners Shouqi to Improve Ride-Hailing in Hometown Jinan

Jigang Group Partners Shouqi to Improve Ride-Hailing in Hometown Jinan

Jigang Group Co., a steelmaker which set up a taxi firm in March, has partnered transport conglomerate Beijing Shouqi Group…

May 9, 2018
Dou Shicong
Microchip Technology Still Awaits China’s Approval of Its USD8.3 Bln Acquisition Bid for Microsemi

Microchip Technology Still Awaits China’s Approval of Its USD8.3 Bln Acquisition Bid for Microsemi

China has not yet approved Microchip Technology Inc.’s bid to acquire Microsemi Corp., said the US manufacturer of microcontroller, memory…

May 8, 2018
Xu Wei
Qualcomm Gets Go-Ahead for China Chipset JV

Qualcomm Gets Go-Ahead for China Chipset JV

Chinese antitrust authorities have given the go-ahead to Qualcomm Inc. to press ahead with plans to form a joint venture in the country for the design of smartphone chipsets.

May 7, 2018
Xu Wei
China’s Nasdaq Has Bred 28 New Economy Unicorns in Switch to Tech Growth

China’s Nasdaq Has Bred 28 New Economy Unicorns in Switch to Tech Growth

Twenty eight Chinese new economy companies listed on the country’s Nasdaq-style New Third Board meet the USD1 billion valuation required…

May 4, 2018
Zhou Hongda
Boai NKY Pharma to Buy Into Cellular Immunotherapy Technology Unicorn

Boai NKY Pharma to Buy Into Cellular Immunotherapy Technology Unicorn

Boai NKY Pharmaceuticals Ltd. will acquire shares offered by a cellular immunotherapy cancer treatment technology development company via a subsidiary…

May 3, 2018
Tang Shihua
Tencent Heads UBTech Robotics’ Latest Funding as Valuation Jumps to USD5 Billion

Tencent Heads UBTech Robotics’ Latest Funding as Valuation Jumps to USD5 Billion

Tencent Holdings Ltd. has again put its financial clout behind UBTech Robotics Corp., one of China’s top artificial intelligence…

May 3, 2018
Xu Wei
WuXi AppTec Unit to Pump USD391 Million Into First Overseas Production Base

WuXi AppTec Unit to Pump USD391 Million Into First Overseas Production Base

A listed unit under leading biotech firm WuXi AppTec Co. plans to invest EUR325 million (USD391 million) over the next…

May 3, 2018
Wang Yue & Xu Yuyao
First Day Attendance at Douyu Exhibition Tops ChinaJoy’s Single Day Turnout Record

First Day Attendance at Douyu Exhibition Tops ChinaJoy’s Single Day Turnout Record

First Day Attendance at Douyu Exhibition Tops ChinaJoy’s Single Day Turnout Record. Wuhan Douyu Network Technology Co., the firm behind…

May 2, 2018
Dou Shicong
Time Is Not Ripe to Commercialize Short-Videos, NetEase Executive Says

Time Is Not Ripe to Commercialize Short-Videos, NetEase Executive Says

Time Is Not Ripe to Commercialize Short-Videos, NetEase Executive Says. The present is an inopportune time to commercialize short-videos, said…

May 2, 2018
Tang Shihua
Didi Confirms Volkswagen Support in Fleet Management

Didi Confirms Volkswagen Support in Fleet Management

Didi Chuxing Technology Co., the firm behind the world’s largest ride-hailing operator, has confirmed speculation that it will partner…

May 1, 2018
Xu Wei
Ant Financial Signs Deal with bKash to Bring China’s Mature Mobile Payment Technology to Bangladesh

Ant Financial Signs Deal with bKash to Bring China’s Mature Mobile Payment Technology to Bangladesh

Alibaba affiliate Ant Financial Services Group, which runs popular payments service Alipay, and Bangladesh’s mobile payments company bKash, which operates…

Apr 27, 2018
Xu Wei

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