Unicorns

Bilibili to Float in US, May Introduce Major Investor to Up Market Cap, Insider Says

Bilibili to Float in US, May Introduce Major Investor to Up Market Cap, Insider Says

Chinese video sharing site Bilibili, which is in a pre-listing quiet period, could float in the US as early as…

Jan 11, 2018
Dou Shicong
Didi, Bluegogo Deny Acquisition Rumors, Will Team Up for New Bike-Sharing Platform

Didi, Bluegogo Deny Acquisition Rumors, Will Team Up for New Bike-Sharing Platform

The partnership between the world’s largest ride-hailing platform Didi Chuxing and bike sharer Bluegogo is merely based on trust for…

Jan 9, 2018
Tang Shihua
Didi to Race Uber in Brazil After Acquiring Ride-Hailing Firm 99

Didi to Race Uber in Brazil After Acquiring Ride-Hailing Firm 99

Didi Chuxing has acquired 99 Taxis Desenvolvimento de Software Ltda., Brazil’s biggest local ride-hailing enterprise, the Beijing-based group told Yicai…

Jan 4, 2018
Qiu Zhili
Alibaba Is Said to Take Ofo Stake After Founder, Largest Investor Disagree on Merger

Alibaba Is Said to Take Ofo Stake After Founder, Largest Investor Disagree on Merger

Alibaba Group Holding Ltd. has reportedly taken a stake in Beijing Bikelock Technology Co. (Ofo) after the founder of the…

Jan 4, 2018
Tang Shihua
Didi Buys Out Bluegogo Amid Plans to Set Up Own Bike-Sharing Brand, Sources Say

Didi Buys Out Bluegogo Amid Plans to Set Up Own Bike-Sharing Brand, Sources Say

The world’s largest ride hailing firm Didi Chuxing has finalized a deal to takeover debt-laden bike sharer Bluegogo International Inc.

Jan 3, 2018
Tang Shihua
China’s Renren Buys US Haulage App on High Hopes for Unmanned Driving

China’s Renren Buys US Haulage App on High Hopes for Unmanned Driving

Chinese social network and internet finance firm Renren Inc. has bought out US-based freight company Trucker Path as it looks…

Jan 2, 2018
Xu Wei
Mobike Unveils Car-Sharing Services With New Energy Vehicles in Guizhou Province

Mobike Unveils Car-Sharing Services With New Energy Vehicles in Guizhou Province

China’s shared-bike giant Beijing Mobike Technology Co., better known as Mobike, has started trial operations for its car-sharing services in…

Dec 29, 2017
Xu Wei
China’s Bike-Sharing Titan Ofo Teams Up With State Sports Agency to Launch National Cycling Program

China’s Bike-Sharing Titan Ofo Teams Up With State Sports Agency to Launch National Cycling Program

China's bike-sharing giant Beijing Bikelock Technology Co., better known as Ofo, will work with China’s State General Administration of Sports…

Dec 27, 2017
Tang Shihua
Ex-Polestar China Head Joins Electric Car Startup NextEV as VP

Ex-Polestar China Head Joins Electric Car Startup NextEV as VP

Shen Feng, former president of the China operations of Polestar, the electric car brand of Sweden’s Volvo Car Corp., has…

Dec 26, 2017
Yang Haiyan
[Exclusive] WM Motor Technology Wraps New Financing, Joined by Tencent, State Fund

[Exclusive] WM Motor Technology Wraps New Financing, Joined by Tencent, State Fund

WM Motor Technology Co. today has closed another funding round, in which Tencent Group and state-backed China Structural Reform Fund…

Dec 22, 2017
Duan Qianqian & Xu Wei
15 Chinese Startups Joined Blessing of China's Unicorns This Year

15 Chinese Startups Joined Blessing of China's Unicorns This Year

Some 57 startup became unicorns this year, and 13 of them were from China, per PitchBook Data Inc. figures

Dec 21, 2017
Xu Wei
Didi Lands USD4 Billion for AI, Green Vehicles and Overseas Push

Didi Lands USD4 Billion for AI, Green Vehicles and Overseas Push

Didi Chuxing has secured USD4 billion in funding that will allow the world’s largest ride-hailing provider to ramp up…

Dec 21, 2017
Tang Shihua

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