Unicorns

Toutiao Extends Live-Streaming Push With VR Tech Acquisition

Toutiao Extends Live-Streaming Push With VR Tech Acquisition

A unit under Beijing Bytedance Technology Co., which runs Chinese news aggregator Toutiao, has taken over as the sole investor…

Feb 28, 2018
Dou Shicong
Toutiao Sues Sogou for Unfair Competition Over Online Quiz Show

Toutiao Sues Sogou for Unfair Competition Over Online Quiz Show

Chinese news aggregation giant Toutiao is suing internet service firm Sogou Inc. over the release of trivia assistant software, which…

Feb 23, 2018
Dou Shicong
Mobike Updates Rider-Scoring System After Feedback From Beijing Court

Mobike Updates Rider-Scoring System After Feedback From Beijing Court

Bike-sharing giant Mobike has updated its user-scoring system, which determines how much riders pay for its services, under the…

Feb 23, 2018
Dou Shicong
Didi Partner to Set Up Cab-Charging Joint Venture Amid Market Expansion

Didi Partner to Set Up Cab-Charging Joint Venture Amid Market Expansion

Qingdao Teld New Energy Co., which offers charging services to drivers for the world’s largest ride-hailing platform Didi Chuxing, will…

Feb 22, 2018
Tang Shihua
WeWork Looks to Fortify China Presence by Expanding Into New Cities

WeWork Looks to Fortify China Presence by Expanding Into New Cities

Workspace-sharing giant WeWork Companies Inc. is amping up its presence in China and plans to enter new cities after opening its first location in the country around 18 months ago.

Feb 14, 2018
Chen Shuzhen
Didi Partners Softbank to Drive Ride-Hailing Program in Japan

Didi Partners Softbank to Drive Ride-Hailing Program in Japan

The world’s largest ride-hailing firm Didi Chuxing Technology Co. has founded a joint venture with Japanese telecoms firm SoftBank Group…

Feb 9, 2018
Xu Wei
Search Engine Sogou Aims to Pilfer 2-3% of Baidu Market Share Each Year, CEO Says

Search Engine Sogou Aims to Pilfer 2-3% of Baidu Market Share Each Year, CEO Says

Sogou Inc., the search engine arm of internet firm Sohu Inc. aims to filch two to three percent of China’s search market from Baidu Inc. annually.

Feb 1, 2018
Liu Jia
Didi Chuxing Rolls Out Its Shared Bikes in More Chinese Cities

Didi Chuxing Rolls Out Its Shared Bikes in More Chinese Cities

Ride-hailing juggernaut Didi Chuxing Technology Co. has debuted Qingju, its own branded bike-sharing service, in Dongguan and Foshan in Southeast…

Jan 31, 2018
Tang Shihua
Kingsoft Cloud Closes USD720 Million D-Round After Last-Minute Booster

Kingsoft Cloud Closes USD720 Million D-Round After Last-Minute Booster

Chinese online service provider Kingsoft Cloud Network Technology Co. has secured USD720 million in its D-round funding after a last-minute USD200-million injection.

Jan 30, 2018
Tang Shihua
Didi Chuxing Sets Up AI Labs to Develop Intelligent Transportation

Didi Chuxing Sets Up AI Labs to Develop Intelligent Transportation

China’s ride-hailing giant Didi Chuxing has opened an artificial intelligence lab in Beijing in a move to step up research…

Jan 27, 2018
Dou Shicong
Kuaishou Bags USD1 Billion Funding Round to Expand Video Empire Overseas

Kuaishou Bags USD1 Billion Funding Round to Expand Video Empire Overseas

Short video platform Kuaishou is on the brink of closing a USD1 billion funding deal to make waves abroad with backing from internet titan Tencent Holdings Ltd.

Jan 26, 2018
Dou Shicong

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