Amazon China to close local marketplace and place more focus on cross-border

Amazon has finally given up the fight with Chinese online shopping giants to capture the domestic…

Starbucks challenger Luckin’s fundraising spree continues with $150M investment

Coffee startup Luckin is continuing its fundraising spree as it sets its sight on becoming an…

Dutch chipmaker NXP makes China push by backing radar company Hawkeye

Dutch chipmaker NXP Semiconductors has come a long way since Qualcomm’s outsize $44 billion to acquire…

Student sues JD.com’s billionaire CEO Richard Liu for alleged ****

A Chinese student has filed a lawsuit against JD.com founder and chief executive Richard Liu, alleging…

Alibaba will let you find restaurants and order food with voice in a car

Competition in the Chinese internet has for years been about who controls your mobile apps. These…

JD founder cautions logistics business must tighten belt

Alibaba’s arch-foe JD.com has long prided itself on owning and controlling its logistics services: couriers are…

China’s startup ecosystem is hitting back at demanding working hours

In China, the laws limit work to 44 hours a week and require overtime pay for…

Backer of Musical.ly, Grindr and Opera to invest $50M in self-driving startup Pony.ai

A games publisher in China is following the path of its larger peer Tencent to back…

China’s largest stock photo provider draws fire over use of black hole image

While the world marvels at the first black hole image ever taken, a Chinese photo-sharing community…

Didi steps up financial drive as it courts car leasing companies

Didi Chuxing is making a further push into the financial arena as it looks to diversify…