Chinese online tourism services provider Tuniu published its financial report for the third quarter ended September 30, 2020, stating that its net operating revenue was CNY123.5 million, which was about USD18.2 million, a year-on-year decrease of 85.5%…

According to reports in Chinese local media, Swire Coca-Cola and Aliyun recently reached cooperation. Based on Aliyun's data technology, central platform, AI and AIoT, Swire Coca-Cola will systematically promote the intelligentization of all links from…

JD Group recently published its performance results for the third quarter of 2020, stating that the group achieved net revenue of CNY174.2 billion, a year-on-year increase of 29.2%. Among the total net revenue, its net…
JD Net Revenue Up 29.2% In Q3 …

China Money Network's DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money each workday.
DealShot: 14 Deals Exc…

Ant Group says news of selling its 30% stake in Paytm untrue According to Reuters, Ant Group is considering selling a 30% stake in Paytm, India's largest mobile payment and commerce platform. The consideration was partly due to tightened Indian p…

The year of 2020 was difficult for everyone. Startups are particularly hit hard by the pandemic and the economic disruption. Nearly 1,000 startups collapsed in 2020, according to Chinese data tracker IT Juzi. In the first half of 2020, an average of 5 …

Chinese artificial intelligence unicorn CloudWalk Technology disclosed its listing documents on the Shanghai Stock Exchange and became another AI unicorn companies in China to seek public listing on the Science and Technology Innovation Board. The pros…