1. China spends more importing semiconductors than oil

2. China’s Baidu to launch paid driverless ride-hailing services in Beijing

3. Chinese regulator may fine Tencent over $1.5b for antitrust violations

4. Chinese marketing tech startup Mobvista acquires mobile ad platform Reyun in $232m deal

5. Bilibili, others to invest $110m in HK-listed mobile game publisher CMGE Technology Group

1. After Alibaba, Chinese regulator launches anti-monopoly probe on Meituan

2. Chinese edtech firms fined for falsely priced advertisements, including GSX Techedu, Xueersi, etc

3. Alibaba’s Cainiao Launches Airline between Singapore and Hainan to Meet Growing Chinese Demand for Luxury Goods

4. Ant-backed Chinese bike-sharing giant Hello files for US IPO

1. Baidu’s Jidu Auto to invest $7.7 bln in ‘robot’ smart cars

2. Beijing-based ByteDance says it has no immediate listing plans

3. Tencent Esports Partners With Hubei Province, Results of LPL and LDL Match-Fixing Investigation Announced

4. Hong Kong fintech unicorn WeLab weighs IPO amid region’s digital finance boom

1. EVs set to take off in China as rural consumers embrace USD 4,400 model

2. ByteDance seeks to launch payments platform to take on Ant Group

3. Tencent beats Alibaba in clean energy rankings among cloud providers in China

4. Alibaba-backed edtech major Zuoyebang mulls $500m US listing

5. TikTok owner ByteDance boosts investment in Roblox-like video game platform Reworld in race with Tencent to create the metaverse

6. Alibaba’s launch of bargain marketplace Taobao Deals on Tencent’s super app WeChat hits a snag

7. Ant Group agrees to buy 5% stake in Brazil loyalty program Dotz

1. China’s market regulator investigates Alibaba-Minmetals JV

2. Meituan to raise $10b via sale of shares, convertible bonds

3. Oppo tops Huawei to regain title of China’s top phone brand

4. Chinese internet search giant Baidu to supply its Apollo self-driving system to 1 million cars in 3-5 years

5. DJI Unveils Smart Driving Solutions, Aims To Become Tier 1 Supplier To Future Smart Cars

6. Alibaba’s community group buy unit is now on WeChat

1. China’s FDI inflows surge at fastest rate in 13 years during first quarter, surpassing pre-pandemic level

2. Tencent merges video teams to draw eyeballs away from Douyin and Kuaishou

3. Carmaker Geely enters China’s packed electric-vehicle arena with the long-range Zeekr 001

4. China’s Luckin Coffee gets $240m investment from two shareholders

1. China’s big data market forecast 2021-2024; total spending to exceed US$20 bn by 2024

2. Chinese Tesla rival Xpeng Motors launches sedan with new driverless features as EV race heats up

3. Tencent Music appoints new CEO, chairman Zhu Liang

4. Chinese fitness tech startup FITURE closes $300m in its biggest funding round

1. Xiaomi, Kuaishou-backer 5Y Capital closes new USD, RMB funds at over $2b

2. China slaps Alibaba with $2.8 billion fine in anti-monopoly probe

3. China’s Didi Chuxing raising $1.5 billion in debt as it nears blockbuster IPO

4. Chinese EV battery firm CATL to shore up cobalt supply with US$137.5 million stake in China Moly mine

5. Niu to open 10,000 stores in China in next five years

1. China’s Bilibili in talks to buy Yoozoo Games’ stake in $765 million deal

2. Hello Chuxing transitions to selling intelligent e-bikes after lackluster performance in bike-sharing service

3. Chinese EV start-up Xpeng to build factory in Wuhan less than a year after putting first plant to work, as EV demand soars

4. Didi Reportedly To Manufacture Its Own Vehicles, Following Xiaomi And Baidu

5. Tencent-backed Chinese property services platform Anjuke files for HK IPO

6. Tencent co-leads funding in Yunyou Frieght

7. Alibaba Health Invests In Yingsheng Biology

8. China’s Abogen Biosciences raises $92m in Series B round

1. Nasdaq-listed Chinese travel site Trip.com files for Hong Kong secondary listing

2. Tencent-backed MissFresh is said to weigh US$500 million US IPO

3. Xiaomi’s First Car to Be Priced Between $15,000 to $46,000: CEO Lei Jun

4. Hyundai’s Luxury Vehicle Brand Genesis Celebrates Launch in China with Stunning Drone Show over Shanghai Skyline

5. Chinese IDM Startup InnoStar Semiconductor Secures $100M

1. Chinese VC firm Source Code Capital raises $1b for growth-stage investments

2. Li Ruigang, the powerful Chinese media mogul in control of TVB, plots IPO in Hong Kong, US markets for US$10 billion of assets

3. Grocery delivery app Dingdong bags USD 700 million, seeks to expand market

4. Chinese podcast giant Lizhi brings Clubhouse-like interactive audio to Tesla rival Xpeng

5. Didi to Enter Automobile Manufacturing Business

6. JD Technology Withdraws Its IPO Application to the Shanghai Stock Exchange

7. XPeng Sets New Benchmark in China’s Longest Autonomous Driving Challenge

8. Clothing SaaS vendor Ecool gains USD 15 million in strategic investment from Jushuitan

9. Taiwan-based MLOps startup InfuseAI raises $4.3M Series A led by Wistron Corporation

1. Power bank providers Soudian and Jiedian merge to amp up challenge against newly listed firm Energy Monster

2. Chinese chipset maker UNISOC nets $815m, seeks to file for STAR IPO by end-2021

3. ByteDance Said to Consider IPO for Douyin in Hong Kong or New York, Increasing Its Valuation to Nearly $400 Billion

4. Xpeng says its self-driving tech outperforms Tesla’s

5. 58.com’s used goods trading platform Zhuan Zhuan rakes in $390m