1. As China plans new rules, global automakers move to store car data locally

2. China hands Alibaba-backed Nice Tuan new 1.5 mln yuan fine

3. Li Auto delivers 12,579 EVs in Q1, tops earnings estimates

4. Pinduoduo signals interest in developing new logistics system after generating 33% of all parcels in China

5. Tencent-backed data management firm Xuncetech bags $110m from Goldman, others

6. Female low-alcohol drink brand MissBerry closed Series A+

1. JD.com, Meituan and Neolix to test autonomous deliveries on Beijing public roads

2. China’s Yingke PE closes third USD fund to back global biomedicine startups

3. Chinese smart logistics platform YunQuNa enters unicorn club post $100m round

4. Health management app Boohee Health 薄荷健康 closed Series D

5. Tesla sets up China site to store car data locally

1. China’s Eminence closes USD Fund II at $120m to focus on enterprise software

2. Kuaishou reports a 37% jump in quarterly revenue

3. Tencent-backed Chinese jobs portal Boss Zhipin files for US listing

4. Fitness mobile app Keep Plans $500M U.S. IPO

5. Chinese trucking platform For-U nets $200m in Series E round ahead of US IPO

6. Pet food company 宠幸 Chongxing raised nearly 400 million RMB in Series B+

1. China says ByteDance, Baidu, Microsoft improperly collected user data

2. Tencent posts a $5b profit for Q1 2021, boosted by demand for video games

3. Chinese Home Appliances Giant Midea to Mass Produce Parts for New Energy Vehicles

4. SoftBank-backed Chinese edtech startup Zhangmen files for listing in the US

5. IoT big data platform 涛思数据 TAOS Data raised 47million USD in Series B

6. Chinese startup Pony.ai can now test driverless vehicles in three California cities

1. The pet economy market in China will reach 44.56million RMB in 2023, according to iResearch

2. ByteDance co-founder Zhang Yiming to step down as CEO

3. Upmarket Car Brand Co-created By Changan And Huawei Will Be Launched This Month

4. Chinese semiconductor firm AkroStar raises over $78m led by Gaorong Capital

5. India emerges as the second largest insurance technology market in Asia Pacific

1. China’s Zhurong 祝融 Rover Lands on Mars

2. China’s number of new investors grew in April at slowest pace in 13mths

3. China’s BYD Plans To Spin Off And List Semiconductor Unit

4. Chinese electric car company Xpeng predicts chip shortage will last another quarter

5. Bilibili posts slower revenue growth amid widening losses

6. Carbon emissions management startup Carbonstop secures RMB 50 million funding

1. Alibaba posts first operating loss as a public company following $2.8 billion antitrust fine

2. JD Logistics readies Hong Kong IPO targeting up to US$3.9 billion

3. Chinese spicy snack maker Weilong files for Hong Kong IPO

4. Amid NFT frenzy, HK-based Animoca Brands nets $89m to enter unicorn club

5. Xbox teams up with Tencent’s Honor of Kings maker TiMi Studios

1. Alibaba posts first operating loss as a public company following $2.8 billion antitrust fine

2. JD Logistics readies Hong Kong IPO targeting up to US$3.9 billion

3. Chinese spicy snack maker Weilong files for Hong Kong IPO

1. China tech crackdown turns to food delivery giant Meituan as $38.96 billion is wiped off value

2. Carmaker BYD to list semiconductor unit on ChiNext board

3. Chinese Cybersecurity Giant 360 to Cooperate with NETA Auto to Make Electric Cars

4. China’s autonomous driving company WeRide secures more funding, pushing valuation to $3.3 billion

5. Chinese plant-based meat startup Youkuai Group International bags $7.3m to drive its ‘Tesla of food’ dream

1. Xiaomi Ranks 4th in BrandZ Top 50 Global Brands, OPPO Follows in 6th Place

2. Geely set up an NEV company in Sichuan

3. Grocery delivery startup Dingdong maicai announced that they closed Series D+ of 330 million USD, led by Softbank Vision fund

4. China’s ‘Uber for trucks’ Manbang could file for $30 billion U.S. IPO as early as this week

5. Flipkart in talks to raise $1 billion ahead of IPO

1. China fines edtech firms Zuoyebang and Yuanfudao backed by Alibaba, Tencent for anti-competition violations

2. Social app Soul prepares for IPO on NASDAQ, with 498 million RMB in revenue in 2020

3. Insurtech startup Yuanbao scores USD 155 million to catch up with newly listed Waterdrop

4. Chinese Lifestyle Brand Platform Onion Global Debuts on NYSE

1. Alibaba’s Cainiao Aims to Launch Over 800 Cargo Flights between Hainan and Rest of World

2. VIPKid Considers A $500 Million U.S. IPO

3. Sequoia-backed gym chain Supermonkey close to unicorn status post Series E round

4. SoftBank leads $15M round for China’s industrial robot maker Youibot

5. Tencent-backed online insurance technology firm Waterdrop slumps in NYSE debut

6. Alibaba-backed Chinese cloud startup Qiniu files for $100m listing in the US