A nascent Nuro challenger from China has its sight set on the delivery market in the US and has just raised some seed funding to advance its ambitions. Whale Dynamic, […]
Beijing
Trending topics and news from the Beijing category
Back to news homeThe long haul of Microsoft’s China localization
In 2019, when LinkedIn began asking for Chinese users’ phone numbers, it was clear that the professional social network would have to follow a different set of rules in the […]
Beijing court rules bitcoin mining contract ‘void’
As crypto investors widely know, China has declared all cryptocurrency transactions illegal and outlawed crypto mining activities. Lately, a court decision further reasserted the government’s attitude to stifle any bitcoin […]
Warehouse robotics startup ForwardX raises $31M in first Series C close
ForwardX Robotics, a Beijing-headquartered company that makes autonomous mobile robots (AMR), said Tuesday it has closed the initial tranche of its Series C funding round as it looks to expand […]
Autonomous driving startup Deeproute.ai prices L4 solution at $10,000
Deeproute.ai, an autonomous vehicle startup with offices in Shenzhen and Fremont, California, unveiled an ambitious self-driving solution on Wednesday. The package, named DeepRoute-Driver 2.0, is a production-ready Level 4 system […]
At SoftBank, a reported battle over pay with COO Marcelo Claure adds to other bad news
Not for the first time, SoftBank is having a terrible, horrible, no good, very bad week. Indeed, even while the Japanese conglomerate is known for its extremes — be it […]
China’s ride-hailing giant is delisting from the New York Stock Exchange
China’s ride-hailing behemoth Didi has begun the procedure of delisting from the New York Stock Exchange and applying to list in Hong Kong instead, the company announced via a Weibo […]
Robotics startup FJDynamics raises $70M to make manual labor easier
FJDynamics, founded by DJI’s former chief scientist Wu Di, just closed a Series B round of $70 million as it advances its goal to empower workers in the harshest environment […]
Ant is changing how consumers borrow money from its app
In December 2020, Beijing laid out a guideline for Ant Group to “rectify” its business after calling off its IPO, which could have been the largest initial public offering in […]
Tencent’s foray into chips isn’t at all surprising
Tencent unveiled its progress in chips for the first time this week, which immediately gave its stock price a modest boost. Silicon seems distant from the giant’s main arenas of […]