MicroBT, one of China’s top cryptocurrency mining equipment manufacturers, plans another round of fundraising prior to the IPO.
Funding
Ele.me faces backlash, Luckin coup: Retailheads
Ele.me is criticized for its treatment of the family of a deliveryman who died on the job. The US may ban American investors from Alibaba and Tencent.
NYSE changes course again, to delist three Chinese telcos
The NYSE said Wednesday it will stick to its original plans to delist three Chinese telecom companies after an earlier reversal of the decision.
VC Roundup: A look at the Shenzhen VC world
Shenzhen is famous for entrepreneurship, but its VC scene doesn’t match its importance as a tech hub. Maybe there’s something to learn from it.