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Category: The Numbers

GGV Capital raises $2.5 billion as US investors chase China tech

US China investment VC

GGV Capital’s latest capital raise comes amid an uptick in inflows to VCs as investors look to profit from China’s tech growth.

US China investment VC

GGV Capital’s latest capital raise comes amid an uptick in inflows to VCs as investors look to profit from China’s tech growth.

Author Wei ShengPosted on January 29, 2021Categories ByteDance, Didi, Features, Funding, Meituan, The Numbers

VC Roundup: Chinese tech firms are betting on chips

Chinese tech giants typically focus on the consumer market. But their appetite for early stage investments in semiconductors is growing.

Chinese tech giants typically focus on the consumer market. But their appetite for early stage investments in semiconductors is growing.

Author Wei ShengPosted on January 28, 2021Categories Alibaba, Features, Funding, Huawei, Premium, Tencent, The Numbers, Xiaomi

Autonomous car startup Uisee raises $150 million from state-backed fund

self-driving cars autonomous vehicles unmanned delivery china uisee

Uisee is benefiting from investor interest in Chinese AV startups as the Covid-19 pandemic pushes unmanned transport applications.

self-driving cars autonomous vehicles unmanned delivery china uisee

Uisee is benefiting from investor interest in Chinese AV startups as the Covid-19 pandemic pushes unmanned transport applications.

Author Jill ShenPosted on January 26, 2021Categories covid-19, Funding, Mobility, News, The Numbers, Unmanned vehicles, Up and Comers

Why analysts don’t trust GMV, and why they use it anyway

Every penny a customer commits to pay on a platform is counted as part of GMV, whether or not they pay, or later get the money refunded.

Every penny a customer commits to pay on a platform is counted as part of GMV, whether or not they pay, or later get the money refunded.

Author Chris UdemansPosted on January 15, 2021Categories Alibaba, E-commerce and New Retail, Features, Premium, the big sell, The Numbers

Self-driving startup WeRide raised $200 million in Series B1

autonomous driving vehicles self-driving cars pony.ai weride waymo china us

WeRide, the first testing fully driverless cars on Chinese open roads, is also promising a fully hands-free minibus.

autonomous driving vehicles self-driving cars pony.ai weride waymo china us

WeRide, the first testing fully driverless cars on Chinese open roads, is also promising a fully hands-free minibus.

Author Jill ShenPosted on December 24, 2020Categories government, Mobility, News, The Numbers, Unmanned vehicles, Up and Comers

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