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The Numbers

ByteDance Didi Features Funding Meituan 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.

Posted on January 29, 2021 Author Wei Sheng Comments Off on GGV Capital raises $2.5 billion as US investors chase China tech
Alibaba Features Funding Huawei Premium Tencent The Numbers Xiaomi

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.

Posted on January 28, 2021 Author Wei Sheng Comments Off on VC Roundup: Chinese tech firms are betting on chips
covid-19 Funding Mobility News The Numbers Unmanned vehicles Up and Comers

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

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

Posted on January 26, 2021 Author Jill Shen Comments Off on Autonomous car startup Uisee raises $150 million from state-backed fund
Alibaba E-commerce and New Retail Features Premium the big sell The Numbers

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.

Posted on January 15, 2021 Author Chris Udemans Comments Off on Why analysts don’t trust GMV, and why they use it anyway
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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.

Posted on December 24, 2020 Author Jill Shen Comments Off on Self-driving startup WeRide raised $200 million in Series B1
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