Chinese online stock brokerage Tiger Brokers, a company backed by Chinese smartphone manufacturer Xiaomi, is planning a U.S. initial public offering (IPO) that could raise about U$200 million, according to Bloomberg citing people with knowledge of the ……

Chinese fintech firm 360 Finance, a spin-off from the country’s security products provider Qihoo Technology, has filed an application with the US Securities and Exchange Commission (SEC) to raise up to US$200 million in an initial public offering……

YunZhangFang.com, a corporate finance and tax management software-as-a-service (SaaS) provider, today announced that it has raised RMB300 million (US$43 million) in series C round of financing led by Hillhouse Capital. The latest round of financing has……

Chinese internet giant Tencent has joined hands with supermarket chain operators ParknShop and Yonghui Superstores to form a joint venture, a move to tap into the country’s vast and evolving offline retail market.  The joint venture, namely Parkn……

Chinese ByteDance-owned news aggregation platform Jinri Toutiao (Toutiao) has reportedly launched a social commerce mobile app to challenge US$3 billion-worth Xiaohongshu platform. The mobile app was launched in October under the name of “Xincao”. It h……

Chinese e-commerce giant Alibaba Group Holding Limited said today it is merging its food delivery unit Ele.me and in-store consumption, to compete with Meituan Dianping for dominance in China’s growing on-demand services market. Alibaba will set ……

Huawei Technologies Co., Ltd., world’s largest telecom-equipment maker, unveiled two new artificial intelligence (AI) chips on Wednesday that will power its servers and boost its nascent cloud-computing business. The two chipsets, namely Ascend 9……

Investment management firm Baillie Gifford & Co., the second largest investor in Tesla, has taken an 11.44% stake in Chinese electric vehicle automaker NIO, according to a regulatory filing on Tuesday. The U.K.-based Baillie Gifford disclosed that ……

Chinese internet giant Tencent Holdings Limited and global investment firm KKR & Co Inc are acquiring a minority stake in the financial technology arm of Philippines’ PLDT Inc, Voyager Innovations, for a total of US$175 million-worth new shar……

Chinese low-cost and variety store chain MINISO announced that it has entered into a RMB1 billion (US$145 million) strategic investment agreement with the country’s internet giant Tencent Holdings Limited and investment management firm Hillhouse ……