Alibaba’s Ant Financial fintech affiliate raises $14 billion to continue its global expansion

Ant Financial, the financial services affiliate connected to Alibaba which operates the Alipay mobile payment service, has confirmed that it has closed a Series C funding round...

Evernote is spinning out its Chinese business and it plans to take it public

Here’s a unique approach to Western companies doing business in China. Today, Evernote — the U.S. note-making service — span out its China-based unit into an independent entity...

Israeli autonomous technology developer Innoviz is entering China’s car market

Innoviz, a developer of light detection and ranging technologies for computer vision and autonomous vehicles, is getting a toehold in China, the world’s fastest growing auto market, through a partnership...

Indonesia’s EV Hive raises $20M for its co-working business to rival WeWork

WeWork is setting its sights on Southeast Asia, but that isn’t stopping local rivals from building up there business. In Indonesia, EV Hive — a co-working brand first started by...

Drone-delivered meals come to Shanghai, but they’re dropped off by … a human?

When city roads are busy with traffic, meal delivery services can suffer, with food arriving at customers' doors late ... and cold. A service in China has taken to using...

China’s SenseTime, the world’s highest-valued AI startup, closes $620M follow-on round

SenseTime, the world’s highest-valued AI company with a valuation of over $4.5 billion, is back in the money again. The company raised $600 million in an Alibaba-led financing round announced...

Google brings its FilesGo Android device management app to China

Google has continued its slow and steady China strategy after it launched Files Go, a files management service for Android devices. The app launched to global markets last year...

Google is quietly formulating a new strategy for China

Google is slowing piecing together a strategy for China to ensure that it doesn’t miss out on the growth of technology in the world’s largest country. It’s been months in...

Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new...

Google brings its ARCore technology to China in partnership with Xiaomi

Google is ramping up its efforts to return to China. Earlier this year, the search giant detailed plans to bring its ARCore technology — which enables augmented reality and...