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Archive Tag: china

China roundup: Beijing wants tech giants to shoulder more social responsibilities

Hello and welcome back to TechCrunch’s China roundup, a grasp of recent events shaping the Chinese tech landscape and what they mean to parties in the rest of the world. This week, the gaming industry again became a target of Beijing, which imposes arguably the world’s strictest limits on underage actors. On the other hand, […]

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Geely’s ride-hailing unit Cao Cao Mobility raises $589M Series B to upgrade tech and expand fleet

Cao Cao Mobility, the ride-hailing unit of Chinese automaker Geely Automobile Holdings, has announced a $589 million( RMB 3.8 billion) Series B raise that the company says will help it upgrade its engineering and expand its fleet, distributed according to a statement released by the company( in Chinese ). The raise, which Cao Cao announced […]

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Tencent’s WeChat said on Tuesday it is temporarily suspending registration of new consumers in China as it works to comply with ” relevant laws and regulations ,” the latest Chinese firm to face regulatory scrutiny in the world’s largest internet market. In a social media affix, Tencent said it is ” upgrade ” its security […]

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Extra Crunch roundup: Finding GTM, China’s edtech clampdown and how to define growth

Early-stage startups tend to claim that their go-to-market programme is fully operational. In reality, GTM is a stark numbers game, and even with a solid program in place, it can be easily foiled by common questions like territory combats and poverty-stricken communication. Finding GTM fit is a milestone for any startup that includes everything from […]

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Apple to drive China revenues with search ad launch

After launching five years ago in the United Position, Apple’s search advertising service eventually arrived in mainland China this week. The feature, announced Apple Search Ads, tells makes entreat on an advertising slot based on users’ keyword search in the App Store, similar to how Google search ads act. JPMorgan previously reckoned the giant’s annual […]

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VividQ, which has raised $15M, says it can turn normal screens into holographic displays

VividQ, a UK-based deeptech startup with technology for return holograms on bequest screens, has raised $ 15 million to develop its technology for next-generation digital exposes and machines. And it’s already liner up manufacturing marriages in the US, China and Japan to do it. The funding round, a Seed extension round, was led by UTokyo […]

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Xbox teams up with Tencent’s Honor of Kings maker TiMi Studios

TiMi Studios, one of the world’s most lucrative game makers and is part of Tencent’s gargantuan digital entertainment empire, said Thursday that it has impres a strategic partnership with Xbox. The succinct announcement did not mention whether the tie-up is for content development or Xbox’s console dispensation in China but said more details will be […]

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SoftBank leads $15M round for China’s industrial robot maker Youibot

SoftBank has picked its gambling in China’s flourishing industrial robotics opening. Youibot, a four-year-old startup that makes autonomous mobile robots for a variety of situations, said here today has notched close to 100 million yuan ($ 15.47 million) in its latest funding round led by SoftBank Ventures Asia, the Seoul-based early-stage arm of the world […]

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Less than 24 hours to save $100 to TC Sessions: Mobility 2021

Calling all frazzled procrastinators, feet-draggers, lollygaggers and last-minute decision makers. The best price on extends to TC Sessions: Mobility 2021, which makes place on June 9, disappears in mere hours. It’s now o’clock, baby. Shift your EV into gear, herald a robotaxi or tell Mr. Scott to beam you up — whatever it takes to […]

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Huawei is not a carmaker. It wants to be the Bosch of China

One after another, Chinese tech monsters have announced their plans for the vehicle space over the last few months. Some internet firms, like search engine provider Baidu, decided to recruit help from a traditional carmaker to produce autoes. Xiaomi, which utters its own smartphones but has stressed for years it’s a light-asset firm making money […]

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