Rita Liao
Amber Group, a Sequoia- and Temasek-backed crypto trading firm, has closed a hefty $300 million Series C funding round as the collapse of FTX shakes the crypto world.
The news, which the Singapore-based firm announced on Twitter Friday morning, follows on the heels of a Bloomberg report claiming that...
China’s abrupt easing of its zero-COVID policy last week has led to a spike in cases and rising fears of the virus. Over the last three years, the authority has used big data to monitor the movement of people and thus control the spread of the virus. Now...
Tom Zhu, Tesla’s China president who oversaw Gigafactory Shanghai’s transformation into the world’s largest EV plant, has been appointed to run the new Gigafactory in Austin, Texas, Bloomberg reported earlier this week. That would make the China chief, who joined Tesla China in April 2014, one of the...
Shein, the world’s largest fashion ecommerce site, has taken significant steps to ramp up its environmental, social, and governance — or ESG — efforts. But responsible fast fashion sounds like an oxymoron. How can clothes be so cheap, if their designers don’t copy luxury brands and if the...
Shein, the ultra-fast fashion giant that’s taken the globe by storm, has brought on another heavyweight executive to help steer its ship. It lately onboarded Jessica Liu, former co-president at the Southeast Asian ecommerce giant Lazada, as its vice president of global brand operations.
Liu will be responsible for...
Binance’s sprawling empire is about to get bigger as it eyes expansion in Japan. The world’s largest crypto trading platform has acquired 100% of Sakura Exchange BitCoin for an undisclosed amount, a registered crypto exchange in Japan, the company said Wednesday.
The announcement followed closely on the heels of...
Twitter saw a surge in downloads in China as protests against the country’s stringent COVID restrictions erupted nationwide over the last few days.
The social media app ranked 9th amongst all the free iOS apps in China on November 29, up from 150th a week ago, according to app...
At a time when China’s zero-COVID policy continues to interrupt offline work and face-to-face interactions, Dominic Penaloza, the former head of innovation and technology at WeWork China, is introducing a bold idea — on-demand work booths placed in public locations — and has managed to quickly raise capital...
While hydrogen is still relatively niched as a fuel for electric vehicles, a startup in China is jumping ahead to embrace it for autonomous driving scenarios.
WeRide, one of the most funded robotaxi operators in China with investors including Renault-Nissan-Mitsubishi Alliance, said Tuesday it is joining hands with Hyundai...
In the midst of the pandemic, Pantheon Design, a maker of industrial 3D printers from Vancouver, BC, suddenly found itself getting orders from factories in the Midwest, the center of heavy industries. The reason? These manufacturers were having a hard time getting parts out of China as COVID-19...
