BATX

HNA backed Deer Jet joins hands with flight management app

Travel app Hangkong Guanjia works with Asia's largest business jet company for "jet-pooling" services.

20 investors inject USD 1.2 B in Le Sports’ Series B financing

LeEco’s subsidiary Le Sports announced on Tuesday that it completed Series B financing, landing RMB eight billion (USD 1.2 billion) in total and pushing...

Alibaba and LeEco announce strategic cooperation

LeEco products will be sold on Tmall, and the two companies will link their offline sales points.

SAIC and Alibaba to launch an “Internet car” at Auto China 2016

SAIC and Alibaba Group have jointly-built an "Internet car". The Roewe RX5 will debut at Auto China 2016.

Start-up

Health management app receives USD 15 M to expand its user base

More provides individualized services to users using big data analysis.

Live video education site gets funded by 2 US-listed companies

Chinese live video education website EEO has received strategic investment from two US-listed education companies.

E-commerce platform for mothers raises USD tens of millions

Davdian.com combines an e-commerce platform with community services to provide more services for mothers.

This experience sharing app connects mentees with industry experts

Zaihang offers one-on-one mentoring sessions, gathering experts to share their knowledge and experience with mentees.

Gadgets

Chinese smartphone maker Meizu unveils flagship PRO 6 smartphone

Pre-orders for Meizu's PRO 6 have begun with the 5.2-inch smartphone officially going on sale on April 23.

VR camera maker Insta360 lands Series B financing led by Xunlei

Insta360 completes a new round of investment, due in part to its VR panoramic camera technology and the hot trend of VR applications in China.

HTC Vive China head: Goldman Sachs has underestimated VR

The fast-growing VR market in China is heating up and attracting foreign players to compete in the field.

AI-based health data platform iCarbonX lands over USD 100 M

iCarbonX is a health data platform that uses artificial intelligence technology to process data for health management purposes.

Trending

4 hot topics on Chinese social media this week

Highlights on social media of the week: a woman nearly got abducted by a man in a hotel under the watch of surveillance cameras and bystanders.

How China’s new tariff rules will impact e-commerce business

China has implemented a new tax policy starting April 8th, which may bring a drastic change to the e-commerce market in the coming months.

4 hot topics on Chinese social media this week

Highlights on social media of the week: a physics teacher earned RMB 18,842 (USD 2,915) an hour working as an online tutor.

Harder for overseas-listed tech companies to list in China now?

No mention of a new Shanghai Stock Exchange board in China's latest five-year plan might be bad news for overseas-listed Chinese companies seeking to list at home.

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Video media platform Baofeng acquires 3 companies with USD 476 M

After this acquisition, Baofeng will enter film and television, gaming and overseas business as part of its data technology-based entertainment strategy.