Investors are valuing the startup at $4.8 billion as it is about to close another funding round, according to two people familiar with the matter.
Tagged By blockchain
China’s record imports and the shift from trade surplus to industrial gravity
In 2025, China’s imports hit a record value of 18.48 trillion yuan. For decades, the orthodox view of the Chinese economy focused almost exclusively on its export prowess. However, the granular …
Jio beats China Unicom 5G users
Reliance Jio’s 5G subscriber base increased nearly 50 per cent year-on-year to 253 million at end-2025, putting it ahead of China Unicom.
Jio 5G beats China Unicom 5G users
Reliance Jio’s 5G subscriber base increased nearly 50 per cent year-on-year to 253 million at end-2025, putting it ahead of China Unicom.
What’s Going On With Alibaba Shares Wednesday?
Alibaba Group Holding Limited (NYSE:BABA) shares are trading higher Wednesday after reports indicating the company secured China Unicom as a major client for its artificial intelligence (AI) chips.
CQQQ: The China Tech Bet
Invesco China Technology ETF (CQQQ) offers targeted exposure to China’s large- and mid-cap technology sector, tracking the FTSE China Incl A 25% Technology Capped index. I recommend a tactical buy for …
Real Estate Crash Weighs on China’s Economic Growth
Falling apartment prices have erased the savings of millions of Chinese households, but exports lifted the economy to 5 percent growth last year.
China’s economy grows 5% in 2025, buoyed by strong exports despite Trump’s tariffs
China’s leaders have been trying to spur faster growth after a slump in the property market and disruptions from the pandemic rippled through the economy. As expected, annual growth last year was in …
China’s cosmetics brands, stepping out of K-beauty’s shadow, set sights on global markets
Once the top export market for South Korean cosmetics, Chinese firms lead at home and have made headway overseas – but gaps remain.
China’s Nvidia-like Moore Threads set for trading debut after $1.1 billion IPO
SHANGHAI/BEIJING, Dec 5 (Reuters) – Moore Threads Technology Co, dubbed by analysts as “China’s Nvidia”, is expected to make a strong market debut in Shanghai on Friday, on bets that the …
China’s future fighter jets might power themselves using 6G radar energy
Instead of just hiding from radar, China’s future jets might have a surprising way to use those signals to their advantage. See the tech behind this breakthrough …
China’s drug and medical device sector emerges as new engine of economic growth
China’s pharmaceutical industry surges on ageing demand and global expansion, with revenue forecast to top US$2.1 trillion by 2030.
China accuses Nvidia of violating antimonopoly laws
China’s market regulator on Monday accused Nvidia of violating Chinese antimonopoly laws and said it would continue investigating the leading U.S. chipmaker. The State Administration for Market …