China’s startups
November 2021 saw China’s tech startup news coverage span fields and subject areas including: growing moves into electric vehicles, and the battery systems underpinning them; Little Red Book’s $500M funding round; Binance’s moves in blockchain-based verification of education certificates; the continuing development of China’s robotaxi and autonomous vehicles space; and many more.
If you’d rather get China’s tech news on a day-by-day basis, follow Startup News Asia on social media, or get the mobile app.
You can also get updates on China’s tech news in our email newsletter or Medium posts (10 selected news items from across Asia in each edition) – or you can get a quick, visual snapshot of recent tech news on our Instagram channel.
KPMG: Venture Pulse Q4 2021 (pdf)
- China: Huice raises $312M with SaaS solutions enabling smart retail in round led by SoftBank Vision Fund 2
- China: Tech giants sign ‘Digital Culture and Creative Industries Self-Regulation Convention’, 11 tenets that adhere to Communist Party gov’t technology controls
- China: A brief video intro to the QCraft self-driving mini-bus service in Wuxi, a 9-passenger vehicle with a driving charge of 200km
- China: Ministry of Industry and Info Tech to fast-track construction of 1000 battery swap stations for electric vehicles across 11 cities
- China: A video look at the Human Horizons HiPhi X electric vehicle, the most expensive Chinese EV
- China: Neolix autonomous driving tech firm partners FedEx to test autonomous electric delivery vehicles featuring a range of 100km
- China: Byton, previously highly-rated electric vehicle firm, heads for bankruptcy hearings, following missed worker payments and idled production lines
pwc: The Future Of Work – The journey to 2022 (pdf)
- China: Xiaomi smartphone giant to open 20,000 new offline shops across the country over 3 years, expanding its presence in lower-tier cities and towns
- China: NIO EV giant completes roll-out of 600 battery swap stations, adding to 455 supercharging stations, 567 destination charging stations and over 420,000 3rd-party charging poles
- China: Online brokerage firms operating across borders likely next targets in tech crackdown, with gov’t mouthpiece criticizing privacy and data transfer practices
- China: Huawei shifts focus onto infrastructure for coal mining companies and similar sectors as sanctions bite, sectors less dependent on semiconductors than existing Huawei units
- China: Xiaohongshu raises $500M in new round, growing fashion- and beauty-focused e-commerce
- China: Cainiao, Alibaba logistics division, to establish smart warehouse network across SE Asia, covering land area of 2,500,000m2 in Vietnam, Indonesia, Malaysia and Singapore
- China: Baidu launches Xirang metaverse app, allowing users to explore virtual environments via smartphones, computers and VR goggles
Instagram: Asia’s tech news
- China’s Tencent leads $48M round in South Africa’s Ozow, fintech connecting shoppers directly to their bank accounts, gaining 70% of all instant, 3rd-party e-payments in the nation
- China: Wision AI gains Europe’s CE mark for AI-enabled, real-time polyp detection software used in colonoscopy procedures
- China: Baidu search giant to launch driverless Apollo Go robotaxi service in 100 cities by 2030 in bid to diversify its business beyond advertising
- China: Ministry of Industry and Info Tech tells app stores and platforms to suspend Tencent from updating apps or launching new apps
- China: Shanghai Data Exchange opens, aiming to be a hub for ‘data trading’ and listing 20 data products spanning industries including finance, transportation and communication
- China’s Binance Smart Chain invests in Project Galaxy, blockchain platform focusing on verified credentials to prevent false identities and qualifications in education and employment
ASEAN Strategy on Fourth Industrial Revolution (pdf)
- China: Baidu search giant and PonyAI self-driving vehicles firm to launch paid driverless robotaxi services across 600 pick-up points in 60 square kilometre area in Beijing
- China’s NIO electric vehicles maker and Shell energy giant partner for battery charging and swapping facilities, initially 100 stations in China, followed pilot stations in Europe
- Online event: ‘China’s Fintech Future’ set for December 2nd, looking at the country’s central bank digital currency moves and more
- Blockchain Association Singapore and China’s AntChain ink MOUs around collaboration, blockchain adoption and promotion in Singapore, China and across ASEAN
- Japan: Tencent to acquire 6.86% stake in Kadokawa media publisher, initially focusing on presence in anime
- Huawei ICT Competition Cambodia 2021 launches, partnering more than 10 local universities with the aim of improving skills, IT education and industry-university connections
- ICYMI: Alibaba Cloud to launch first Thailand data centre next year, stepping into competition with Tencent and Huawei with 2 and 3 Thai data centres respectively
pwc: 2022 Global Cyber Trust Insights (pdf)
- Digital Economy of Sri Lanka: National goals and Lessons from the South’ available now, benchmarking the country in the context of China’s Belt and Road Initiative participation
- Singapore’s Horangi cloud-focused cybersecurity firm partners Huawei Cloud for security solutions for organisations across 10 countries in Asia Pacific
- India and China: “…cracks started appearing in the investment relationship between [them], and since then Indian startups have largely moved away from Chinese venture capital.”
Cool Gram / Make your Instagram carbon negative
Asia’s tech news: Other editions
Our other editions go out on a variety of channels – Twitter, Facebook, LinkedIn, mobile app, e-newsletter and Medium.
Hit the links below to get today’s tech startup news from across Asia, and beyond, on your preferred platform.
Asia’s tech e-news
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Technology news on Twitter
Startup News Asia on Medium
