ByteDance weighs listing Chinese short video app Douyin in Hong Kong
8 hours ago
China's online education industry witnessing "golden age" amid pandemic
By Cen Ziyuan
Oct. 13, 2020
Uniqlo has more stores in China than Japan
Oct. 12, 2020
TAL Announces Unaudited Financial Results for the Second Fiscal Quarter Ended August 31, 2020
TAL Education Group (NYSE: TAL) announced its unaudited financial results for the second quarter of the fiscal year 2021 ended August 31, 2020.
By Siyi Zhang
1 days ago
China's CPI up 1.7%, PPI down 2.1% in September
The fall in CPI was mainly led by plunging pork price inflation, a high base and an increase in pork's weighting in the CPI basket, while the moderation in PPI reflects continued weakness in prices of oil and other commodities.
Oct. 15, 2020
Tencent-backed Miniso Group looks to raise up to $562.4 million in IPO
Oct. 8, 2020
Dubbed as China's Dollar Tree, Miniso is backed by tech giant Tencent Holdings and private equity firm Hillhouse.
China's new tax and fee cuts total 1.88 trillion yuan from January to August
Sep. 29, 2020
In the first eight months, about 92 percent of the 50 million small-scale taxpayers with monthly sales below 100,000 yuan were exempt from value added tax (VAT).
China-based Infinity Technology Focusing on Educational Cloud Services Closes A Round
Sep. 29, 2020
According to Infinity Technology’s official website, the company was founded in 2018 with the business model of B2B2B2C, providing one-stop educational online platform and services based on “the big data+education”.
Telemedicine Provider Hazel Health Secures $33.5M Series C Round Led by Owl Ventures and Bain Capital
By Rachel Ren
Sep. 23, 2020
Founded five years ago, the San Francisco-based telemedicine provider connects students in K-12 public schools with physician consults from their school nurse's office.
Nike smashes revenue, profit estimates on China demand, online boom
Sep. 22, 2020
The brand's digital sales surged 82 percent in the first quarter ended August 31, with at least double-digit rises recorded in all regions.
Chinese K12 Education Provider Lele Ketang Announces $40M C Round Led by Owl Ventures
Sep. 21, 2020
Founded in 2014, Lele Ketang started its business with short-video product Tiantianlian(天天练) covering more than 80% of the knowledge points in the K12 stage.
Tencent Set to Launch WeChat for Kids? Trademark Application Filed.
By Siyi Zhang
Sep. 17, 2020
After penetrating educational institutions and public schools with education informatization services, Tencent now is working to address user needs in various segments of education.
VIPThink for Children Mathematical Thinking Training Closed Nearly $200M C Round Led by Vision Fund
Sep. 15, 2020
Founded in 2016, VIPThink focuses on Mathematical thinking education for students from 3 to 8-year-old. Since transforming the business online.