Sequoia owned 15% of Ninebot when it went public in Shanghai in 2020. As soon as Sequoia’s limited partners were allowed to sell their Ninebot shares when IPO share-lockup restrictions expired, the ... ( read original story ...)
Lacking Revenue, Lepu Biopharma Chases IPO to Revive War Chest
Vivo Capital and Shanghai Bio-medical Fund. They have participated in three rounds of fundraising for the company, forking over a total of 2.45 billion yuan, which pushed Lepu’s valuation to 10.26 ... ( read original story ...)
Catalent Expands Shanghai Facility
Catalent has unveiled plans to expand its Waigaoqiao Free Trade Zone (FTZ) facility in Shanghai, China, to increase capacity for temperature-controlled storage and distribution of clinical supplies, ... ( read original story ...)
Tesla battery supplier CATL said to downplay business risks of US sanctions in meeting
The founder of Contemporary Amperex Technology Limited (CATL) – China’s largest electric-vehicle battery manufacturer and a Tesla supplier – played down the risks of any potential US sanctions on its ... ( read original story ...)
FingerMotion Subsidiary & China Mobile Launch Device Protection Insurance Service
In addition, as at the end of May 2020, China Mobile had 55.6 million 5G customers (source: RCRWirelessNews Intelligence on All Things Wireless article dated June ... agreement between China Mobile ... ( read original story ...)
China’s local governments, hit by property market slowdown, court foreign investment to steady growth
Shanghai on Friday announced it had signed off on 53 foreign ... including construction and residential property development, and around 25 per cent if taking into account upstream and downstream ... ( read original story ...)
Dingdong (Cayman) Limited Announces Fourth Quarter 2021 Financial Results
SHANGHAI, Feb. 15, 2022 /PRNewswire/ -- Dingdong (Cayman ... today announced its unaudited financial results for the fourth quarter ended December 31, 2021. Fourth Quarter 2021 Highlights: GMV for the ... ( read original story ...)