Alibaba aims to offer 72-hour delivery worldwide and meet other rising retail demands with its five recently-launched global hubs.
The e-commerce company’s Q1 fiscal report suggests consumers are pleased with recent services upgrades.
The two brands have co-branded an innovative, tech-heavy shopping megatore in Qianmen historical district.
3D sensor producer Orbbec secured over USD 2M, led by Ant Financial.
Domestic child autism intervention agency Dami & Xiaomi has received USD 4.6M for Series A led by Fortune VC.
Smart vending machine operator CITYBOX recently raised more than USD 100 million in Series B+.
Tencent-backed smart healthcare solution provider WeDoctor received USD 500 million and is valued at USD 5.5 billion pre-IPO
AI and humanoid robo-maker Ubtech raised a whopping USD 820M led by Tencent.
Among eight outstanding startups, an Israeli hydrogen fuel cell firm and an Italian in-store A.I. startup won prizes at GMIC Demo Day.
Lexin plans to invest USD 15.9 million with its partners over the next three years.