China’s top 10 unicorn companies

CB Insights recently posted its list of 197 world unicorns, also known as a private company valuing more than USD 1 billion. Here is the top 10 unicorn companies in China that AllChinaTech has picked…

The top 5 fitness apps in China

The fitness trend has taken off in China as the enlarging middle class becomes more aware of their personal health and trendy young people enjoy posting workout selfies on their social media accounts. Here are…

Top 5 investments by Zhu Xiaohu and Wang…

It is rare for angel investors to spot and invest in future unicorns, meaning private companies with valuations of USD 1 billion or more. Over the past few years, Zhu Xiaohu (also known as Allen…

Xiaomi’s new Mi Max 2 is bigger than…

China’s leading smartphone manufacturer Xiaomi on Thursday launched its latest phone Mi Max 2, a year after it unveiled the first generation of the Mi Max. The new 6.44-inch phone is bigger than an iPhone…

Why WeWork will go down the same path…

Co-working startup WeWork is reported to have received up to USD 4 billion financing from SoftBank in February, pushing its valuation to more than USD 20 billion. Headquartered in New York City, WeWork provides co-working…

How a USD 3.3 billion LeSports fell apart

LeSports, Chinese tech giant LeEco’s sports arm, on Thursday was rumored to cut its workforce to 200 from its current 700-strong workforce. This is the latest sign that LeSports is undergoing a series of setbacks…