DEALS, FUNDS, IPOs
Softbank, Temasek with Hearst Ventures
invest in Chinese marketing solutions startup Tezign (founder spoke at Silicon Dragon's Shanghai event 3 years ago!)
AI company Megvii has filed to list in Shanghai on the Nasdaq-like STAR market.
Megvii is the same company that landed on the US Commerce Department's entity list in 2019.
Chinese tech giant Baidu gets set to raise $3.1 billion in Hong Kong secondary listing.
Kroger Co. plans to invest $2.5 million in collective grants to startups that support new ways to manufacture, process or distribute upcycled consumer food products.
Ohio Third Frontier Commission doles out $72 million for VC funds.
JumpStart in Cleveland topped the list with $19 million for tech startups.
See news of other funds from Columbus, Dayton and Cincinnati that got $.
Shares of Relx, China’s largest e-cigarette brand, plunge in New York on news Beijing might tighten regulations.
China makes it harder for big tech to collect personal information. SCMP
Livestreaming is big business in China, where consumers spend billions on products pitched from influencers' bedrooms. Now the format — described by one investor as “QVC meets Oprah” — is taking off in America.
Elon Musk denies Tesla cars are used for spying in China. But Chinese government is restricting its use in China.
YouTube Shorts debut in 60 seconds: a lot like TikTok!?