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  • Greater China
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Deals

Xiaomi revenue surges 64%, announces autonomous driving expansion

Xiaomi is acquiring autonomous driving startup Deepmotion for approximately $77.37 million.

Policy & Regulations

China’s Xiaomi says US has formally lifted securities ban

A court filing in May showed the U.S Defense Department would remove Xiaomi from a government blacklist.

Deals

Asset manager Nuveen exits sanctions-hit Chinese firms

Nuveen had held positions in several blacklisted companies, including China Telecom.

Deals

Smartphone maker Xiaomi to up stake in IoT startup Zimi for $102.84m

Upon closing, Xiaomi will hold a 49.91 per cent stake in Zimi.

COVID-19

Xiaomi to roll out new e-commerce service in India to boost sales during lockdown

The service will be rolled out across India and Xiaomi will continue it after the lockdown ends if it is successful.

Opinion

Alibaba’s China disconnect a serious blow to Hong Kong

Alibaba can’t be included in the stock connect programme linking Hong Kong with the Shanghai and Shenzhen exchanges at present.

Deals

China’s Xiaomi invests $6m in recruitment platform WorkIndia

Xiaomi has also backed the likes of Sharechat, Zest Money and TouchTalent over the past two years.

Deals

Chinese smartphone maker Xiaomi launches online lending service in India

The company has partnered with five shadow banking and fintech firms for the service.

Deals

Chinese EV startup XPeng Motors raises $400m from Xiaomi, others

Xpeng also secured "several billions of RMB-denominated" unsecured credit lines from banks.

IPOs & Markets

Chinese tech news site 36Kr flops in tough week for US IPOs

The Chinese news website fell 10% in its Nasdaq debut.

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