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1 week ago | 
yicaiglobal.com | Dou Shicong
(Yicai) May 28 -- D-Robotics, a one-year-old robot chip spinoff from Chinese autonomous driving firm Horizon Robotics, has completed a USD100 million Series A funding round to support China’s push into embodied artificial intelligence. The round attracted major investors, including mainland-based GL Ventures (a subsidiary of private equity giant Hillhouse), 5Y Capital, and Linear Venture, the Shenzhen-based startup announced today.
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1 week ago | 
yicaiglobal.com | Dou Shicong
(Yicai) May 26 -- Chinese central processing unit chip developer Hygon Information Technology plans to merge with its largest shareholder and key client, Dawning Information Industry, in a move aimed at speeding up the vertical integration of the industrial chain. The deal stands to benefit from new regulations that encourage public companies to boost their competitiveness through mergers and acquisitions.
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2 weeks ago | 
yicaiglobal.com | Dou Shicong
(Yicai) May 22 -- Douyin, which is the Chinese version of TikTok, Xiaohongshu, a social e-commerce platform, and other key internet platforms have started overhauling their algorithms in a positive response to the recent clamp down by the country's internet watchdog on ‘information bubbles,’ which are algorithm-driven content feeds that limit the range of information offered to viewers.
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2 weeks ago | 
yicaiglobal.com | Dou Shicong
(Yicai) May 21 -- CapitaLand Investment, the real asset management arm under Singaporean property giant CapitaLand Group, has launched its first onshore master fund in China with a total equity commitment of CNY5 billion (USD694 million), marking a major step to boost its investment in the world’s second largest economy.
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3 weeks ago | 
yicaiglobal.com | Dou Shicong |Tang Shihua |Miao Qi |Liao Shumin
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3 weeks ago | 
yicaiglobal.com | Dou Shicong
(Yicai) May 15 -- Bridgewater Associates, the world’s largest hedge fund established by American investment legend Ray Dalio, increased its stakes in Chinese tech giants Alibaba Group Holding and Baidu in the first quarter, while also re-entering e-commerce leader JD.Com.
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3 weeks ago | 
yicaiglobal.com | Dou Shicong
(Yicai) May 15 -- KargoBot, a Chinese autonomous driving freight startup previously owned and now backed by ride-hailing giant Didi Chuxing, has bagged nearly CNY300 million (USD41.6 million) in a Series A+ financing round. Several local government-backed investment institutions, including Ordos State-Owned Assets Investment Holding Group, Shenzhen Capital Group, and Orinno Capital, took part in the fundraiser, Beijing-based KargoBot announced yesterday.
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3 weeks ago | 
yicaiglobal.com | Wu Ziye |Dou Shicong |Zheng Xutong |Tang Shihua
We sent you a codeEnter it below to verify via You'll need a passwordMake sure it's 8 characters or moreSHOW PASSWORD/HIDE PASSWORDSuccess! Welcome to Yicai GlobalFind your Yicai Global accountCheck your emailWe've sent an email to with a confirmation code. Enter the code below to reset your password. If you don't see the email, check your junk, spam or other folders. Change your passwordStrong passwords include numbers,letters,and special characters.
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3 weeks ago | 
yicaiglobal.com | Dou Shicong
(Yicai) May 14 -- China has put 12 new satellites into space, the first in a network of thousands that will provide in-orbit computing infrastructure to support advanced technologies, including artificial intelligence, Xinhua News Agency reported. A Long March-2D rocket blasted off from the Jiuquan Satellite Launch Center in northwestern Gansu province today, carrying the first satellites in what has been dubbed the “Three-body Computing Constellation,” Xinhua said.
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3 weeks ago | 
yicaiglobal.com | Wu Ziye |Dou Shicong |Zheng Xutong |Chen Shanshan
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