Tony Munroe
Stories by Tony Munroe
Chinese regulator approves first wholly foreign-owned money market broker
The company, Ueda Yagi Money Broking (China) Co Ltd, will be China's sixth money broking firm.
ByteDance launches Volcano Engine brand to offer its ‘secret’ to corporates
ByteDance's recommendation system is considered the "secret sauce" in its success with apps including TikTok.
Meituan founder donates $2.27b worth shares as charity grips Chinese billionaires
The moves come as Meituan and others face the scrutiny of China's anti-trust regulator.
China fines 15 educational companies for false advertising, fraud
The 15 firms include Yuanfudao, Zuoyebang, and New Oriental Education & Technology Group.
TikTok owner ByteDance launches share buyback after shelving IPO plans
ByteDance announced in April that it did not have imminent plans for a public listing.
China’s state-owned Changan Automobile plans to list EV unit on STAR Market
Changan, based in the southwestern city of Chongqing, holds 48.95% of the unit.
Autonomous startup WeRide raises new funds, now valued at $3.3b
WeRide, backed by Nissan, Renault and Mitsubishi, raised $310 million in January.
China’s Trip.com steps up focus on personalised domestic travel options
Trip.com expects a surge in demand for outbound travel from China once COVID-19 curbs ease.
Chinese startup Full Truck Alliance said to eye $1.5b New York IPO
The firm, often described as China's "Uber for trucks," is backed by Tencent and SoftBank.
China fines education startups Yuanfudao, Zuoyebang for misleading consumers
Chinese regulators have stepped up efforts to rein in education companies' excessive advertising and false pricing.
