Tag: ggv capital
China Roundup: Kai-Fu Lee’s first Europe bet, WeRide buys a truck startup
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Despite the geopolitical headwinds for foreign tech firms to enter China, many companies, especially those that find a dependable partner, are…
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For VC Hans Tung, the personal becomes public in a growing campaign to ‘stop Asian hate’
Longtime venture capitalist Hans Tung is a big guy. His size might just be lifesaving. A first-generation Taiwanese-American who came to the U.S. and to LA specifically in 1984, it was a fraught time for the then 14-year-old. Two years earlier, a 27-year-old, Chinese-American draftsman named Vincent Chin was beaten…
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China’s Black Lake raises $77M to give factories a digital upgrade
Zhou Yuxiang doesn’t have the typical profile for working in China’s manufacturing world. A soft-spoken yet incisive person in his early thirties, Zhou graduated from Dartmouth College with a degree in government and went on to work in investment banking in Hong Kong, following the path of many Chinese overseas…
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K Health expands into virtual childcare and raises $132 million at a $1.5 billion valuation
K Health, the virtual health care provider that uses machine learning to lower the cost of care by providing the bulk of the company’s health assessments, is launching new tools for childcare on the heels of raising cash that values the company at $1.5 billion. The $132 million round raised…
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Vision Fund backs Chinese fitness app Keep in $360 million round
As Chinese fitness class provider Keep continues to diversify its offerings to include Peloton-like bikes, health-conscious snacks among other things, it’s bringing in new investors to fund its ambitions. On Monday, Keep said it has recently closed a Series F financing round of $360 million led by SoftBank Vision Fund.…
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Wish wants to be the Amazon for the rest of us; will retail investors buy it?
Most people know Wish as a site that sells throwaway doodads from China, but in anticipation of its impending IPO, the ten-year-old, San Francisco-based company has begun portraying itself as a kind of Amazon for the rest of us. Judging by what we’ve read and heard from sources in recent…
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