Rita Liao

Selected news for the person - Rita Liao, collected since 4/2019. Recent stories appear in TechCrunch. We are still establishing healthcare news links for this person.

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5/17/2021 JD Logistics, China's answer to Amazon's logistics ambitions, to raise $3.4B from IPO TechCrunch Rita Liao 13 hours After operating in the red for 14 years, JD.com’s logistics subsidiary is getting ready for an initial public offering in Hong Kong. JD Logistics will price its share between HK$39.36 and HK$43.36 apiece, which could see the firm raise up to about HK$26.4 billion or $3.4 billion, according to its new filing .JD.com, Alibaba’s e-commerce rival in China, began building ...
5/17/2021 JD Logistics, China's answer to Amazon's logistics ambitions, to raise $3.4B from IPO jasrainc.com By Rita Liao After operating in the red for 14 years, JD.com’s logistics subsidiary is getting ready for an initial public offering in Hong Kong. JD Logistics will price its share between HK$39.36 and HK$43.36 apiece, which could see the firm raise up to about HK$26.4 billion or $3.4 billion, according to its new filing .JD.com, Alibaba’s e-commerce rival in China, began building its ...
4/6/2021 KKR closes $15 billion fund targeting consumption and urbanization in Asia TechCrunch Rita Liao 2 days KKR has just closed $15 billion for its Asia-focused private equity fund, exceeding its original target size after receiving “strong support” from new and existing global investors, including those in the Asia Pacific region.The new close came nearly four years after KKR raised its Asian Fund III of $9.3 billion and marks the New York-based alternative asset management titan’s ongoing interest ...
3/17/2021 SoftBank, Tencent backs IP analytics platform PatSnap in $300M round TechCrunch Rita Liao 22 hours As enterprises around the world pour more money into research and invention to stay competitive, the need for analyzing the worthiness of R&D expenses also grows.One company serving that function is PatSnap. When co-founder Jeffrey Tiong was working in the medical devices industry more than a decade ago, he realized how critical intellectual property and patents were in the tech world.In 2007 ...
3/8/2021 Hong Kong fintech unicorn WeLab raises $75M led by insurance giant Allianz TechCrunch Rita Liao 3 days One of the few industries that have benefited from the COVID-19 crisis is online finance. Around the world, the pandemic has forced consumers to adopt digital banking. Hong Kong’s WeLab, a fintech company founded in 2013, saw users soar by 20% year over year in 2020, bringing its accumulative user base to 50 million.Facing innovative players like WeLab, which aims to bring more ...
3/4/2021 Boss of Chinese gaming titan NetEase calls for shared parental leave TechCrunch Rita Liao 4 days China’s relaxation of its one-child restriction has not delivered the population targets set by its policy planners. In 2019, the birth rate in China slumped to a seven-decade low, which experts attribute to changes in social attitudes, skyrocketing living costs as well as a demanding work culture.One way to fix China’s demographic crisis is to lighten mothers’ burden, said Ding ...
2/22/2021 China's Black Lake raises $77M to give factories a digital upgrade – TechCrunch TechCrunch Rita Liao 2 days 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 returnees.But a few years into his career, Zhou realized he wanted to ...
1/22/2021 Didi to subsidize trips for vaccinations with $10M global fund jasrainc.com By Rita Liao As countries around the world prepare to vaccinate people against the coronavirus, tech companies are rushing to demonstrate their willingness to help fight the deadly virus. China’s ride-hailing leader Didi Chuxing is pledging a $10 million fund to support COVID-19 vaccination efforts in 13 markets outside its home country China, the company said on Friday.The multi-purpose fund will be used to reduce ...
1/11/2021 Vision Fund backs Chinese fitness app Keep in $360 million round techpanorama.org Emerging markets tech Global trends January 11, 2021 Vision Fund backs Chinese fitness app Keep in $360 million round Keep started out in 2014 by providing at-home workout videos and signed up 100 million users within three years.By Rita Liao for Techcrunch 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 ...
1/11/2021 Vision Fund backs Chinese fitness app Keep in $360 million round jasrainc.com By Rita Liao 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. Hillhouse Capital and Coatue Management participated in the round, as well as existing investors ...
12/8/2020 How Alibaba and JD.com compare in their healthcare endeavors #AWS aiupnow.com Home Amazon Khareem Sudlow Rita Liao How Alibaba and JD.com compare in their healthcare endeavors AWS How Alibaba and JD.com compare in their healthcare endeavors AWS 10:48 PM Amazon, Khareem Sudlow, Rita Liao , AmazonChina’s tech circle is shifting its attention to online healthcare this week as JD Health is set to go public in one of Hong Kong’s largest IPOs this year.Like Amazon, China’s e ...
12/7/2020 How Alibaba and JD.com compare in their healthcare endeavors nonperele.com How Alibaba and JD.com compare in their healthcare endeavors By Rita Liao LikeChina’s tech circle is shifting its attention to online healthcare this week as JD Health is set to go public in one of Hong Kong’s largest IPOs this year.Like Amazon, China’s e-commerce firms Alibaba and JD.com have been working to conquer the massive healthcare industry. The offerings are wide-ranging, reaching everything ...
12/7/2020 How Alibaba and JD.com compare in their healthcare endeavors jasrainc.com By Rita Liao China’s tech circle is shifting its attention to online healthcare this week as JD Health is set to go public in one of Hong Kong’s largest IPOs this year.Like Amazon, China’s e-commerce firms Alibaba and JD.com have been working to conquer the massive healthcare industry. The offerings are wide-ranging, reaching everything from around-the-clock delivery of medicines, sale of consumer ...
8/26/2020 BlackBerry makes China push as the OS for Xpeng smart cars TechCrunch Rita Liao 6 days The once-pioneering BlackBerry is pretty much out of the smartphone manufacturing game , but the Canadian company has been busy transitioning to providing software for connected devices, including smart cars. Now it has brought that section of its business to China. This week, BlackBerry announced that it will be powering the Level 3 driving domain controller of Xpeng, one of the most-funded electric vehicle startups ...
8/26/2020 Meet the startups from Brinc’s first online Demo Day TechCrunch Catherine Shu Rita Liao 2 weeks Like other accelerators, Brinc hasn’t let 2020 get in the way of its program for early-stage startups. The firm is known for focusing on food technology, health tech, clean energy and hardware, and has a knack for finding some of the most interesting startups in those spaces. Today, we joined Brinc’s first online Demo Day to meet startups from its spring Hong Kong ...
7/29/2020 China now accounts for nearly one-quarter of Tesla revenue TechCrunch Rita Liao 1 week Tesla has been counting on China to maintain its sales momentum, and it seems to be on track with the plan. In the three months ended June 30, the automaker’s revenue in China climbed 102.9% year-over-year to $1.4 billion, according to its latest SEC filing . That means China now makes up 23.3% of Tesla’s total revenues of $6 billion in the quarter, compared to ...
7/22/2020 Tencent and Chinese scientists use deep learning to predict fatal COVID-19 cases jasrainc.com By Rita Liao Tech firms around the world are in an overdrive to help battle the coronavirus pandemic. Research showed that 6.5% of COVID-19 patients can suddenly progress to serious illness, and among them the mortality rate can be as high as 49% . Therefore one of the key tasks for health authorities is to identify and treat patients who may develop severe or fatal syndromes early on. That’s what ...
6/18/2020 Geek+, the Amazon Kiva of China, lands $200 million Series C TechCrunch Rita Liao 1 week Geek+, a Beijing-based startup that makes warehouse fulfillment robots similar to those of Amazon’s Kiva, said Thursday that it has closed over $200 million in a Series C funding round. That bumps total capital raised by the five-year-old company to date to nearly $390 million . The new round, completed in two parts, was separately led by GGV Capital and D1 Capital Partners in ...
6/2/2020 China Roundup: SoftBank leads Didi’s $500M round and Meituan crosses $100B valuation TechCrunch Rita Liao 1 day 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. Last week, we had a barrage of news ranging from SoftBank’s latest bet on China’s autonomous driving sector to Chinese apps making waves in the U.S. (not TikTok). China tech abroad The other Chinese apps trending ...
5/26/2020 Cathay Innovation’s first investment in Germany is healthcare startup Medwing TechCrunch Rita Liao 22 hours Medwing , a German startup with an ambition to tackle Europe’s shortage of healthcare workers, said on Tuesday that it has secured €28 million ($30 million) in a Series B financing round. Global venture capital firm Cathay Innovation led the round, marking its first investment in a German company. Other participating investors include Northzone, Cherry Ventures and Atlantic Labs. The World Bank forecasted a worldwide shortage of ...