From funded to funder: how Tencent places its VC bets

By Chris Udemans

It all started in 2008. That year, social media giant Tencent struck a deal to invest in Outspark, a small US-based gaming company.
Now, 12 years after Outspark’s $11 million Series B, Tencent has funded more than 140 companies outside China. These in…

EV sales start to recover from virus hit

By Jill Shen and Chris Udemans

After taking a significant hit following the nationwide Covid-19 lockdown, electric vehicle (EV) sales in the world’s biggest market are finally showing signs of recovery.
In February, according to figures from the China Passenger Car Association (CPCA…