AI firm Sensetime mulls $1 billion fundraise

By Chris Udemans

Sensetime, one of China’s highest-profile artificial intelligence startups, is looking to raise $1 billion after seeing wider adoption of the company’s technology during the coronavirus pandemic.

Why it matters: Fresh funding for Sensetime could si…

Chinese online grocer JD Daojia files for US IPO

By Emma Lee

Dada Nexus, known as JD Daojia in China, filed its application on Tuesday with the US securities regulator to offer shares on the Nasdaq stock exchange.

Why it matters: JD Daojia’s filing for an initial public offering (IPO) on a US exchange bu…

JD.com may list in Hong Kong as early as June

By Emma Lee

Chinese online retailer JD.com could be offering share subscriptions on May 25 for its long-anticipated Hong Kong listing, according to media reports, with a debut on the city’s board as early as June.

Why it matters: JD.com’s secondary listing on t…