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In alibaba, alibaba group, alipay, ant group, Asia, Beijing, bytedance, China, China Roundup, Geely, jack ma, JD.com, Momenta, online payments, robotaxi, shanghai, Shein, Southeast Asia, taobao, TC, Tencent, WeChat, xtransfer
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China Roundup: Beijing is tearing down the digital ‘walled gardens’

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. This week, China gets [...]

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In Asia, Automotive, Baidu, Bosch, China, funding, Hillhouse Capital, Lidar, lightspeed, Lightspeed Venture Capital, Meituan, Qiming Venture Partners, shanghai, temasek, Transportation, Venture Capital, Xiaomi
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Chinese lidar maker Hesai lands $300M led by Hillhouse, Xiaomi, Meituan

The rush to back lidar companies continues as more automakers and robotaxi startups include the remote sensing method in their vehicles. Latest to the investment boom is Hesai, a Shanghai-based [...]

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