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Meituan, Chinas everything app, walks away from bike…

A major player in the race to transport Chinese people around is losing steam. Meituan Dianping, the Tencent-backed all-encompassing platform for local services, continues to put the brakes on bike-sharing and ride-hailing, the company said…

WeWork is getting serious about China

Since its entry into China in 2016, WeWork has extended from four to around 60 locations across the country’s megacities like Shanghai, Beijing and, most recently, Shenzhen. That’s one-sixth of WeWork’s 360 locations worldwide. It’s…

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Quantum Machines raises $5.5M to build control and…

Quantum Machines, an Israeli startup launched by three Ph.D. physicists, wants to build the operational and control layer for quantum computing. Today, it announced a $5.5 million seed investment led by TLV Ventures with participation…