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Tag: Beijing

China’s game engine Cocos raises $50M, goes beyond games

April 11, 2022 wp-bot TechCrunch

Cocos Technologies, a China-based game engine provider that has been around since 2010, just announced it has picked up $50 million in a Series B

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Tencent to shut down its game streaming service

April 7, 2022 wp-bot TechCrunch

Tencent, the world’s largest video games company, said it will shutter its game streaming platform Penguin Esports by June due to “changes in business strategies.”

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TikTok delays opening of first European data center again

April 7, 2022 wp-bot TechCrunch

TikTok has once again delayed the timeline for opening its first data center in the European Union, in Dublin, Ireland — saying the facility is

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Shein said to be raising $1 billion at $100 billion valuation

April 4, 2022 wp-bot TechCrunch

Yes, you read it correctly. The fast fashion e-commerce company that few in the tech industry had even heard of two years ago is aiming

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China’s microblogging giant Weibo faces delisting risks in US

March 24, 2022 wp-bot TechCrunch

US regulators have hastened their pace to enforce a law that could delist Chinese companies of which accounting papers can’t be inspected. The addition of

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China’s EV chassis maker PIX raises $11M to build its own smart vehicles

March 24, 2022 wp-bot TechCrunch

The autonomous driving industry in China has enjoyed a boom over the past two years, with both institutional and corporate investors pouring money into a

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