text

Goldman Sachs leads $23M in funding for Brazilian e-commerce startup Olist

Olist, a Brazilian e-commerce marketplace integrator, has raised $23 million in a Series D round extension led by new investor Goldman Sachs Asset Management that brings its total Series D financing t

text

A pivotal time for COVID cooperation

VCG Editor's note: James Rae is a professor at California State University Sacramento. He was also a Fulbright Scholar at Beijing Foreign Studies University from 2017 to 2018. The article refl

text

EU plan for risk-based AI rules to set fines as high as 4% of global turnover, per leaked draft

European Union lawmakers who are drawing up rules for applying artificial intelligence are considering fines of up to 4% of global annual turnover (or €20M, if greater) for a set of prohibited use-cas

text

Book released to celebrate time-honored China-Pakistan friendship

A book entitled Garlands of Love was released on Monday at the Embassy of Pakistan in Beijing, marking one of a series of events to be held this year to celebrate the 70th anniversary of diplomatic re

text

Letters sent by overseas Chinese reveal their emotional touch

A key exhibition of letters showing emotional connection between overseas Chinese and their homeland opened in Beijing on April 9. Letters that records emotional connection between overseas Chine

text

California's ArcLight and Pacific Theaters to close for good

Hollywood's theatrical business may be slowly rebounding, but for some exhibitors the last year has been catastrophic. Pacific Theaters, which operates some 300 screens in California, including th

text

With a team that helped build the brain behind Alexa, HomeX raises $90M

HomeX, a home services platform for homeowners and service providers, has raised $90 million in a funding round led by New Mountain Capital.New Mountain Capital, a New York-based investment firm with

text

UEFA Champions League preview: Chelsea vs. Porto

So, to put the storyline together, Chelsea were doing OK in the Premier League but far from their Champions League dream. Owner Roman Abramovich swapped out the struggling manager for a technocrat wh

text

UN Chinese Language Day theme song to be released

03:15 The theme song of the Chinese Language Video Festival was officially released on Tuesday ahead of the 11th United Nations Chinese Language Day, which falls on Apr

text

Virtual symposium discusses Chinese literary giant Jia Pingwa

More than 300 participants gathered virtually across Asia, Europe and North America on Friday to celebrate one of China's literary giants: Jia Pingwa. In attendance were Jia himself, along with pu

text

Tiger Global goes super aggressive in India

Recent roars from an investment firm, credited to put Indian startups on the global map in the past decade and a half, are turning local young firms into unicorns at a pace never seen before in the wo

text

Tiger Global goes super aggressive in India

Recent roars from an investment firm, credited to put Indian startups on the global map in the past decade and a half, are turning local young firms into unicorns at a pace never seen before in the wo

text

Russia celebrates 60th anniversary of Yuri Gagarin space mission

Yuri Gagarin became the first human to enter space back in 1961 and April 12 marks the 60th anniversary of his triumph. /AP Sixty years ago Russian astronaut Yuri Gagarin became the first huma

text

ICYMI: The week's quirky news from around the world

Between a global pandemic, natural disasters, humanitarian crises and terror attacks, there are plenty of bleak stories making headlines every day. So here is a pick of the week's funny, quirky an

text

China is pioneering a new model of minority empowerment

A resident dances during a community activity in Rasekam Village of Taxkorgan Tajik Autonomous County in northwest China's Xinjiang Uygur Autonomous Region, June 6, 2020. /Xinhua Editor's note

text

Spend management startup Ramp confirms $115M raise at a $1.6B valuation

This morning, Ramp, which provides corporate cards and spend management software, announced that it has closed $115 million across two investments, the latter of which valued the company at $1.6 billi

text

Facebook’s Kustomer buy could face EU probe after merger referral

The European Union may investigate Facebook’s $1BN acquisition of customer service platform Kustomer after concerns were referred to it under EU merger rules.A spokeswoman for the Commission con