Pinduoduo

Sequoia Capital China: And I Choose to Start a New Table

Sequoia Capital China's culture is about winning and conviction.

Vol.004 | Conversation with Richard Guo: Staying Out of the Fray, But Keeping on Winning

A Conversation with Sam Guo: Staying Out of the Fray, but Keeping on Winning

Truck drivers, sour kiwis, counterfeit cigarettes and booze — and the legends of investing.

Another VC Rebrands with a New Name

The twentieth year of local iteration.

Managing $7 billion in annual ad spend, the person who understands global traffic better than anyone just built an AI agent

What happens when we treat data as a living organism?

Cathay Capital Closes Third Innovation Fund at $1 Billion, All In on AI Applications

"Global LPs' Areas of Focus"

Consumer investor Yu He waited for two big fish like he was waiting for Godot.

I've stumbled through pitfalls and detours, celebrated victories, and felt the sting of regret.

Will Chinese Concept Stocks Disappear?

Let's hope it doesn't happen.

Pony.ai's Funding Story: Daydreams in a Winter Storm

The final exam is approaching.

The 21 Months That Shattered a Star Founder | WAVES

Good Game.

Becoming China's Most Daily-Interaction Heavy AI Company: 15 Things MiniMax Got Right

There are two optimistic signals regarding large language models.

ZhenFund's Tianyi Qin: Globalization Will Unfold Cautiously in a New Form

Investing overseas, but not talking about the destination.

A Globalization Guide for Chinese Founders: Slicing the World Horizontally

The word "globalization" — so brief, yet it encompasses so many narratives.

Goodbye to a Decade of Venture Capital | Waves' Second Anniversary

Keep moving forward. Don't look back.

Looking Back at 2023: The World Has Really Changed

These people and events reshaped 2023 — and will shape the years ahead.

The Investor Who Made the Most Money Off Pinduoduo

"Though millions may oppose me, I will go."

It’s not just Taihe Capital that needs a "second founding."

Start over from scratch.

Li Guofei's 10,000-Word Interview: Seeking Wisdom Is About Constantly Breaking the Prison of the Mind

Two worlds that seem to have nothing to do with each other may, at their foundations, arrive at the same destination by different paths.

Exclusive | SHEIN Nears Completion of New Funding Round at Valuation Below $70 Billion

A future showdown between SHEIN and Temu is inevitable.

3 Billion New Fund First Close: Arthur Yeung on Kairous Capital's Two Major Organizational Restructurings

A New Solution to the Organizational Challenge of Funds.