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Geek+, the Amazon Kiva of China, lands $200 million Series C

Geek+, the Amazon Kiva of China, lands $200 million Series C

Geek+, a Beijing-based startup that makes warehouse fulfillment robots similar to those of Amazon’s Kiva, said Thursday that it has closed over $200 million in a Series C funding round. That bumps total capital raised by the 5-year-old company to date to nearly $390 million. The new round, completed in two parts, was separately led…

China set to launch Mars probe and rover mission in July

China set to launch Mars probe and rover mission in July

China’s space program will launch a Mars mission in July, according to its current plans. This will include deploying an orbital probe to study the red planet, and a robotic, remotely-controlled rover for surface exploration. The U.S. has also been planning another robotic rover mission for Mars, and it’s set to take off this summer,…

With 170M users, Bilibili is the nearest thing China has to Youtube

With 170M users, Bilibili is the nearest thing China has to Youtube

Bilibili, a Chinese video streaming website that was once regarded as a haven for youth subculture, has been steadily making its way into the mainstream as users age up and content diversifies. The NASDAQ-traded company recorded a 70% year-over-year growth to reach 172 million monthly active users by the first quarter, placing it in the…