Tesla to begin delivering China-built Model 3 cars next week

Tesla will start making the first deliveries of its Shanghai-built Model 3 sedans on Monday, Bloomberg reports. The cars are rolling off the assembly line at the new Tesla Shanghai Gigafactory, which is operational but which will also be expanding in future thanks to a fresh $1.4 billion injection in local funding reported earlier this…

China Roundup: Ant Financial’s new boss and Tencent’s army of new apps

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, we are looking at what Ant Financial’s executive shakeup could give to Alibaba’s financial affiliate and why Tencent has gone on an app-launching…

TikTok’s national security scrutiny tightens as U.S. Navy reportedly bans popular social app

TikTok may be the fastest-growing social network in the history of the internet, but it is also quickly becoming the fastest-growing security threat and thorn in the side of U.S. China hawks. The latest, according to a notice published by the U.S. Navy this past week and reported on by Reuters and the South China…

PayPal completes GoPay acquisition, allowing the payments platform to enter China

PayPal this morning announced it has completed its acquisition of a 70% equity stake in GoPay (Guofubao Information Technology Co. [GoPay], Ltd.), making PayPal the first foreign payment platform to provide online payment services in China. The transaction was approved by the People’s Bank of China on September 30 and has now closed. Deal terms…

Arbe raises $32 million to bring its high-resolution radar to autonomous vehicles

It’s not enough for an autonomous vehicle to see the world around it. These vehicles need to understand what they’re seeing in real time. That understanding piece is critical and it requires being able to identify objects in real time and in any environmental condition. It can mean the difference between an autonomous vehicle that…

Kid-focused STEM device startup Kano sees layoffs as it puts Disney e-device on ice

London-based STEM device maker Kano has confirmed it’s cutting a number of jobs which it claims is part of a restructuring effort to shift focus to “educational computing”. The job cuts — from 65 to 50 staff — were reported earlier by The Telegraph. Kano founder Alex Stein confirmed in a call with TechCrunch that…

China Roundup: GitHub’s China ambitions and WeWork rival’s big hopes

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, we are looking at how WeWork’s largest rival in China — UCommune — is pulling ahead with its initial public offering and GitHub’s…

China shows off its newest satellite’s high-resolution 3D imagery

China launched the Gaofen-7 imaging satellite in November, and the country has just shared the first of its high-resolution, 3D shots. The satellite is sensitive enough to height that it should be able to spot a single person from 500 kilometers up. Gaofen-7 is the latest in a planned series of 14 satellites intended to…