The Chinese government hasn’t renewed the press credentials for some foreign journalists working for U.S. news organizations in China, and has suggested that they could get expelled if the Trump administration takes further action against Chinese media employees in the U.S., the New York Times and other outlets reported. When some China-based journalists who work for the Wall Street Journal, CNN...
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Sequoia Capital China Buys Discounted Stake in Prominent E-Commerce App
Sequoia Capital China recently acquired a stake in Chinese social e-commerce app Xiaohongshu from existing investors at a discount to the company’s most recent equity financing valuation, according to three people with knowledge of the matter. Sequoia China, which is preparing to separate from Silicon Valley’s Sequoia Capital next year, bought the Xiaohongshu shares earlier this...
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