#39 - Ed-tech, Gaming, and EVs
Update: 2022-03-04
Description
This week's theme was 'continuity' – Adeh and Kevin are becoming real podcasters as they revisit previous topics. They recap the impacts of the crackdown on China's tutoring and gaming industry's, notice that another EV company is jumping into smartphones, and examine new policies on food-delivery platforms as Beijing's crackdown on tech continues.
1) 90% of tutoring companies have closed since July after gov crackdown
1b) First edtech company to IPO since crackdown "FenBi"; going for $300 mn USD
2) Nio hires former president of Meitu's smartphone unit
3) Netease looking to be more global as gov crackdown on gaming continues
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