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China Roundup: SoftBank leads Didis $500M round and Meituan crosses $100B valuation

Hello and welcome back to TechCrunchs China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Last week, we had a barrage of news ranging from SoftBanks latest bet on Chinas autonomous driving sector to Chinese apps making waves in the U.S. (not TikTok).

China tech abroad


The other Chinese apps trending in America
TikTok isnt the only app with a Chinese background thats making waves in the U.S. A brand new short-video app called Zynn has been topping the iOS chart in America since May 26, just weeks after its debut. Zynns maker is no stranger to Chinese users: it was developed by short-video platform Kuaishou, the nemesis of Douyin, TikToks Chinese sister.
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