The bike-sharing company ofo announced it pulled its business out from the Madrid region in Spain, according to Chinese media. This comes after their recent withdrawal from Australia and Germany.
Youku Tudou Inc. published on July 16 its performance data of the 2018 World Cup in Russia after broadcasting one-month football matches online as official new media partner of China’s central television station.
Didi Chuxing announced a strategic partnership on July 17 with Booking Holdings who will put an investment of $500 million into the Chinese mobile transportation platform.
China’s new e-commerce platform, Pinduoduo, plans to raise a maximum of $1.87 billion through its listing on the NASDAQ Global Select section, according to its updated prospectus to the U.S. Securities and Exchange Commission (SEC).
Baidu Inc. recently added a new feature displaying information flow to its mobile browser app and changed the app’s slogan along the way. This is among the latest moves by Chinese tech companies merging key functions into their mobile application services.
China’s electric vehicle (EV) startup NIO signed a strategic cooperation agreement with the German engineering and electronics company Robert Bosch GmbH on July 9. The agreement focuses on cooperations in the areas of sensor technology, automated driving, electric motor controls and intelligent transport systems.
Belgian Prime Minister Charles Michel met with Jack Ma from the Alibaba Group in Brussels on July 3 and announced Belgium’s participation in the company’s digital trade platform.
Mobike, one of the world’s largest bike-sharing companies, has just launched its new pedal-assisted electric bikes as well as a deposit refund plan at the launch event on July 5.
BYD recently signed a contract to supply 100 K9FE electric buses to Santiago, Chile, and the delivery will be completed by end November as announced on July 3.
Lippo Group has invested 628 billion rupiahs ($45 million) into Tencent to contribute to the group’s digitalization, as the company mentioned in a statement on Monday.
On June 18 evening (EDT), U.S. President Donald Trump announced another tarriff on $200 billion worth of imports from China; Ministry of Commerce in China responded immediately saying “it is blackmail and an extreme threat.”
Alibaba tops the list to become the number one company that competitors are “most worried about” for their disruptive business models in the latest KPMG tech survey.
NIU has launched two all-new scooters, the M+ and N-GT in the Louvre Museum, Paris, on June 12. The scooters that have been specifically customized for the European market feature an enhanced riding experience with better safety aids.
Byton’s K-Byte concept debuted in Shanghai on June 12, and Byton, the Beijing-based startup has announced its product naming strategy for the first time.
