Meng Wanzhou, CFO of Chinese tech giant Huawei, has been granted bail at 10 million Canadian dollars under the condition of 24-hour surveillance while awaiting extradition to the United States from Canada.
According to International Data Corporation’s (IDC) Worldwide Quarterly Wearable Device Tracker, global shipments for wearable devices reached 32 million units in the third quarter of 2018, a rise of 21.7 percent from the same period last year.
Early this morning, Lenovo VP Chang Cheng confirmed on China’s microblog platform Weibo that Lenovo‘s latest model Z5s will be officially released on Dec.6.
On Nov. 27, Chinese smartphone maker OnePlus announced a new partnership with automobile manufacturer McLaren on a mysterious project.
ByteDance, a Chinese Internet company operating a range of content platforms, and The National Basketball Association (NBA) announced a multi-year global partnership on social sharing.
On Nov. 22, Xiaomi president Lin Bin posted an image of the upcoming Mi MIX 3 on a Chinese social media platform, writing “This is probably the first Weibo post sent through a 5G network”.
On Nov. 22 Meituan-Dianping, China’s on-demand service provider, released its first earnings report after raising $4.2 billion in an IPO in September. Its third quarter operating loss soared to $497.46 million, that means it tripled from last year’s $151 million for the same time period.
China’s coworking space provider Ucommune announced on Nov. 14 that it will close a $200 million Series D round of funding three months after its previous one, making it the largest single round financing for the unicorn.
The global shipments of smart speakers grew 197 percent year-over-year in Q3 of 2018, reaching a record-breaking amount of 22.7 million, according to Strategy Analytics’ quarterly report. Chinese companies Alibaba, Baidu and Xiaomi were among the top five brands.
Today at the CIIE, Alibaba Group promised to help import $200 billion worth of goods from more than 120 countries over the next five years, underscoring the company’s long-term commitment to globalization and efforts to meet Chinese consumers’ rising demand for high-quality international products.
Leaders from different industries have gathered at the first China International Import Expo, which opened in Shanghai on Nov. 5, to share their insights on trade, business, and economics.
A new leak from the Italian media website HDBlog reveals the outlook of Asus ZenFone 6, which is expected to launch during Mobile World Congress (MWC) 2019 in Barcelona, Spain in February next year.
Today Ford Motor Company and Baidu, Inc. announced the commencement of a two-year joint autonomous vehicle test project, under which the two companies will further advance the development and on-road testing of autonomous vehicles in China.
The Chinese-invested and US-based electric vehicle producer Faraday Future (FF) is said to have laid off more than half of their employees and cut salaries for the ones remaining, due to cash flow problems that arise from its dispute with its main investor Evergrande Health.
Alibaba holds its annual shareholder meeting in Hong Kong today. Jack Ma, the Chinese business magnate and Alibaba’s co-founder, addresses shareholders in an open letter as Alibaba’s executive chairman for the last time. Ma’s successor Daniel Zhang also sends a CEO’s letter to shareholders.