For William Li, Founder and CEO of the recently public EV startup NIO, the past few days must have been unforgettable. Priced near the bottom of its target range, NIO officially began trading on the New York Stock Exchange (NYSE) on Sept. 12.
On Sept. 13, Lei Jun, Founder and CEO of the popular Chinese electronics company Xiaomi, announced a big systematic adjustment to the organizational structure and personnel appointment through an internal email.
MissFresh, a fresh produce e-commerce platform, announced the completion of their Series D fundraising on September 6. The $450 million round is lead by Goldman Sachs Investment Partners (GSIP) and Tencent Holdings Ltd., followed by Tiger Global Management and four new investors.
Tencent Holding Ltd. and BMW Group inked a strategic Memorandum of Understanding (MoU) on Sept. 5 to deepen cooperation in the field of smart mobility. The aim is to promote the development of network intelligence in the automotive industry.
On Sept. 5, at 1 p.m. local time, China's commercial rocket startup iSpace launched a sub-orbital rocket into space from the Jiuquan Satellite Launch Center in Xi'an, Shaanxi Province. The successful launch signals the dawn of an era where additional private space companies are authorized to conduct launches.
Chinese electric-vehicle maker, NIO, has updated its initial public offering (IPO) prospectus and set terms to raise a total of $1.32 billion.
Faraday Future (FF) announced the completion of the first pre-production of FF 91, the company's first production vehicle and flagship model.
Following the recent rape and murder case, the founder and CEO of DiDi, Cheng Wei, and president, Jean Liu, issued a formal apology on August 28, detailing the intention to upgrade and build a more secure safety mechanism for the ride-hailing app.
Malaysian Prime Minister Mahathir Mohamad started his closely watched China tour on August 17th and visited Alibaba the next day on his first official trip to China.
A new page for the vivo X23 smartphone was added to its official website on August 20, exposing the look and major features of the new phone.
Alipay, a third-party mobile and online payment platform, announced on August 20 that it has partnered with Global Tax Free (GTF), a tax refund agency, to launch the world’s first paperless mobile tax refund function in South Korea.
Toutiao, China's leading news and information content platform, recently released a white paper on online public opinion and user reputation of mobile phone brands in the Chinese market in the first half of 2018.
Lu Qi, AI expert and former Chief Operating Officer of Baidu Inc., was named founder and Chief Executive Officer of Y Combinator China, signaling the Silicon Valley incubator's ambition to expand its global operations.
Evergrande Health Industry Group Ltd. announced on August 14th that Faraday Future, a U.S. electric vehicle startup, has set up its operating headquarters in China and plans to build five R&D and production facilities across the country in the next decade.
DJI announced on August 6th its first “characterized drone,” a partnership product with LINE FRIENDS, adding fun to the drone technology.