According to people familiar with the matter, the pre-IPO valuation of Kuaishou, one of China’s leading short-video start-ups, has reached $25 billion.
According to insider information received by 36Kr, one of the cofounders of ofo, Zhang Siding, has established a new venture.
It has been slightly over two months since Didi’s autonomous driving division was spun off into an independent entity in an attempt to stimulate the company’s efforts in R&D and product application.
When it seemed like we were about to hear the eulogy to the troubled industry, Meituan-Dianping and Didi Chuxing – companies that timely bought into bike-sharing flag-bearers Mobike and Bluegogo – started revitalizing their bicycle fleets.
The internet chart-busters initiated not only a deluge of jubilant social media posts, but also a serious debate about the future of privacy, security and truth at a time when data sells better than oil.
Jia Yueting, founder of the troubled EV start-up Faraday Future (FF), stood down as the company’s CEO on September 3, confirming recent rumours. Carsten Breitfeld, who previously helped BMW launch their i8 hybrid sports car as well as had a hand in founding another EV startup Byton will fill the vacancy.
Microsoft introduced a new AI, the sole purpose of which is to best people in the game of Mahjong.
According to Tencent Technological News, Chinese group buying e-commerce platform Pinduoduo surpassed Baidu in market value, becoming the fifth largest Internet company in China.
CEO of Didi Chuxing, Cheng Wei, announced at the roundtable forum of the WAIC 2019 that his company will expedite the manned Didi autopilot tests in Shanghai and will invite ordinary users to participate in the experience.
We sat down with Brian Gu, president and vice-chairman of XPeng Motors, to learn more about the company and his vision for the future of EVs.
Huami has officially launched on August 27 a fresh lineup of products, among which are two new versions of the Amazfit Sports Watch and a fashionable timepiece Amazfit GTS.
On August 20, Apple officially released a credit card under its own brand in the US. The minimalist white titanium card backed by Goldman Sachs was met with mixed emotions by professionals and casual Apple fans alike.
In March 2019 at the launch event for the Huawei P30 series, the Chinese telecom giant also introduced the Huawei x Gentle Monster smart glasses.
On August 19th, Xiaomi, OPPO and Vivo announced the establishment of a communication alliance aiming at improving the cross-brand file transmission experience.
Huawei is expanding its research and development staff in Russia. The company is planning to recruit more than 500 employees by the end of the year raising that number to 1,500 in the next five years.