Chinese passenger drone manufacturer EHang expects to raise $100 million in the coming IPO.
For Seeed Studio, the company catering to the global community of makers from its headquarters in Shenzhen, agriculture is the latest idée fixe.
On October 24, the company behind the fitness app Keep started a big round of layoffs, according to 36Kr.
On October 25, Didi Chuxing submitted a safety upgrade report to China’s Ministry of Transport upon completing a year-long industry-wide safety revamp process.
On October 25, the stock price of Pinduoduo, a new Chinese e-commerce star, soared by 12.62% to $39.38, reaching an all-time high.
On October 24, celebrated in China as the programmers’ day due to the reference to the number 1024, XPENG Motors held a joint Tech Day with Tsinghua University.
With the trade war raging on and the Chinese tech ecosystem reaching maturity, the journey to the west that every half-successful local CEO saw as a prerequisite for global success now feels redundant.
Meituan-Dianping, China’s king of food delivery and lifestyle services introduced a new service succinctly named Meituan Voice in cooperation with the Chinese Association of the Blind.
The Paper has learned from the team of Xiaohongshu (aka Red) that the app has been re-launched in several Android app stores.
On October 14, reporters from Chinese media 21Tech met with the new global CEO, Carsten Breitfeld, in FF’s Beijing office to discuss his vision for the company and Jia Yueting’s bankruptcy announcement.
Faraday Future announced that in order to solve the problem of personal debt, the founder and CPUO of the company, Jia Yuetin, applied for personal bankruptcy restructuring (Chapter 11) in the United States.
Despite announcing on October 8 on Weibo that the NBA preseason broadcast would be suspended amidst the ongoing controversy, Tencent Sports resumed broadcasts of certain games.
During the 8th Lingnan Forum held in Guangzhou on October 12, He Xiaojun announced that the Macau Stock Exchange plan has been reported to the central government.
Smart cities and smart transportation are what Chinese tech giants have been obsessed with since AI, 5G and IoT turned from hackneyed buzzwords to everyday reality.
The New Energy Auto Show slated to be held in Shanghai from October 30 to November 1 was suddenly postponed as Chinese media confirmed on October 10.