Tech giant Baidu revealed on Oct. 10 that it has become the top domestic platform for users to obtain services during the 8-day long national day holiday.
Chinese autonomous driving company WeRide offered hundreds of passengers their first-time robotaxi rides through the WeRide Go App and Alibaba’s Amap within the 144-square-kilometer operating area in Huangpu District in Guangzhou during the 8-day national day holiday.
Chinese ride-hailing and carpooling startup Dida Chuxing on Oct. 8 filed for an initial public offering on the Hong Kong Stock Exchange, sponsored by Haitong International Capital Ltd. and Nomura International (Hong Kong) Ltd.
Rokid will join hands with the Archaeological Ruins in Liangzhu City in October to bring visitors an AR + AI experience through its Rokid Glass 2.
Leading Chinese ride-hailing company Didi Chuxing on Sept. 29 issued an announcement stating that Sept. 30, Oct. 1 and Oct.7 are the three days with the most ride-hailing calls in 2020, with Sept. 30 being the peak due to the upcoming National Day Holiday.
Leading artificial intelligence company Baidu on Sept. 30 announced that its Smart Living Group (SLG) has entered into definitive agreements with CPE, Baidu Capital and IDG Capital for Series A financing at a post-money valuation of approximately 20 billion yuan ($2.9 billion.)
Chinese internet giant Sina announced on Sept. 28 that it would go private and delist its US shares, ceasing to trade on Nasdaq where it went public in 2000, after an entity led by Charles Chao, the chairman of Sina, boosted its offer for the company to $43.3 a share in cash.
Leading smart device brand OPPO on Sept. 26 helped top junior tennis players connect a video call with the Roland-Garros Tournament Director Guy Forest via the OPPO Find X2 Pro to discuss how technology continues to change the world of tennis.
Life sciences company BioMap was formally announced on Sept. 25, led by Baidu CEO Robin Li as chairman and Baidu Ventures (BV) CEO Liu Wei as co-founder and CEO.
Volvo joined hands with Chinese tech companies including Alibaba’s AutoNavi and information tech company iFlyTek to launch its first pure-electric SUV XC40 RECHARGE on Sept. 26.
Xpeng Motors announced free supercharging benefits and a battery leasing plan for customers as well as debuted its air-enabled tech at the Auto China 2020.
Chinese video platform Bilibili has completed its strategic investment in media company Huanxi Media, subscribing for 347 million additional common shares issued by Huanxi Media.
American shared workspace provider WeWork’s Chinese unit secured a $200 million investment led by Trustbridge Partners.
Fortune recently released the Change the World list for 2020 with Chinese tech giant Alibaba ranking second.
Chinese online electronics recycling platform Aihuishou on Sept. 22 renamed the group “All Things Renew” and announced to have completed an E+ round of financing at the brand upgrade conference in Beijing.