SAIC Motor Corp. Ltd reached an agreement to buy 28.92% of the share of car rental service provider Car Inc at the price of HK$ 1.9 billion.
Luckin Coffee Inc. said Thursday that its co-founder Charles Zhengyao Lu will remain chairman, after the board of directors failed to oust him.
Workforce operations platform Quhuo Limited (QH) announced it had filed a registration statement with the US Securities and Exchange Commission (SEC).
Luckin Coffee announced Wednesday that an internal investigation of its financial misconduct found the company inflated its 2019 net revenue by approximately 2.12 billion yuan ($300 million).
The plant-based burger company Beyond Meat, Inc. said on Tuesday that it would debut retail sales of its products in mainland China in partnership with Alibaba’s Freshippo supermarkets.
Chinese condiment giant Guiyang Nanming Lao Gan Ma Flavored Food Co., Ltd. said on Tuesday it never had any commercial cooperation with Tencent.
The Indian government announced today it would ban 59 apps developed by Chinese firms as border tensions grow between the two countries.
Chinese online learning platform Zuoyebang raised $750 million, showing continued investor interest in China’s education technology market.
Four teams of international scientists and four teams of Chinese agricultural experts entered the final round of the Duoduo Smart Agriculture Competition.
Chinese video sharing website Bilibili called All the Videos You Love released a brand new video on YouTube, getting overseas exposure.
Chinese electric vehicle and technology company Xpeng Motors began to deliver its battery-powered coupé Xpeng P7.
Share of Agora Inc, a platform that allows customers to embed voice and video in their applications. rose 145% to $49.19 after its IPO.
While Microsoft announced on Friday to permanently close its physical stores in the US, Australia, and etc, it will continue running its stores in China.
A delivery driver of Alibaba-owned food delivery platform Ele.me tested positive for COVID-19 on Sunday, raising concerns about further spread of the disease in Beijing.
Pepsi said its products are safe though one of its branches in Beijing has confirmed 12 COVID-19 diagnoses.