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Blackstone (Shanghai) Private Equity Fund Management Co., Ltd., a subsidiary of the global asset management giant Blackstone, has recently expanded its Shanghai offices.
WeChat Pay launched the 'Learn First, Pay Later' feature. As long as your WeChat Pay score exceeds 600 points, you can 'attend classes first and pay later'.
On December 12th, SVOLT announced its 'SVOLT 2024 Strategy', which includes product leading strategy, SVOLT speed service, and AI intelligent manufacturing strategy.
Recently, William Li, the CEO of NIO, stated in an interview that there is no bet agreement between NIO and the government of Hefei. It has been 'overinterpreted'.
In a landmark moment for China's space exploration, Beijing iSpace Technology Co., Ltd., a leading space launch company, successfully executed the second flight test mission of its SQX-2Y reusable liquid oxygen-methane verification rocket on Dec 10.
On December 8th, the HeyTea Broadway store in New York officially opened for business, marking the official launch of HeyTea's development in the US market.
On December 9th, Richard Liu, the founder and chairman of JD.com, replied to employee comments on the company's internal network, stating that JD.com must change or there will be no way out.
Tesla is planning to resume the construction of its third phase automobile factory in Shanghai and will begin selling energy storage battery products produced in Shanghai next year.
NIO executive Ma Lin retweeted Li Xiang's Weibo post, indicating that the advertising expenditure for three models of Li Auto's vehicles on Douyin platform this year should be around 90 million yuan.
Kuaishou, the popular Chinese short-video platform, announced extensive restructuring across its main site, e-commerce, and commercialization operations.
ByteDance, the parent company of TikTok, is allegedly proposing to repurchase approximately $5 billion in shares from investors, a move that would value the company at around $268 billion, according to two sources familiar with the matter, per Reuters.
Chinese EV maker NIO is planning to separate its battery production unit as part of its strategy to become more profitable, according to anonymous sources cited by Reuters.
On December 6th, XPeng Motors announced that Volkswagen's investment in XPeng has been completed, with a subscription amount of approximately $705.6 million.
