iQIYI goes public on NASDAQ at $18 per share
On March 29, iQIYI became officially listed on NASDAQ with the ticker symbol IQ. At $18 per share, it has raised a total of $2.25 billion. SEE ALSO: China’s Ne...
Category: Industry
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Alibaba Said to Release its Own 5nm ARM-Based Server Chip
Alibaba's ARM-based server chip, which has been developing since 2019, has finished tapeout in the middle of the year and may be released in the near future, according to several sources.
10/18/20212 min read
Embedded CPU Design Company C*Core Technology Listed on Shanghai STAR Market
Suzhou C*Core Technology Co., Ltd., an embedded CPU design company, was listed on the Shanghai Stock Exchange's STAR Market at an issue price of 41.98 yuan ($6.58) per share.
1/6/20223 min read
Kwai Becomes Second Highest Grossing Photo and Video App Globally in Q2 2019, TikTok Follows
Chinese short-video app Kwai (Kuaishou) managed to make it to the second place of the ranking with earnings approaching $78 million, a 57 percent year-over-year increase.
8/2/20192 min read
Huawei, Xiaomi Grow Smartphone Shipment While EMEA Market Slows Down
According to International Data Corporation's (IDC) latest Quarterly Mobile Phone Tracker, Huawei and Xiaomi grew their shipments by over 30 percent year on year, while the European volumes went down by about 3 percent.
Didi Senior Vice President Fu Qiang to Leave Company
Fu Qiang, senior vice president of Didi and CEO of the Urban Transportation and Service Department within the ride-hailing giant, will leave his post in the near future, and his next job is unknown.
3/3/20233 min read
Redmi Note 5: High Screen-to-Body Ratio with Double Cameras
Xiaomi has confirmed it will participate in the MWC 2018 conference, when it will unveil long-awaited new handset . But as the time approaches, news about Xiaom...
2/5/20182 min read
China's Car Services Specialist Dida Restarts Hong Kong IPO
Chinese shared car specialist Didi's smaller and similarly named rival, Dida, just filed for a Hong Kong IPO on February 20. The nine-year-old startup, which specializes in the business of carpooling with strangers, had failed two previous listing applications.
2/20/20233 min read
China’s Chang’e 5 Lunar Probe Successfully Returns to Earth with Moon Samples
On Dec. 17 at 1:59 a.m. (Beijing Time), China’s Chang’e 5 spacecraft successfully returned to earth and landed in Siziwang Banner in north China's Inner Mongolia Autonomous Region.
12/17/20202 min read
BOE's 6th-gen AMOLED Flexible Production Line Officially Starts Mass Production
According to a BOE announcement on Tuesday, the company's 6th generation AMOLED (flexible) production line project in the southwestern city of Chongqing has now begun mass production.
12/29/20212 min read
WM Motor’s Electric Car Bursts Into Flames, Again
An electric car from Chinese EV-maker Weltmeister Motor (WM Motor) caught fire on the road in Wenzhou, a city in eastern China, on September 23, WM Motor confirmed on its official Weibo account.
9/23/20192 min read
ByteDance's TikTok Shop Officially Launched in US
On November 10, news that TikTok Shop will be launched in US was finally confirmed. In order to register for TikTok Shop in the US, merchants will need to use a domestic mobile phone number and email address, or an existing TikTok account. An invitation code is also required.
11/11/20223 min read