Cargo Delivery Company Lalamove Raises $515M in Series E Financing
On-demand delivery company Lalamove announced Wednesday to have completed its Series E round of financing, raising $515 million.
12/23/20202 min read
Category: Industry
Showing 12 of 6361 posts in this category
Former Head of Alibaba's Online Storage Platform Joins ByteDance's Feishu
Qi Junyuan, the former head of Alibaba's online storage platform and founder of Teambition, a digital collaboration platform, has recently joined Feishu, an office communications platform operated by ByteDance.
1/11/20233 min read
Ford Establishes Stand-alone China Business Unit
Ford Motor Company, American multinational automaker based in Michigan, announced On Oct. 23 that it has established an independent China Business Unit that rep...
10/25/20182 min read
Baidu Responds to News Regarding Holdings in JiDU
In response to the recent news regarding "Baidu wholly owns JiDU, while Geely withdraws" on Thursday, Baidu said it was a normal adjustment based on the business development of the company.
6/30/20222 min read
Baidu Sued fenbi.com and Related We-media
According to Netease Technology on August 22, Baidu has formally initiated law proceedings in Beijing Haidian District People's Court against Xiaolong Zhang, th...
Baidu Posts First Quarterly Loss Since IPO
This Thursday on May 16, Baidu Inc. released its unaudited first quarter financial results for the quarter ended March 31, 2019.
AI Firm DeepGlint Debuts on Shanghai Stock Exchange
Artificial intelligence firm DeepGlint was officially listed to the Shanghai Stock Exchange on Thursday under ticker symbol "688207," with an issue price of 39.49 yuan ($6.22) per share.
3/17/20223 min read
China's Leading Chipmaker SMIC Sees Q4 Revenue Increase 53.8% YoY
On Thursday, Chinese chipmaker Semiconductor Manufacturing International Corporation (SMIC) released its latest performance report.
2/11/20222 min read
Weiye Chen: Xianyu the Third Trillion Worth Platform for Alibaba
The Xianyu 2017 Strategic Conference was held in Beijing on November 16. The company is the third trillion worth platform that Alibaba has developed after Taoba...
11/18/20172 min read
TikTok Owner ByteDance Invests $25M in Self-Driving Startup QCraft: Report
Chinese tech giant ByteDance, owner of TikTok and its Chinese counterpart Douyin, has reportedly invested in autonomous driving startup QCraft Inc.
3/5/20213 min read
Tencent Responds to Reports of $14.5B Stock Divestment Plan
After Tencent clarified rumors that it will sell all or most of its shares in Meituan, there are now market reports that the Shenzhen-based tech giant plans to reduce its stock investments in listed companies by 100 billion yuan ($14.49 billion) this year.
9/2/20222 min read
EV Maker Xpeng Rakes in $400 Million in Series C Funding, Xiaomi Joins as Investor
Chinese EV upstart Xpeng Motors announced on November 13 the signing of a Series C capital funding of $400 million from a group of strategic and institutional investors.
11/13/20193 min read