Xiaomi Vice President Lin Shiwei: Company to Enter Auto Finance Sector Featuring In-car Payments
Lin Shiwei, the Vice President of Xiaomi, said in an interview that the company will enter the auto finance industry.
11/4/20212 min read
Category: Industry
Showing 12 of 6422 posts in this category
Alibaba's Taobao Moves to C2M Plan to Create 10 Billion Orders for Factories in China
Chinese e-commerce giant Alibaba Group's Taobao launched its consumer-to-manufacturer (C2M) system to bring 10 billion orders across China over the next three years.
3/26/20202 min read
MIIT Launches the Pilot Plan on the Application of New Energy Vehicle Power Swap Mode
The Ministry of Industry and Information Technology (MIIT) issued a notice today in regard to a pilot plan for methods of new energy vehicle power swapping.
10/28/20212 min read
ByteDance to Cut India Workforce due to TikTok Ban
Chinese tech giant ByteDance will trim its 2000-plus Indian team due to a recent ban New Delhi imposed on TikTok, the company announced on Wednesday. The firm has yet to specify just how many employees may lose their jobs.
1/28/20212 min read
LinkSure Literature - A New Unicorn Despite “Capital Winter”
LinkSure Literature, the online reading platform under LinkSure Network, has finalized its Series A round of funding, with investors led by Hopu Fund. After the financing, the valuation of the company has reached $1 billion, making it a new unicorn amid this year's “capital winter”.
12/26/20182 min read
Xiaomi-owned AirStar Bank Launches Pilot Trial of Virtual Banking Service in Hong Kong
Granted a virtual banking license by Hong Kong Monetary Authority on May 9, 2019, AirStar Bank is expected to officially begin operating in July 2020.
3/31/20201 min read
Papaya Mobile Withdraws IPO Application from Shanghai Science & Technology Innovation Board
Beijing Papaya Mobile Technology Co. recently rescinded its IPO application from the Shanghai Stock Exchange’s recently established science and technology innovation board.
JD.com Announces Renewed Strategic Cooperation With Tencent
JD.com, a leading Chinese e-commerce firm, announced on Wednesday that it has renewed a strategic cooperation agreement with Tencent for a period of three years.
ATRenew Extends Quarterly Profit Streak as Diversification Push Gains Stream
Chinese electronics recycling and trading major ATRenew on Monday extended its quarterly profit for the seventh straight quarter. Its first-quarter revenue grew up 27.1 percent to 3.65 billion yuan, meeting the top end of its guidance.
5/22/20244 min read
Meitu Under Fire After Investing $40M in Crypto
Meitu announced that it had purchased $22.1 million worth of Etherium (ETH) and $17.9 million in Bitcoin (BTC) via open market transactions on March 5.
3/9/20212 min read
Tesla Begins Early Delivery of Model 3 in China
Looks like Tesla consumers will be getting an early treat this month, as the company announced on Feb. 20 during a celebratory event in Beijing that it will be delivering the Model 3 in China at least a week earlier than expected.
2/22/20192 min read
HeyTea Partners With Artificial Meat Startup Starfield To Launch Veggie Burger
HeyTea is partnering with the Shenzhen-based food technology company Starfield to offer more vegetarian food options to customers.