Beijing to Promote Development of Live and Social Commerce
The government will now support what it sees as healthy and sustainable development of new business formats and models such as livestream e-commerce and social commerce.
9/18/20212 min read
Category: Industry
Showing 12 of 6361 posts in this category
TikTok Inks Cooperation With Atmosphere to Broadcast Short Videos on Large Public Screens
TikTok, the popular short video platform owned by Chinese tech giant ByteDance, has reached a cooperation with Atmosphere to broadcast short videos on large screens in airports, hotels and restaurants.
1/7/20222 min read
Chinese Artist Group to Debut at Burning Man 2019
A group of Chinese artists are bringing seven massive trumpet-shaped towers from China to a desert in Nevada, U.S. to take part in Burning Man.
8/23/20193 min read
Bitcoin Mining Machine Company Canaan Files for IPO
Canaan, a Hangzhou-based company that produces Bitcoin mining machines, has filed for an IPO on the NASDAQ under the ticker symbol “CAN” and is seeking to raise up to $400 million in capital.
EV Maker Li Auto to List on Hong Kong Stock Exchange, Sources Say
On Friday, media reports suggest that Li Xiang One had filed for listing on the Hong Kong Stock Exchange in May. The listing follows Xpeng Motors' method of a dual listing, one in Hong Kong and the other overseas. Goldman Sachs one of the underwriters of the deal. Li Xiang One did not respond.
7/16/20212 min read
Haomo.AI and NavInfo Reach Strategic Cooperation Agreement
Beijing-based automated driving company Haomo.AI signed a strategic cooperation agreement on September 5 with NavInfo, a Chinese digital map developer.
9/9/20222 min read
Douyin Begins to Explore New Food Delivery Model
Users of Douyin, the Chinese mainland version of TikTok, can now purchase combo meal delivery services from restaurants through the platform.
Xiaomi to Proceed with $77.4M Acquisition of Autonomous Driving Startup Deepmotion, Affirms Chip Shortage is "Manageable"
Xiaomi Inc. outlined plans to continue its advance into the competitive field of autonomous vehicles and expressed confidence in its ability to overcome challenges posed by the ongoing global chip shortage.
8/26/20213 min read
SF Express Subsidiary to Carry Out Trial Operation of Regional Logistics Drones
Shipping firm SF Express announced on Tuesday that SF UAS, a logistics drone operator and R&D institution, had obtained a trial operation license and business license for regional logistics unmanned aerial vehicles (UAV).
1/25/20222 min read
2018 Fin-Tech Fundraising Round-up: Chinese Companies Raised 83% of the Capital
In the first half of 2018, China's fin-tech enterprises raised around 230 billion yuan ($35 billion), over 80 percent of the global total, and three giants took...
7/23/20184 min read
Chinese EV Manufacturer Li Auto Goes Public on Nasdaq with Share Price Surging 43.13% on First Day, Market Cap Briefly Beats NIO
Chinese fast-growing electric vehicle maker Li Auto kicked off trading on July 30 on the Nasdaq Global Market with its share price soaring 43.13% from its IPO price of $11.5.
How The Pandemic Is Changing China’s Fitness Industry
By offering virtual fitness lessons, pre-recorded workout videos or remote one-on-one coaching during the pandemic, many fitness platforms believe these actions may permanently change the landscape of the industry.
8/6/20207 min read