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Chinese coffee company and coffeehouse chain Luckin Coffee Inc. has reached a $175 million settlement in its shareholder class-action lawsuit.
On the morning of February 17, Liang Rubo, CEO of Beijing-based internet technology company ByteDance, sent an internal letter to all employees, saying that he would adjust the cycle of setting and reviewing of performance targets from bimonthly to quarterly.
Chinese video streaming platform Bilibili is set to raise HK$20.2 billion ($2.6 billion) from a secondary listing in Hong Kong, the company confirmed.
Wu Kai, chief scientist at CATL, said at the 2022 World EV & ES Battery Conference on Thursday that the CTP 3.0 battery, or Kirin battery, will soon be released.
Zhejiang-based EV maker Hozon Auto has launched a Series C financing and plans to kick off trading on the Sci-Tech Innovation Board in 2021.
Beijing-based social media platform Weibo became the sixth Chinese company to be added to a delisting watchlist by the U.S. Securities and Exchange Commission (SEC) on Wednesday.
Baidu Capital, a fund jointly launched by Beijing-based internet giant Baidu, Inc. and China Life Insurance Company, on August 25 appointed Li Xiaoyang as the new CEO.
Leading Chinese ride-hailing company Didi Chuxing on Sept. 29 issued an announcement stating that Sept. 30, Oct. 1 and Oct.7 are the three days with the most ride-hailing calls in 2020, with Sept. 30 being the peak due to the upcoming National Day Holiday.
On June 23rd, Kuaishou, a Chinese short video company and rival of TikTok, held a strategic cooperation conference in Beijing with Voice of China, a state-owned company. Kuaishou obtained the rights to broadcast the 2020 Tokyo Olympic Games and the 2022 Beijing Winter Olympics on its short video platform.
Chinese Internet behemoth Baidu today announced its plan to partner with auto manufacturer Zhejiang Geely Holding Group, establishing a company that will produce intelligent electric vehicles (EV).
On January 2nd, Chinese tea brand Mixue and Goodme simultaneously submitted their Kapbook to The Stock Exchange of Hong Kong.
On March 21, 2023, Huya Inc., a leading game live streaming platform in China, has released its 22Q4 and full year financial results, achieving steady quarterly and yearly user scales, with its 2022Q4 total net revenues in line with market consensus.