Alibaba is on the heels of Amazon
Gap of Market Value between Alibaba and Amazon is Just 1.3% Narrowing Nearly 100 Billion Dollars in Past Two Months. By September 22nd, Amazon’s market value w...
Category: Industry
Showing 12 of 6361 posts in this category
Sogou Founder Builds New Startup to Research Large-scale Model
On April 10, Wang Xiaochuan, the founder of Chinese search engine Sogou, announced his foray into large-scale models by co-founding an artificial intelligence company called Baichuan Intelligence with former Sogou COO Ru Liyun.
Profit-driven iQIYI International App to Continue to Promote Chinese-language Content
On May 10th, iQIYI, a Chinese online video platform based in Beijing, held a forum at the 2023 iQIYI World Conference to showcase the development of its overseas business and share with its partners opportunities for collaboration.
5/12/20232 min read
Huawei’s Smartphone Market Share Under Threat, Analyst Ming-Chi Kuo Predicts
Ming-Chi Kuo predicts that Huawei’s competitiveness and smartphone market share will drop regardless of if the company gets its components.
8/31/20202 min read
“Mulan” Global Releases Postponed As COVID-19 Continues to Spread
“Mulan” will be postponed amid growing concerns about the COVID-19 outbreak, which has been declared a pandemic by the WHO this week.
Huawei Affirms Globalization Strategy at MWC 2022
During this year's Mobile World Congress (MWC 2022) held in Barcelona, Guo Ping, Rotating Chairman of Chinese telecommunications giant Huawei, delivered an online speech.
Cofounder of Chinese Hot Pot Chain Haidilao Resigns as CEO
Chinese hot pot restaurant chain Haidilao announced on Tuesday that its Deputy CEO and COO Yang Lijuan has now been named the new CEO.
Amidst Shifting Consumer Trends and Values, Fashion Industry Looks Towards Sustainable Future
The coronavirus outbreak has dealt a severe blow to most industries. The high energy-consuming, labor-intensive fashion industry, however, bears the brunt.
8/23/202015 min read
OPPO, Ericsson, and MediaTek Realize VoNR Voice and Video Calls, Boosting 5G Phone Experience
Oppo announced today that it has successfully conducted voice and video calls solely based on the next-generation 5G network.
4/8/20202 min read
Faraday Future Lays Off Half of Their Employees Amid Financial Troubles
The Chinese-invested and US-based electric vehicle producer Faraday Future (FF) is said to have laid off more than half of their employees and cut salaries for ...
10/31/20182 min read
China VC Weekly: E-sports, Autonomous Driving and More
Last week’s biggest VC fundraising announcements included the 180 million yuan investment raised by Bilibili E-sports, WeRide’s $310 million Series C, VISEN Pharmaceuticals' $150 million Series B, and the latest $46 million round raised by robot-maker Jaka.
1/18/20215 min read
US Court Approves Luckin Coffee's $460 Million Debt Restructuring
In the early morning of Friday, December 17th, Chinese coffee company Luckin Coffee's debt restructuring plan received recognition from a federal judge in Manhattan.
12/17/20212 min read