Chinese Long March 8 Rocket Sends 22 Satellites to Space
China successfully launched a Long March 8 rocket on Sunday morning at 11:06 a.m., aiming to place 22 new satellites in space.
2/28/20222 min read
Category: Industry
Showing 12 of 6361 posts in this category
Race for Dominance in China’s Electric Car Industry Heats Up Amid Flurry of Tie-ups between Tech Giants and Automakers
The race to become the leader of clean energy vehicles in the world’s largest auto market is on, with more and more tie-ups established between China’s tech giants and traditional automakers.
2/22/20215 min read
Porsche Recalls 94 Cayennes Due to Risk of Losing Control
The State Administration for Market Regulation said in a statement on Friday that Porsche (China) Motors Ltd. has recalled 94 2018-2021 imported Cayenne cars, made from December 5, 2017 to February 10, 2021, as is required by relevant regulations regarding the management of defective cars.
7/23/20212 min read
Alibaba Replaces Manager of Second-Hand Goods Platform Xianyu
Jin Ke, the general manager of Xianyu, a second-hand goods platform owned by Alibaba Group, was officially transferred to AliExpress last week. At present, Alibaba Vice President Liu Bo is directly responsible for Xianyu.
3/31/20222 min read
Volvo Announces Tie-up with Didi Chuxing to Develop Self-driving Test Fleet, Launches Revamped XC60
Swedish carmaker Volvo Cars announced on Monday that it has signed a deal with China’s largest ride-hailing platform Didi Chuxing to develop autonomous driving cars for a robotaxi fleet.
4/19/20213 min read
Kingsoft Cloud Updates IPO Prospectus, Kingsoft Group and Xiaomi Could Buy $75 Million in ADS
Kingsoft Cloud filed an IPO prospectus update with the US Securities and Exchange Commission (SEC) showing that the company will issue 25 million American depositary shares.
Huawei to Invest in Chang’an NIO?
On Sept. 16, a source said that Huawei may take a stake in Chang’an NIO, a joint venture between Chang’an Auto and leading domestic EV maker, NIO. According to people familiar with the matter, Huawei may not necessarily supply a capital contribution but may invest through its funds instead.
9/16/20203 min read
Pinduoduo signs MoU with Denmark, Aiming to Bring More Danish Products to Chinese Consumers
Chinese interactive e-commerce platform Pinduoduo Inc. signed a memorandum of understanding with the Royal Danish Consulate General in Shanghai on Thursday.
11/6/20202 min read
ByteDance Raises VR Equipment Sales Target
Beijing-based technology firm and TikTok owner ByteDance has raised its 2022 sales target for virtual reality (VR) products from 1 million units to about 1.8 million units.
Tesla is Looking to Build Major Engineering Team in China
Tesla is reported to be putting together “a major engineering team in China.”
9/25/20192 min read
Alibaba Reportedly Shutdowns Overseas Platform UC News to Shrink Content Globalization Strategy
Alibaba Innovation said it will continue exploring and developing overseas business despite that reportedly it has shut UC News' operations.
Tencent Fires A 47-Year-Old Front-End Expert
Tencent's highest front-end developer, Stone Hang, who had been with the company since 2005, was unexpectedly fired this January at the age of 47. The news, which was first reported on Xiaohongshu, a popular life-sharing platform in China, surprised many netizens.
3/13/20232 min read