Keep becomes China’s largest social sports platform
On August 13, Keep, China’s sports APP, announced that the number of registered users broke 100 million, which marked that Keep had become a member of mobile In...
Category: Industry
Showing 12 of 6361 posts in this category
Movie Box Office Sales During China's Spring Festival Holiday Reach $992M
According to Dengta, a Chinese movie data platform, the total box office proceeds from movies debuting during this year's Spring Festival holiday reached 6.734 billion yuan ($992 million), ranking second in Chinese film history and exceeding the 6.039 billion yuan recorded in 2022.
Didi to Form JVs with Volkswagen and Other Car Makers as Part of D-Alliance
On the evening of April 30, in response to the rumor of a new joint venture with Volkswagen, Didi Chuxing confirmed that it is in discussions with Volkswagen, B...
5/2/20182 min read
Skyworth and Skywell Introduce New Auto Brand, Aiming to Enter Crowded Electric Vehicle Market
Leading new energy automobile company Skywell held a meeting in Beijing on Tuesday to officially release a new auto brand – Skyworth Automobile.
4/28/20215 min read
Tesla Battery Supplier LG Chem Expects Revenue to Reach $25.26 Billion in 2025
Hak Cheol Shin, CEO of Tesla’s battery supplier LG Chem, recently predicted that their battery business revenue will double by 2025.
Chinese Companies Among Best Performers in California DMV’s Autonomous Vehicle Disengagement Reports for 2019
On February 29, the California Department of Motor Vehicles issued a series of “2019 Autonomous Driving Disengagement Reports.”
3/2/20202 min read
Toutiao Fights Back by Suing Tencent for 90 million
Last week, Tencent filed a lawsuit against Toutiao asking for a token compensation of 1 yuan, or 15 cents USD. A week later on June 1st, Toutiao filed a lawsuit...
Meituan Q3 Revenue Reaches $7.6 Billion; Annual Transacting Users Reaches 667.5 Million
On Friday, Meituan released its financial results for the third quarter of 2021 as of September 30, 2021. The report shows that the company's revenue reached 48.829 billion yuan ($7.6 billion), an increase of 37.9% over last year.
11/26/20213 min read
MissFresh Partners with Tencent to Accelerate Digitalization for Grocery and FMCG Retailers
MissFresh has recently partnered with Tencent to bolster its Retail Cloud services and ensure that its retail partners would be able to jumpstart their online business and operate more efficiently.
7/27/20213 min read
Luckin Coffee Continues Trading After Receiving Delisting Notice from Nasdaq
Luckin Coffee resumed trading on Nasdaq today after announcing that on May 15, 2020, it had received a written notice from the stock market’s Listing Qualifications Staff that its securities were determined to be delisted from Nasdaq.
5/20/20202 min read
NiuTrans Adds 84 Languages to Translation Database in Support of China's Belt and Road
NiuTrans, a machine translation system that supports most major languages in the world, has recently added 84 new languages to its database, bringing the total to 388. The new languages in NiuTrans are expected to cover more than 120 million native speakers.
Debt-Ridden LeEco Implements 4.5-Day Weekly Work Model
On January 3, the first work day of 2023, CEO of Chinese tech firm LeEco Zhang Wei issued a letter to all employees, announcing that a 4.5-day working system would be implemented the following day, giving all employees a flexible half-day every Wednesday.