
Flying Cars Encounter Turbulence: Kittyhawk to Shut Down while XPeng Increases Investment
Flying cars, as the intersection of automobiles, aviation and new energy, have attracted plenty of capital over the past few years.
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Flying cars, as the intersection of automobiles, aviation and new energy, have attracted plenty of capital over the past few years.
Telecommunications provider China Mobile is on track to surpass the most highly valued A-share listed company in terms of market capitalization following a steady six-month rise in its stock price.
China kicked off its 7th national census on Sunday, with about 7 million census takers knocking on doors using mobile apps for data collection for the first time.
Surface acoustic wave (SAW) filter manufacturer Zhangjiagang Sxsaw Electronic Technology Co., Ltd. announced Tuesday that it had completed an A+ round of financing worth 100 million yuan ($15.7 million).
ByteDance is in talks with major music labels to launch its own music streaming service, in an effort to go head-to-head with similar services such as Apple Music and Spotify.
Mogu Inc., a Tencent-backed fashion e-commerce platform, is laying off more than 30% of its staff. Layoffs have rocked China’s tech sector over the past month, affecting some of the country’s biggest tech companies.
JD.com, a Chinese e-commerce platform, released its Q2 financial report on Monday. Its net revenue in the second quarter was 253.8 billion yuan ($139.3 billion), a year-on-year increase of 26.2%.
The Cyberspace Administration of China, the National Development and Reform Commission and 13 other government departments jointly revised and issued the "Measures for Network Security Review" on Tuesday.
The United States Securities and Exchange Commission (SEC) added 12 China Concepts Stock companies to a delisting watchlist on Tuesday.
China on Thursday initiated a new pilot program related to the Internet of Vehicles, focusing on data security and identity authentication, aiming to advance the safety of the next generation technology.
Chinese internet giant Alibaba announced the establishment of a new subsidiary on Wednesday called Lingyang.
China's electric appliance giant Gree is planning to cancel the company's employee stock ownership plan, leading its total equity to shrink from 6.016 billion units to 5.914 billion units.