Richard Yu Says Huawei’s Market Share Has Exceeded Apple, While its Margin is Too Low
Huawei's client servicing CEO Richard Yu said the current mobile phone market has yet to reach equilibrium: most brands will die out, and three or fewer will su...
Category: Industry
Showing 12 of 6375 posts in this category
Intel Establishes Parallel Computing Center at Nanjing University
Intel and Nanjing University announced the joint establishment of an Intel Parallel Computing Center (IPCC) at Nanjing University on Sept. 12. The new artificia...
Chinese Fintech Giant Lufax Files for US IPO
Lufax, one of China’s biggest wealth management platforms, filed for an initial public offering in the US on Thursday.
NetEase Cloud Music and Kuaishou Music Reach Cooperation
On December 27, NetEase Cloud Music announced that it had reached a framework for cooperation with Kuaishou Music in the fields of copyright, song promotion and musician co-development.
12/27/20222 min read
Chinese Lifestyle Brand Platform Onion Global Debuts on NYSE
Known as the first Chinese e-commerce platform for lifestyle brands, Onion Global on May 7 formally went public at the New York Stock Exchange under the ticker symbol "OG", offering 12.5 million American depository shares (ADS) and achieving the maximum increase of more than 57%.
5/10/20214 min read
ByteDance's VR Brand PICO to Release New Products
PICO, a VR brand acquired by ByteDance last year, announced on September 19 that it will hold a global new product launch event on September 22, as well as another launch event just for China on September 27.
9/20/20224 min read
China VC Weekly: Digital Content, Metaverse and More
In last week’s VC news, digital interactive content development platform Cocos bagged $50 million from GGV Capital and others, SwooshTransfer added “millions of dollars” to its total fundraising pool, and more.
4/12/20228 min read
Shanghai Becomes Biggest Powerhouse for 5G Talents in China
Shanghai has become China’s biggest powerhouse for 5G wireless technology talents, according to a report by the online recruitment platform BOSS Zhipin.
Chinese Battery Leader CATL Invests 24 Billion Yuan in Expansion of Sichuan Factory
CATL, China's leading producer of EV batteries, announced on Thursday that it planned to invest in the construction of a new power battery production base in Yibin, Sichuan Province, with a maximum value of 24 billion yuan ($3.76 billion).
12/31/20213 min read
Here Is How Ucommune Could Beat WeWork Hollow
As Asia’s biggest office space provider Ucommune is preparing to repeat its rival’s miscarried feat, the question arises as to what it can offer that WeWork couldn’t.
China NFT Weekly: WeChat's Big Move
This week: Bilibili launches first NFT series "Dovthe," e-CNY will enter WeChat Pay, GameStop shares surge on plan to enter NFTs, and more.
1/7/20227 min read
Haidilao to Adopt Rotating COO Plan, Streamline Board of Directors
Haidilao, a Chinese hot pot restaurant chain, announced on September 21 that it plans to implement a rotating Chief Operating Officer plan. Regional managers, leaders of functional departments, and directors of committees will all eligible to participate if they meet certain conditions.