Ganfeng Lithium and SVOLT Reach Strategic Cooperation
Ganfeng Lithium and SVOLT, a power battery manufacturer, announced on Wednesday that they have signed a strategic cooperation framework agreement.
6/30/20223 min read
Category: Industry
Showing 12 of 6375 posts in this category
Luckin Coffee and Moutai Jointly Launch the "Sauce Fragrance Latte"
On September 4th, Luckin Coffee officially announced a strategic partnership with Kweichow Moutai, becoming the first Chinese chain restaurant brand to establish such cooperation.
China Issues Regulation of Sharing Economy Companies, Maintains Crackdown on Monopolies
The Chinese government warned on Thursday that companies involved in the sharing economy need to comply with regulation and price their services properly.
6/4/20213 min read
Chinese Tutoring Firm TAL Education Sees 8.8% YoY Decrease in Revenue
Chinese private tutoring company TAL Education on Monday announced its unaudited financial results for the third quarter of fiscal year 2022 ended November 30, 2021.
2/22/20223 min read
Flexible Display Manufacturer Royole Initiates Layoffs
Flexible display maker Royole Corporation started a round of layoffs on Wednesday. This is the first round of large-scale layoffs at the company since it fell into a capital shortage crisis.
5/20/20223 min read
Hesai Technology's AT128 Lidar Sensor to Begin Mass Production and Delivery in H2 2022
Hesai Technology, a firm specializing in lidar solutions for autonomous and assisted driving, announced Thursday that its AT128 lidar will begin mass production in the second half of 2022.
4/1/20222 min read
Co-working Giant Files for Bankruptcy in the US, WeWork China Responds
WeWork China says it will not be affected by WeWork's bankruptcy filing in the US.
Luckin Registers $6 Million Worth of Assets as Collateral for Funding
Luckin Coffee, the Beijing-based Starbucks challenger, registered RMB 45 million ($6.7 million) worth of movable assets as collateral to Zhongguancun Sci-Tech Leasing, according to the National Enterprise Credit Information Publicity System.
4/3/20192 min read
Electrolyte Water in Short Supply After China Adjusts COVID Policies
With the adjustment of COVID-19 prevention and control policies in many cities in China, in addition to a wave of panic buying of cold medicines, some food products have become unexpectedly popular recently, such as canned yellow peaches and electrolyte water.
12/13/20224 min read
How National Chinese Watch Brand Transforms its Sales Model under New Ecommerce Era
Seagull Watch is the world's largest manufacturer of mechanical watch movements, producing one-quarter of total global production by volume.
9/5/20203 min read
PDD Says It Needs to Invest More on Innovation, Warns Profit Levels Not Sustainable
PDD Holdings, the multinational commerce group that operates the Pinduoduo and Temu platforms, said that it’s unlikely to sustain current profitability with planned increases in technology investments amid intense industry competition.
11/28/20223 min read
Jack Ma Foundation Publishes Handbook to Share COVID-19 Frontline Lessons
The Jack Ma Foundation and Alibaba Foundation are today sharing some key lessons and experiences from doctors who were at the frontline of COVID-19 treatment in China.
3/18/20202 min read