Li Auto’s US IPO Gets Fully Subscribed
NIO’s domestic rival, Beijing-based electric vehicle startup Li Auto’s initial public offering in the US has been fully subscribed for a whopping $950 million, Reuters’ IFR reported.
7/29/20202 min read
Category: Industry
Showing 12 of 6361 posts in this category
Baidu Plans to Launch Apollo Go Robotaxi Service in Hong Kong
Baidu Apollo Go plans to launch robotaxi service in Hong Kong, which will also be its first business outside the mainland market.
Huawei respects Best Buy decision to stop selling Huawei phones
According to CNET, a person close to the situation said that U.S. electronics retailer Best Buy has stopped selling Huawei smartphones. SEE ALSO: Chinese Smart...
3/23/20182 min read
Chinese Tourists Bring Alipay Overseas
When shopping in China there's no need to bring your wallet, most people use their phones to pay, regardless of if you are buying a piece of gum or a new car.
Chengmandian Wins Nearly $12.5 Million in First Phase of Round A Financing, Led by Yingke PE
Anhui Chengmandian Energy Technology Co., Ltd. completed the first phase of a Pre-A round of strategic financing totaling 80 million yuan ($12.5 million), with Yingke PE leading the investment.
12/30/20212 min read
Tesla Encourages Chinese Suppliers to Build Factories in Mexico
According to a report by 36Kr, Tesla is said to be mobilizing numerous Chinese supply chain firms to establish factories in Mexico.
Former Meizu CMO Yang Zhe Joins Xiaomi as VP and China CMO
Xiaomi today announced the appointment of Yang Zhe, also known as Jeffery Yang, as Vice President and Chief Marketing Officer (CMO) of its Chinese division.
6/2/20202 min read
Xiaomi Sees Annual Decline in Q3 Net Profits and Revenue, Car Production Ran Smoothly
Xiaomi released its financial report for the third quarter of 2022 on November 23. Its revenue in the period was 70.47 billion yuan ($9.87 billion), down 9.7% year-on-year. Net profits were -1.476 billion yuan, while adjusted net profits were 2.117 billion yuan, down 59.1% year-on-year.
11/24/20224 min read
Huawei Wants to Construct First Fiber-Optic Cable Between Asia and South America
Huawei Technologies said on August 28 that it was "very actively" interested in building the first undersea fibre-optic cable between South America and Asia, Reuters reports.
8/29/20192 min read
Lenovo's Comment On Sino-U.S. Trade War Sparks Anger Across Chinese Social Media
Chinese multinational technology firm Lenovo stated that it can shift production to other countries if the U.S. slaps additional tariffs on China.
5/24/20192 min read
Nadagdagan ng Gaojun Capital ang mga paghawak nito sa Xiaopeng at Lee
<p>Ang HHLR Advisors, isang kumpanya ng pamamahala ng pamumuhunan na nakatuon sa pangalawang merkado sa Hillhouse Capital, ay naglabas ng impormasyon tungkol sa portfolio ng stock ng US para sa ikaapat na quarter ng 2021.</p>
2/15/20223 min read
Douyin Real Estate Is Undergoing New Structural Adjustments, Transitioning to Online Business
Douyin Real Estate underwent a new round of structural adjustments in February, fully transitioning to online business.