Tencent and JD.com Become Vipshop Shareholders with $863M Investment
Tencent, JD.com and Vipshop announced that Tencent and JD.com would invest US $863 million in Vipshop. After investment, JD.com is making a leap toward its goal...
Category: Industry
Showing 12 of 6361 posts in this category
Xiaomi Mi MIX 4 BYD Official Edition Launched, Priced at $908
BYD Auto Store launched the Xiaomi Mi MIX 4 BYD Official Edition on Friday, which will go on sale on November 29th.
11/26/20212 min read
Ant Group's Secret Flow Data Security Framework Made Open-Sourced
On July 4, Ant Group announced that it has officially open-sourced a trusted privacy computing framework for global developers called "Secret Flow."
Chipmaker SMIC to Invest $3.655 Billion in Establishment of Joint Venture in Shanghai
SMIC announced at the Hong Kong Stock Exchange on Friday that SMIC Holdings, National Integrated Circuit Industry Investment Fund Phase II and an investment institution have agreed to set up a joint venture (JV) in Shanghai.
11/12/20212 min read
Jack Ma Sets Up Entrepreneur Training Institute in Indonesia
During the 2018 Annual Meetings of the International Monetary Fund and the World Bank Group on Oct. 13, Jack Ma, Executive Chairman of Alibaba Group, stated tha...
10/15/20182 min read
Tencent Video Denies Cooperation With Kuaishou on Long-Form Videos
On July 19, Tencent Video issued a statement denying reports of its strategic cooperation with short video streaming platform Kuaishou on the secondary creation of long-form videos.
7/19/20222 min read
Xiaomi May Suspend Semiconductor Development
Xiaomi began developing their own semiconductors as early as 2017, but two years after the initiative began it seems it may have run its course.
3/19/20201 min read
Didi to Enter Automobile Manufacturing Business: Report
A range of Chinese media outlets reported on Tuesday that Didi Chuxing is expected to start its own automobile manufacturing business. One report from _LatePost_ (https://www.latepost.com/news/dj_detail?id=575) further revealed concrete details on plans to have the company’s Vice President Yang Jun lead the new venture while the team actively recruits from major domestic auto manufacturers.
4/7/20212 min read
SenseTime to Start Offering Shares, 1.5 Billion Share Issuance to Raise Up to $769.18 Million
Chinese artificial intelligence startup SenseTime will begin offering shares on the exchange on December 7.
12/6/20213 min read
CATL Has Established A Team to Independently Develop Industrial Robots
CATL has set up a team in Shanghai to independently develop industrial robots and plans to invest in humanoid robot companies.
Chinese Companies Sue Amazon Over Bans for Paid Reviews
Chinese companies have filed a class action lawsuit against Amazon on September 13, accusing the platform of illegally banning and withholding funds on the grounds of paid reviews.
9/30/20213 min read
China’s EV Race Gets More Serious as Tesla Strengthens its Foothold
Tesla is on track to topple BYD as the world's largest NEV manufacturer. To make things worse, now that Tesla has a factory in China, its low-end products are priced almost at the same level as BYD's high-end products.