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NIO announced on Aug. 27 that it plans to offer additional 75 million ADSs and grant the underwriters a 30-day option to purchase an excess of 11.25 million ADSs, according to a press release.
This week: Xiaohongshu launches digital art platform R-SPACE, Tencent gifts employees special NFTs, NDRC to consider punitive electricity prices for crypto mines, and more.
On Tuesday, a report released by the second-hand trading platform Zhuanzhuan Group showed that the proportion of 5G smartphones available in the second-hand market rose to 38.33% in 2021.
Faraday Future (FF) has added another chapter to its tumultuous history, as the company is rumored to be restructuring its organization and CEO Jia Yueting will step down as the firm’s leader.
China's Ministry of Transport on Tuesday released operation data for the domestic online ride-hailing industry in March. The state platform witnessed 539 million orders in March.
Dmonstudio, a women's clothing retail website, was closed last Friday after it was rumored to be operated by Beijing-based tech firm ByteDance, the parent company of TikTok.
On March 22, the Beijing Municipal Government issued its first batch of temporary license plates for autonomous vehicles to Baidu after completing series of pro...
Chinese electric car maker Xpeng Motors on Saturday officially announced the pre-sale price of its new lidar-equipped sedan, the P5.
Chinese home appliance maker Hisense reportedly planned to invest nearly $1 billion to acquire Siemens' Intelligent Traffic Systems (ITS).
Tencent Music Entertainment Group (TME) has reportedly obtained approval for a second public listing on the main board of the Hong Kong Stock Exchange (HKEx), issuing relevant documents on September 15.
The Daxing International Airport, Beijing’s new airport, was formally opened by Chinese President Xi Jinping on September 25.
On March 19, NVIDIA CEO Jensen Huang responded to the pricing issue of AI chips in an interview and emphasized the importance of the Chinese market.