Tesla’s Shanghai Gigafactory Resumes Production
Following a temporary suspension of production due to the coronavirus outbreak, California-based EV-maker Tesla’s Shanghai gigafactory has resumed its normal business.
2/11/20201 min read
Category: Industry
Showing 12 of 6361 posts in this category
Downloads of China's Pilot e-CNY App Exceed 20 Million
Data from the app stores operated by Huawei, Xiaomi, OPPO, Vivo and other major Chinese smartphone makers show that the cumulative downloads of a recently released digital yuan mobile application have exceeded 20 million.
1/18/20222 min read
China's Autonomous Driving Industry Blooms as Large Investments Pour In
China's autonomous driving companies have been enjoying a period of growth recently, as massive capital injections from investors pour in.
2/26/20203 min read
Ant Group Develops Its Own Humanoid Intelligent Robots
Recently, recruitment platform information shows that Ant Group is recruiting for positions related to embodied intelligent humanoid robot systems and applications.
Huawei Launches Atlas 900, ‘The World’s Fastest AI Training Cluster’
At the 2019 Huawei Connect conference, the Chinese telecom giant announced the launch of what it claims is the fastest cluster for training artificial intelligence in the world.
Luckin Coffee Received $150 Million New Investment
Luckin Coffee announced today that it has received additional $150 million new investments based on the Series B-round financing that was completed in November 2018. The company was valued at $2.9 billion after the investment.
4/18/20192 min read
Chinese Variety Store Miniso Apologizes for Early Marketing as Japanese Designer Brand
On August 18, Chinese variety store Miniso issued a statement in which it apologized for earlier marketing efforts that presented the company as a "Japanese designer brand."
8/18/20223 min read
Alibaba invests $38.12 Million in UTour Group, Becomes Second Largest Shareholder
As of the close of December 8, UTour Group's share price was 4.88 yuan and its market value was 4.423 billion yuan.
12/9/20213 min read
Tencent-backed Game Livestreamer Douyu Posts Strong Revenue Growth in Q1 As Lockdowns Stimulate Users to Pay
Tencent-backed Chinese game-centric live streaming platform Douyu Tuesday reported a 53% year-on-year increase in its total net revenue to $321.1 million in Q1 2020.
5/27/20203 min read
Ant Group Spends $8.9 Million to Establish Info Tech Company
On Wednesday, Tianyancha revealed that a wholly-owned subsidiary by Ant Group was formerly established. The new subsidiary has been named Ant Suosuoshu (Hangzhou) Information Technology Co., Ltd.
China Literature Plans to Acquire Tencent Animation and Comics' Related Businesses and IP Assets
On December 11th, China Literature announced the acquisition of Tencent Animation and Comics' related business and IP assets for 600 million yuan.
Faraday Future Shines at CES, Struggles to Catch up With Tesla
Faraday Future announced on January 8 that its FF91 model completed a 250-mile long-distance road test at the Consumer Electronics Show (CES), held annually in Las Vegas.
1/8/20202 min read