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A consortium led by Centurium Capital, a Beijing-based investment company, now owns more than 50% of domestic beverage chain Luckin Coffee, which was previously plagued by a series of scandals.
Evergrande Group has moved out of its headquarters building in Shenzhen, and that the building has removed branding that displays "Evergrande Group."
ForwardX Robotics, a leading mobile robot company, announced its completion of round C financing totaling nearly 200 million yuan ($31.4 million).
Internet fitness company Keep Inc. raised the single largest fundraising round in the world's Internet fitness industry, with Goldman Sachs leading the $127 mil...
China's internet giant Baidu published a report said the search trends for epidemic-related issues has been reduced by 91% compared to late January.
Malaysian Prime Minister Mahathir Mohamad started his closely watched China tour on August 17th and visited Alibaba the next day on his first official trip to C...
Douyin e-commerce recently launched an app called "Douyin Shopping Mall". This is the first comprehensive independent e-commerce platform launched by Douyin e-commerce outside of the Douyin app.
Tencent Music Entertainment Group on Monday announced its 2021 Q2 financial report, showing net profits attributable to equity holders of the company reaching 1.12 billion yuan ($173 million), a decrease of 12% year-on-year.
A Chinese tech industry blogger exposed an internal document released by Xiaomi on May 20, showing that its laptop department has been merged into its smartphone department.
Didi Chuxing resumed its Hitch service on May 19, two weeks after the tragic murder of a 21-year-old female passenger in a night hitch ride. The company has ...
Tesla says in its case settlement statement from 16 April, officially ending the two-year lawsuits against its former employee Cao Guangzhi, who briefly joined XPeng as engineer after servicing Tesla for two years.
Electric vehicle manufacturer Tesla has filed a lawsuit against the U.S. government and U.S. Trade Representative Robert Lighthizer over tariffs imposed on certain parts that Tesla imports from China.