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Chinese fresh grocery e-commerce retailer Missfresh announced Thursday that it has entered into a strategic partnership with Ocean Engine and has expanded its presence on TikTok’s sister app for mainland China, Douyin.
The majority of China’s meat products are imported, and given the currently turbulent geopolitical climate, plant-based meat alternatives will increase China’s self sufficiency, and shine a positive light on the industry in the eyes of regulators.
On July 17, Chinese battery maker Sunwoda announced that its Zhejiang subsidiary intends to acquire the Laguna Caro mining rights project held by Goldinka Energy S. A. in Argentina.
Bianligou, a vending machine business owned by Chinese grocery delivery startup Missfresh, has been acquired by Shenzhen Daily Convenience Technology Co., Ltd.
Photographs of a group of manned aircraft have attracted attention in China recently, showing two pilots flying in the air in an aerocar.
On June 22, Full Truck Alliance, a Chinese digital freight platform, was listed on NYSE with the security code of "YMM". Its issue price is $19 and its opening price is $22.5. Wind Information shows that as of the close of US stocks, Full Truck Alliance reported US $21.76 per share, increasing 14.53% from its issue price, with a total market value of US $23.6 billion.
Leading Chinese telecommunications and consumer electronics firm Huawei announced Monday that it will launch the Watch GT 3 Pro on April 28, with the slogan "Sneak to Freedom at This Moment."
Volkswagen, the biggest foreign automaker in China, has downplayed the impact of a global chip supply shortage caused by the COVID-19 pandemic, refuting claims that its automotive production has been completely halted.
Huawei will begin levying royalties from smartphone makers that use its patented 5G technology, expecting to open a lucrative new revenue stream as US sanctions hit the company’s consumer business.
On Friday, QQ Music's iOS version began to allow upgrades to version 11.0.5 through the app store. The development follows China's MIIT's introductions of new restrictions on Tencent in November this year.
According to the latest PBoC report on the overall operation of payment systems during the second quarter of 2021, the number of automatic teller machines (ATMs) in the country has fallen below one million.
Sequoia China Seed Fund announced on February 28 that its Fund III had raised $480 million last year and has officially entered the investment period. This is the third US dollar fund raising completed in five years since 2018.