Elon Musk Buys Chinese Ventilators to Support US COVID-19 Response
Elon Musk purchased 1255 FDA-approved ResMed, Philips & Medtronic ventilators from China and donated them to the state of California.
3/25/20202 min read
Category: Industry
Showing 12 of 6361 posts in this category
Chinese Beverage Chain HeyTea Denies Rumors of Mass Layoffs
Chinese beverage chain HeyTea has denied a report on Wednesday that it has been carrying out major internal layoffs, claiming that its adjustment of a small number of employees is part of its normal business operations.
2/9/20223 min read
Futu and UP Fintech to Remove Apps From Chinese App Store
On May 16, leading online brokers Futu Holdings and UP Fintech Holding Limited, known as “Tiger Brokers” in Asia, successively announced that their apps will be removed from app stores on the Chinese mainland.
5/16/20233 min read
NIO Reports $3.1 Billion in Losses on Q2 Conference Call
NIO rescheduled its conference call for the second quarter (Q2) of 2019 on September 25, clarifying that the company only lost 22 billion yuan ($3.1 billion) instead of the rumored $5 billion.
9/26/20192 min read
Investment in China's New Economy Totaled $217B in 2021
Beijing-based market researcher ITjuzi released the 2021-2022 Report on Entrepreneurship and Investment in China's New Economy, offering insight into developments that occurred last year across new economic fields.
2/18/20223 min read
ByteDance to Shut Down Edtech Business in India
ByteDance is shutting down its educational technology business in India. The company notified the local team on Monday.
Wuhan-based Bestore Livestreams IPO in Shanghai
Bestore, a high-end snack store chain headquartered in Wuhan, listed on the Shanghai Stock Exchange on February 24.
2/24/20202 min read
Bytedance Plans to Relaunch Social App Feiliao
Bytedance is gearing up to restart its social app Feiliao, an instant audio messaging platform that was previously removed from app stores.
7/9/20213 min read
Xiaohongshu to Open Hong Kong Office, Focus on Globalization
Xiaohongshu will open an office in Hong Kong, be neighbors with Alibaba, and make efforts towards globalization.
2/11/20252 min read
DJI Supplies 150 Drones To Finnish Defense Forces
China's drone manufacturer DJI will provide the Finnish Defense Forces with unmanned aerial vehicles, according to local media.
6/17/20192 min read
China's State Administration for Market Regulation Unveils 43 Anti-monopoly Cases
Most of them were internet enterprises, including Baidu, Alibaba, Tencent, Meituan, ByteDance, JD.com, Suning.com, Sina, 58 Group and more.
11/23/20212 min read
Lei Jun announces Xiaomi sales reached a historical high
This was the first good news that came across after Xiaomi CEO Lei Jun was, once again, in control of the supply chain. On July 7th, Lei sent out an internal e...