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Sources revealed that NetEase has gradually disbanded its entire strategic investment department two weeks ago, possibly related to NetEase's recent overseas investment failures.
Charles Lu, the former chairman of Luckin Coffee, and Jenny Qian, the firm's former CEO, announced on October 22 that the first location of Cotti Coffee has opened in the eastern Chinese city of Fuzhou, adding that the "team of coffee dreamers is starting the journey again."
China's State Administration for Market Regulation on October 8 reached a decision to penalize domestic food delivery giant Meituan.
TikTok's full complaint explained. Is Zuckerberg accountable for breaking Zhang Yiming's global ambition?
In last week’s news, Faraday Future raises additional funds before possible listing, Jack Ma-backed biotech startup secures funds in a series C round, while logistics startup FlashEx raises a confident Series D round.
On the 8th, China Association of Automobile Manufacturers issued a statement on its official website stating that the previous commitment letter's mention of "disrupting market fair competition order with abnormal prices" involving "prices" was expressed improperly. Therefore, this clause has been removed from the commitment letter.
Chinese President Xi Jinping announced the opening of the first China International Import Expo (CIIE) this morning at the National Exhibition and Convention Ce...
Chaping, an independent tech media on Tencent's WeChat platform, announced on Monday that it will voluntarily refund the investment to Tencent after an online o...
Starter, an international fashion sports brand, has recently received $40 million in C-round financing. The leading investor was QY Capital.
Chinese e-commerce giant JD.com, Inc. signed an agreement with Xpeng Motors on Tuesday, providing Xpeng’s customers with services for their electric vehicles.
NIO has made significant personnel cuts to its the autonomous driving department at its North American headquarters in San Jose, laying off another 141 employees.
On Thursday, Shenzhen-based drone firm DJI announced plans to hold a new product launch event at 21:00 on May 10, under the slogan "A Twist in the Plot."