Uber Seeks to Sell Part of $6.3 Billion Stake in Didi Chuxing
Leading ride-hailing company Uber Technologies Inc. is seeking to sell part of its $6.3 billion stake in Didi Chuxing, Bloomberg reported.
9/18/20202 min read
Category: Industry
Showing 12 of 6361 posts in this category
Pagoda and Meituan Jointly Explore UAV Delivery of Fresh Fruit
An unmanned aerial vehicle (UAV) loaded with fruit, operated by Pagoda, recently took off from Meituan's UAV delivery store in Longgang District, Shenzhen. It took only seven minutes for a chilled lychee 2 kilometers away to reach consumers from the completion of packing.
Luckin Coffee Greatly Reduces Operating Losses in Fiscal Year 2021
Chinese coffee chain Luckin Coffee released its audited financial statements for the 2021 fiscal year on Thursday. The report shows that the revenue of Luckin Coffee throughout the year was $1.25 billion, a year-on-year increase of 97.5%.
4/14/20222 min read
Tencent Renews Company Mission and Vision — User-Centered and Tech for Social Good
Tencent has officially announced the company’s brand new mission and vision statement today through WeChat, adding on to its previously announced “tech for social good,” earlier in May.
11/11/20193 min read
Tencent delays the Game of Thrones Finale in China, Fans are Furious
In the morning of May 20, one hour before the final episode of Game of Thrones was about to air in China, Tencent video announced an unexpected delay.
5/22/20192 min read
NIO Officially Forms Large Model Team to Accelerate the Landing of Urban NOA
NIO has recently completed the restructuring of its R＆D department, and will gradually transition to an end-to-end large model paradigm in the future, using deep neural network technology to achieve advanced intelligent driving.
Meituan Dianping to Launch Premium Division for Community Group Buying Services
Chinese food delivery and lifestyle services platform Meituan-Dianping (Meituan) has announced an organizational adjustment to launch a premium business division for community group buying services.
7/8/20202 min read
Faraday Future Extends the Furlough While Seeking Investment
Electric vehicle (EV) manufacturer Faraday Future (FF) said in an internal email on Tuesday that employees on unpaid leave could no longer return to work on March 1 as planned, according to American news site The Verge.
2/27/20192 min read
Leading EV Makers and Their Electric Cars in 2019
Tightening emission regulations to combat the pollution issues have pushed the rapid development of new energy vehicles around the world.
4/27/20197 min read
Hesai Technology Collaborates with Embotech and Outsight
Hesai Technology announced a strategic partnership with Embotech AG and Outsight, aiming to jointly provide laser radar technology and perception software for Embotech's Autonomous Vehicle Management system.
2/6/20252 min read
Chinese Automakers Pledge To Meet Carbon Reduction Goals Ahead of Country’s 2060 Target
China’s automotive industry is aiming to double down on efforts to peak carbon dioxide (CO2) emissions by 2028 and achieve near-zero carbon emissions by 2050, a full decade before the country’s 2060 carbon neutrality goal.
4/23/20216 min read
Live-streaming E-commerce Drives Singles Day Sales, Prompts Surge in Job Seekers
China’s live-streaming boom has driven job seekers to grab their share of the pie, prompting a surge of live-host applications leading up to this year’s Singles’ Day online shopping bonanza.
11/12/20203 min read