Meituan Invests in Galaxy Bot Company
Recently, Galaxy Bot underwent a business change, with the addition of Meituan's subsidiary companies as shareholders.
Category: Industry
Showing 12 of 6422 posts in this category
China VC Weekly: Social Networking for the Elderly, Unmanned Retail Services and More
As China emerges from the weeklong Lunar New Year break, local VC institutions have announced several prominent new deals.
BOE Technology's Net Profit Increases 10x in First Half of 2021
On Monday, Chinese electronic components firm BOE reported that its revenue in the first half of the year was 107.285 billion yuan ($17 billion), a year-on-year increase of 89.04%.
8/31/20212 min read
Douyin Releases Data Report on Protection of Minors
On Monday, ByteDance's short video app Douyin released a data report on the company's measures to protect minors. The report updates the company's progress in the promotion of a youth mode, content construction, platform governance and more.
5/30/20223 min read
Chinese Beverage Brand Genki Forest Lowers 2022 Growth Forecast
Chinese low-calorie beverage brand Genki Forest is expecting to slow down its growth in 2022 after several years of high speed development.
China's Premier Wants to Offer Elon Musk Chinese Green Card
China's Premier Li Keqiang met with Elon Musk on Jan.9 in Ziguang Hall of Zhongnanhai, China's central leadership compound, in Beijing, after Tesla broke ground for the $7 billion gigafactory.
1/10/20192 min read
Chinese Social Media Sina Weibo Fined by Chinese Regulators for Publishing Illegal Information
China's cyberspace regulator recently summoned Chinese social media Sina Weibo, for talks concerning the repeated display of prohibited information and content on its platform that violated the laws and regulations of the country.
12/15/20212 min read
Xiaomi Announces New Battery Technology, Entering Mass Production Next Year
In a short Weibo post on December 10, Chinese electronics giant Xiaomi revealed a new battery technology the R&D team has been working on, in which the silicon content inside a battery can be increased by about three times.
12/13/20212 min read
Huawei and ByteDance Founders Featured in Time's 100 Most Influential People List of 2019
On Apr. 18, Time released its list of the 100 most influential people in 2019. Apart from entertainment celebrities like Taylor Swift and Ariana Grande, the list also brings with it big guns from China's tech industry including Ren Zhengfei, founder of Huawei, Zhang Yiming, CEO of Bytedance and He Jiankui, the initiator of the world-renowned gene-editing surgery.
4/18/20193 min read
Abandoning NVIDIA's Thor, XPeng Self-Developed Chip May Be Launched in May
XPeng is dropping NVIDIA Thor in favor of its self-developed chip, which could debut in vehicles as early as May. Moving forward, all new models will be equipped with in-house chips.
Beijing Stock Exchange Announces Rules, Clarifying the Listing, Trading and Delisting Procedures
The rules include procedures for listing, trading and membership management within the new bourse, and are all on trial status currently.
9/6/20212 min read
Tencent Boosts Global Investments with European Games as Focus as Beijing Cracks down on Online Gaming
Tencent has increased its investment in overseas startups by more than seven times this year in an effort to accelerate its global expansion, as Beijing cracks down on online gaming.
9/2/20212 min read