Pinduoduo Founder Colin Huang Steps Down as User Number Tops Alibaba
Pinduoduo, China’s largest agriculture platform, announced that its founder Colin Huang has stepped down as chairman of the board to pursue scientific research.
3/17/20215 min read
Category: Industry
Showing 12 of 6375 posts in this category
Over Half of Huawei’s 5G Contracts are From Europe
Telefonica announced that they will use Huawei’s technologies to build a 5G network, Huawei marched a step further into the European market.
12/13/20192 min read
Beijing Metro Offers Swipe to Ride: Is NFC Going Mainstream ?
Beijing Metro announced a partnership with the Beijing Municipal Administration Traffic Card to launch mobile swipe-to-ride service on June 26. The first phase ...
Xiaomi Auto Denies Rumors of Shutdown Due to High Temperatures
Xiaomi denies that the car factory has stopped production due to high temperatures, and is about to carry out a new round of production line optimization and maintenance.
7/3/20243 min read
Jumei Youpin Goes Private, To Be Delisted From NYSE by Q2 2020
Chinese online retailer Jumei announced on Feb. 25 that it has accepted a merger deal with Super ROI Global Holding Limited (Parent) and Jumei Investment Holding Limited (Purchaser).
2/26/20202 min read
China's BaaS Market Size Reached $188M in 2021
According to a report released by IDC on July 5, China's blockchain-as-a-service (BaaS) market reached $188 million in 2021, improving further from a strong 2020, with a growth rate of 92.6%.
7/6/20222 min read
Chinese Delivery Firms to Operate With Higher Prices During Spring Festival
China's Spring Festival holiday is approaching, and domestic express delivery companies such as SF Express, STO Express, Yunda Express, YTO Express and Cainiao have announced that they will continue to provide services from January 20 to January 25.
1/17/20233 min read
Tesla Clashes with Pinduoduo Over Group Buying of Model 3 Cars
Tesla and Pinduoduo are clashing over group buying promotions for heavily discounted Model 3 vehicles.
8/20/20207 min read
Chen Rui, Chairman and CEO of Bilibili, Delivers 12th Anniversary Speech
On June 26, at the 12th anniversary of Bilibili, Chen Rui, Chairman and CEO, shared the changes in the company over the last year, holding that Bilibili has increasingly become a friendly community for youth to acquire knowledge and skills.
6/28/20214 min read
ByteDance Refutes Offering $1.4M Annual Salary to Poach OpenAI Talent
It was reported that ByteDance, TikTok's parent company, offered an annual salary of $1.4 million to poach talent of the ChatGPT R&D team from OpenAI.
4/24/20232 min read
Geely’s Lotus Seeks to Raise $1 Billion for Push into China’s Electric Vehicle Market
Zhejiang Geely Holding Group is planning to raise $1 billion to help Lotus Cars enter China’s vast and growing EV market.
4/15/20212 min read
Alibaba’s Cainiao Offers Nonstop Logistics Services amid Chinese New Year Festival
Alibaba’s Cainiao Smart Logistics Network announced that the platform would offer nonstop logistics service to 200 major cities in China over Chinese New Year.
1/20/20212 min read