China VC Weekly: Xpeng Beats All Odds with $500M Series C+
One of China’s top EV-makers, Xpeng Motors, announced that it has completed a C+ round of financing raising nearly $500 million.
7/20/20203 min read
Category: Industry
Showing 12 of 6361 posts in this category
More than 600 Million Yuan to Be Invested in Safety Over Next Two Years: Zhou Shengfu, CEO of Lalamove
Zhou Shengfu, CEO of vehicle-hailing platform Lalamove, said on Tuesday that all safety improvement measures that the company promised earlier have now been fully put into force.
Wanda Group Establishes Automobile Company With Registered Capital of $15.65 Million
Wanda Group, a Chinese multinational conglomerate headquartered in Beijing, established Wanda Automobile Technology Co., Ltd. with a registered capital of 100 million yuan ($15.65 million).
11/24/20212 min read
Lenovo's Sophisticated AI PC Will Debut in China on April 18th
Lenovo CEO Yang Yuanqing stated that on April 18th, the Tech World Lenovo Innovation Technology Conference will be held in Shanghai, and sophisticated AI PC will debut in the Chinese market first.
China VC Weekly: Mixed Reality and Cleaning Technology
Qualcomm-backed Nreal, announced the completion of a $40 million B1 round of financing led by the Chinese short-video giant and TikTok nemesis Kuaishou.
OriginOS Ocean, New Version of Vivo's Original System, to be Released December 9
Vivo announced on Monday that a new version of its smartphone operating system, OriginOS, will be released on December 9. The new OS will be named "OriginOS Ocean".
11/29/20212 min read
Baidu AI Cloud to Unveil Upgraded Kaiwu Platform on July 21
During a digital media preview event held on July 6, Dr. Shen Dou, Executive Vice President of Baidu and Head of Baidu AI Cloud, shared cases empowered by its cloud technology.
7/6/20223 min read
Douyin to End Same-City Social Function "Circle" on July 29
ByteDance's short video sharing platform Douyin announced on July 18 that due to changing business developments, "Circle," a same-city social networking function, will be closed on July 29.
7/18/20222 min read
Ant Group Releases 2021 Annual Report on Consumer Rights Protection
On Tuesday, Ant Group released its 2021 Annual Report on Consumer Rights Protection. The report indicates that, in 2021, Ant Group launched more than 30 measures in six different aspects to effectively protect consumers' rights.
DiDi Brand Launches in Hong Kong
Didi Chuxing, China’s leading mobile transportation platform, today announced it is officially upgrading its Hong Kong product from Kuaidi Taxi to DiDi Hong Kon...
2/5/20183 min read
Big Data Company Zshield Inc. Receives C-Round Financing Led by Legend Capital
Zshield Inc., an industrial big data innovation enterprise based in China, announced the recent completion of a C-round financing worth several hundred million yuan.
1/5/20222 min read
JD Partners with NVIDIA to Build World’s First Smart City with Smart Deliveries
On Dec. 15, GPU inventor NVIDIA announced at its GPU Technology Conference (GTC) that it will work with Chinese retail giant JD.com to build the first smart city with the world’s first level-4 smart delivery vehicle application.
12/16/20203 min read