Luckin Coffee Reports $1.25B Revenue in 2021
Luckin Coffee on Thursday announced its unaudited financial results for the three months ended December 31, 2021 and entire fiscal year.
Category: Industry
Showing 12 of 6361 posts in this category
Huawei Launches New Premium Lightweight MateBook X, Leads Trend of 3rd-Gen Mobile Office Equipment
Richard Yu, the managing director and CEO of Huawei Consumer Business, introduces Huawei MateBook X series at the Huawei MateBook series new product launch conference in Shanghai.
8/20/20205 min read
Global Chip Shortage to Interrupt Volvo’s Production in China and the US
Volvo Cars said on Wednesday that they will suspend or adjust production at their factories in China and the United States this month, citing a global chip shortage.
3/18/20213 min read
Online Evaluation Platform LeetCode Won Nearly $10 Million in Round A Financing From Lightspeed China Partners
LeetCode, a social platform for preparing technical interviews for companies in the IT industry, announced on Wednesday that it had completed the A round of financing of nearly $10 million.
12/1/20212 min read
Canada Continues Huawei CFO Meng Wanzhou's Extradition Case, Cites 'Double Criminality'
A court in Vancouver ruled on Wednesday that US prosecutors had satisfied an essential legal requirement needed to continue the extradition case of Meng Wanzhou.
5/28/20203 min read
Gartner: Alibaba Cloud's IaaS Infrastructure Capability Ranks First Globally, Surpassing Amazon and Google
According to Gartner's recent report titled "Gartner Solution Scorecard 2021", released on Wednesday, Alibaba Cloud's IaaS infrastructure capability took first place in the world, and received the highest scores in the four core evaluations.
12/15/20211 min read
Indian Digital Payment Provider Paytm Nears $2 Billion From Backers Including Ant Financial
Paytm is close to scoring $2 billion of new financing from investors including Alibaba’s Ant Financial and SoftBank Group Corp., Bloomberg reported citing a person familiar with the matter.
10/15/20192 min read
Chery Automobile Submits An IPO Application to The Stock Exchange of Hong Kong
On February 28th, Chery Automobile Co., Ltd. has now submitted its listing application to The Stock Exchange of Hong Kong.
Xiaomi Hires More People for Autonomous Driving; New Talent Plan to Be Announced Soon
On July 14th, Xiaomi increased the number of job positions from 24 to 25, all of which are in the field of autonomous driving. According to chinastarmarket.cn, Xiaomi will also soon announce a new talent recruitment plan.
7/14/20212 min read
Pony.ai Launches Robotaix Service in Shanghai
Pony.ai demonstrated its latest self-developed autonomous driving technology at WAIC on Wednesday, and officially announced it's Robotaxi service in Shanghai, operating along the main roads of Jiading District.
7/8/20213 min read
Meituan Dianping-Backed Chinese EV Maker Li Auto Targets $100M US Listing on July 31
Chinese electric vehicle maker Li Auto has filed for a U.S. initial public offering, aiming to list its shares on the Nasdaq Global Market on July 31.
Evergrande Considering Sale of Swedish EV Unit
Reuters reported on Oct 15 that NEVS, a Swedish electric vehicle (EV) unit under China Evergrande Group, is negotiating with U.S. and European venture capital companies and industrial partners to find a new owner.
10/19/20212 min read