Temu Thrives in the Japanese Market
Pinduoduo's cross-border e-commerce platform Temu has rapidly gained traction in the Japanese market since its launch in July 2023, boasting 15.5 million users by January 2024.
2/21/20242 min read
Category: News
Showing 12 of 656 posts in this category
Geely Galaxy E8: All-Electric Mid-Size Sedan Spotted, Launching Soon
Geely Galaxy E8 spy photos exposed: positioned as a pure electric mid-sized sedan, deliveries to begin within the year.
8/10/20232 min read
China Successfully Launches Einstein Probe Satellite
On January 9th, China successfully launched the Einstein Probe satellite to explore transient and eruptive celestial bodies in the universe.
1/10/20244 min read
Alibaba Cloud Officially Announces Two New 'Spokespersons'
On July 8th, Alibaba Cloud officially announced two new "spokespersons" - Yang Zhilin, founder of Moonshot AI and Zhang Yuejia, President of Zhaopin Group.
7/9/20243 min read
Huawei's Ren Zhengfei: We Are About to Enter the 4th Industrial Revolution
On September 19th, the conversation summary between Huawei's founder and CEO Ren Zhengfei and the ICPC (International Collegiate Programming Contest) Foundation, coaches, and student gold medalists was exposed.
SenseTime Halted Trading on HKEX, Following a 31.15% Surge in Stock Price
Responding to the trading halt on the Hong Kong Stock Exchange, SenseTime stated that the launch of the SenseNova 5.0 large model received widespread acclaim and significant market attention. The company will issue further relevant announcements in accordance with listing rules of the HKEX.
4/24/20242 min read
Xiaomi's Impending Layoffs and Compensation Strategy Spark Employee Complaints
Xiaomi employees have corroborated the layoff rumors, criticizing the company's compensation strategy as a tactless way to avoid paying annual bonuses.
Xiaomi to Launch Pure Electric SUV in 2025
Xiaomi's second upcoming vehicle will be an all-electric SUV, slated for release in the first half of 2025.
China VC Weekly: $7 Million for Nothing
In this week’s VC news, aloof OnePlus co-founder Carl Pei raises funds for his new mysterious venture audaciously named Nothing, Chinese K12 education powerhou...
2/1/20214 min read
High Flyer Responds to Rumors of Management Scale Shrinking to Over 10 Billion Yuan
Although the scale of the company's management has changed, it is still at the level of over 20 billion yuan, responded High Flyer regarding recent market rumors.
2/21/20252 min read
Shengqu Games Signs Distribution Agreement with Tencent
Zhejiang Century Huatong Group announced on Tuesday that Shengqu Games, a wholly-owned subsidiary, signed a three-year agreement with Tencent on Monday.
11/30/20212 min read
ByteDance Founder Zhang Yiming Enters the Private Equity Industry, Mainly Investing in Technology-Related Sectors
ByteDance co-founder Zhang Yiming established 'Cool River Venture HK Limited' has obtained an asset management license, with a main investment focus on technology-related industries.
12/18/20242 min read