NIO Secures New Strategic Investment Worth of 33 Billion Yuan
NIO has expressed that this new round of capital increase is a testament to the strategic investors' recognition of NIO's leading position in the industry.
Category: News
Showing 12 of 877 posts in this category
JD.com Initiates Global Expansion, Launches "Global Sales" in Four Countries
Chinese e-commerce giant, JD.com, has newly launched its global sales business in the United States, Japan, Singapore, and Malaysia.
9/2/20243 min read
Xpeng Denies Private Negotiations with the European Union
Xpeng spokesperson reiterated that "Xpeng has not had any private negotiations with the EU", in response to market rumours following an interview He Xiaopeng took at the Paris Auto Show.
XPeng Restructures Its Autonomous Driving Department
Xpeng has made organizational adjustments to the autonomous driving department, setting up three major functional areas to accelerate AI transformation.
Mihoyo Invests in Nuclear Fusion, the 'Honghuang 70' Tokamak Main System Deliveres
FusionEnergy issued an announcement stating that the main system of the 'Honghuang 70' Tokamak device was completed and delivered.
10/10/20232 min read
Following JD.com's step, Meituan Will Provide Social Security for Its Food Delivery Riders
Meituan and JD.com's successive moves to provide social security and benefits for riders signify a significant improvement of workers' rights.
2/20/20253 min read
Tencent CEO Pony Ma's Annual Conference Speech Exposed
On January 29th, Pony Ma, the CEO of Tencent, reviewed the development of various businesses under Tencent in the past year and proposed plans for the future at the annual meeting.
Geely-backed Caocao Inc. Goes for Hong Kong IPO
According to data from Frost & Sullivan, based on the total transaction value (GTV), CaoCao Chuxing ranked among the top three ride-hailing platforms in China in 2021, 2022, and 2023.
5/1/20243 min read
Alibaba Plans to Reduce Its Stake in XPeng Motors, Worth about $3.14 Billion
Alibaba reduced its holdings of XPeng Motors' ADS worth approximately $314 million after terminating the director appointment agreement with the company.
KE Holdings Inc. Posts Strong Q2 Results, Expands Share Buyback, Declares Cash Dividend
BEIJING, Aug. 31, 2023 - KE Holdings Inc. (“Beike”) (NYSE: BEKE and HKEX: 2423), a premier online and offline platform for housing transactions and services, has unveiled its unaudited financial results for the second quarter of 2023.
Ministry of Industry and Information Technology Removes 96 Apps Infringing on User Rights and Interests
A notice was issued by the Ministry of Industry and Information Technology today, saying that the 96 apps that had failed to complete the necessary platform fixes within the required time limit were removed from app stores.
10/15/20212 min read
Young Genius Xie Saining from SJTU Denies Any Relationship with Sora
A domestic self-media referred to the young genius Xie Saining, who graduated from SJTU, as the inventor of Sora. Xie Saining himself has officially denied this, saying that he has "no relationship at all" with Sora.