Cross-border Archives - Page 13 of 49

PingPong Reaches Direct Partnership With Credit Card Organization JCB

PingPong, a global provider of digital services for cross-border trade, has entered into a direct partnership with JCB, one of the six major international card issuing organizations.

Tesla China Raises Price of Model Y Again

Following a dramatic increase in the price of full-line electric vehicles by Tesla in the United States, the long-range version of the Model Y in China has now also undergone a price increase.

Tesla China Denies Price Reduction Rumors for China-Made Model 3

Some Chinese web users recently claimed that Tesla would lower the terminal price of the China-made rear-wheel drive version Model 3 from its current price of 279,900 yuan to 219,900 yuan ($41,683 to $32,752). Tesla China denied the news.

Indonesian Payment Platform Flip Raises $55M in B+ Round Financing Led by Tencent

Flip, an Indonesian digital payment platform, announced on Wednesday that it had completed round-B+ financing totaling $55 million, which was led by Tencent with additional participation by Insight Partners and Block.

Southeast Asian E-Commerce Giant Shopee Lays off Staff

Shopee, an e-commerce giant in Southeast Asia, is launching a layoff plan.

Ximalaya Acquires Rights to Stream Harry Potter in Chinese

Audio streaming platform Ximalaya announced a strategic partnership with Pottermore Publishing on Tuesday, which will give it the rights to Chinese audio recordings of "Harry Potter."

Kindle E-Bookstore Withdrawal From China Spurs Questions from Chinese Netizens

Amazon will shutter its Kindle e-bookstore in China next year which has caused some discontent amongst its adherents. On June 10, Jiangsu Consumers Council in China called on Amazon to address consumer concerns.

NBA Players Including Allen Iverson to Hold Kuaishou Livestreams

During this season's ongoing National Basketball Association Finals, Kuaishou, a Chinese short video platform and strategic partner of the NBA, has laid out a diverse content matrix for its users.

NIO Executive Denies Cooperation With AMD China

AMD China announced on domestic social media platform Weibo on Tuesday that it has reached a chip supply cooperation with NIO, a Chinese electric vehicle company. However, a NIO executive responded twice to deny news of cooperation.

Nike Run Club to Stop Service in Chinese Mainland Next Month

The Nike Run Club (NRC), a running app owned by Nike, said on Wednesday that it would stop offering its services in the Mainland of China as of July 8, 2022 due to business adjustments.

BYD Says it will Supply Batteries to Tesla but Tesla Says ‘No’

Lian Yubo, Executive Vice President of Chinese automaker BYD and President of BYD's Automotive Engineering Research Institute, said that BYD will supply batteries to Tesla. Regarding this news, a Tesla spokesperson responded to domestic media on Thursday, saying, "We have not heard this information."

Qualcomm Partners With Chinese IoV Firm PATEO on Intelligent Cockpits

Qualcomm Technologies announced on Wednesday its cooperation with Chinese internet of vehicles (IoV) enterprise PATEO in the field of intelligent cockpits.

Alibaba Cloud’s JV Opens Two Data Centers in Saudi Arabia

Alibaba Cloud and Saudi Telecom Company (STC) jointly announced in Riyadh, Saudi Arabia on Tuesday that two data centers in the city were officially opened.

China-India Tech Trade Surges Despite Wary Ties

Chinese tech giants have been capitalizing on surging exports to India as complications mount.

AMD and NIO Reach Chip Supply Cooperation

The Chinese unit of American multinational semiconductor company Advanced Micro Devices (AMD) announced on Tuesday that it has entered into a chip supply partnership with local automaker NIO.

Tesla to Lay Off 10% of Staff Globally, Recruitment in China Persists

Regarding the recent news of Tesla's suspension of global hiring, a source close to Tesla China said that no updates on layoffs have been issued, and a massive recruitment drive was conducted not long ago.

Airbnb to Shift Data to Chinese Competitors Ahead of Withdrawal

Property rental company Airbnb announced on June 3 that it will facilitate the shift of its housing and host data to several Chinese domestic rental platforms before it shuts down operations in Chinese mainland from the end of July.

Amazon’s Kindle E-Bookstore to Withdraw From China

Amazon will shut its Kindle e-bookstore in China next year, according to a statement posted to its official WeChat account on Thursday. The Kindle China e-bookstore will stop selling digital products from June 30 next year, the firm said, although customers will be able to continue downloading any purchased books for one year beyond that. […]

China Responds to India’s Investigation of ZTE and Vivo

After taking measures against Xiaomi, India has reportedly expanded its investigation to ZTE and vivo. Foreign Ministry Spokesperson Zhao Lijian said that the Chinese government is paying close attention to this matter.

Xiaomi Germany Reaches Cooperation With Vodafone

The German division of leading Chinese tech firm Xiaomi has reached a partnership with telecommunications giant Vodafone, Xiaomi’s statement on Monday showed.

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