The Chinese automobile company Geely Holding Group (Geely) and the German Daimler AG (Daimler) announced on Mar. 28 the formation of a 50-50 global joint venture to develop and operate smart brand.
This Tuesday(March 26), China Aviation Supplies Holding Company announced its 35 billion-dollar deal with Airbus. Signed during President Xi Jinping’s visit to France, the order covers 290 planes from the A320 family and 10 from the A350 line.
Chinese EV-startup Faraday Future and The9 Limited, an established Chinese internet company, formally signed a joint venture agreement on Mar. 24 to manufacture, market, distribute, and sell smart internet electric cars in China.
Alibaba has acquired the Israeli augmented reality software startup InfinityAR, both companies announced on Mar. 24. While no financial details were disclosed, Globes cited market sources estimating a deal in excess of $10 million.
Tesla filed a lawsuit against former Chinese employee Guangzhi Cao on Mar 21, claiming the engineer copied the source code for its autopilot technology before taking a job with Chinese self-driving car startup XPeng in January.
On Mar. 21, Razer, the leading global lifestyle brand for gamers, announced a collaboration with Tencent Holdings Limited, the tech giant in China and global publisher of PUBG Mobile and Arena of Valor, to bring the mobile gaming experience to the next level.
On March 15, Huawei Technologies announced plans to adopt Open Rack in its new public cloud data centers worldwide in San Jose, California. The move is designed to enhance the environmental sustainability of Huawei’s new public cloud data centers by using less energy for servers, while driving operational efficiency by reducing the time it takes to install and maintain racks.
On March 15, Tesla launched its last piece of the Model series, the Model Y. It is more of an affordable version of Model 3.
Not long after Chinese bike-sharing start-up Ofo withered away, its longtime rival Mobike has begun to withdraw from overseas markets.
On March 7th, NBA China and Alibaba Group announced today that an expansion of their partnership will bring content from the NBA to Alibaba’s platforms for the first time, as well as including an enhanced online shopping experience for consumers in China.
Office Depot, the well-known American office supplies retailer, is joining forces with China’s Alibaba Group. Alibaba.com will create a new online destination to access the business’s network and serve the needs of small and medium businesses (SMBs) in the United States.
The 2019 Oscar winners are here, and it’s not a U.S. award only!
Alibaba Pictures Group Limited co-produced Green Book, which won Oscars for Best Picture, Best Original Screenplay and Best Actor in a Supporting Role at the 91st Academy Awards (The Oscars).
Amazon China and NetEase Kaola, a cross-border e-commerce, are negotiating to merge their overseas purchase business. Led by Kaola, the merger might be completed by split-offs.
American news feed website Reddit received $300 million in total in a new round of financing. Chinese tech giant Tencent is the lead investor, contributing half of the total financing.
OPPO continues its tour through Europe. On Feb. 1, the Chinese smartphone brand announced its official entry into the UK, Turkey, and Poland. During the same conference, the company also released a number of flagship products.