Cross-border Archives - Page 36 of 49

E-Cigarette Giant JUUL is Coming to China

American e-cigarette brand JUUL will officially enter the Chinese market and is reported to be negotiating terms for distribution channel cooperation with Tmall and JD.com.

OPPO Merges Art And Tech to Galvanize Artists

“Tracing the Sky”, an artwork cooperated with OPPO, is due to kick off on July 14 in Manchester.

Groupe Renault Establishes Joint Venture with Chinese EV-maker

Groupe Renault and Jiangling Motors Corporation Group (JMCG) announced the official establishment of their joint venture on July 17. The aim is to further promote the development of the electric vehicles industry in China.

Google Bans Chinese App Developer CooTek For Invasive Ads

CooTek, a fast-growing Chinese app developer listed on the NYSE under the ticker “CTK”, is having dozens of its products pulled from Google’s Play Store and ad platforms.

OPPO Launches New OPPO Reno FC Barcelona Edition Smartphone to Celebrate Renewed Partnership

Chinese smartphone maker OPPO today launched a new special edition OPPO Reno mobile phone in cooperation with Spanish professional football club, FC Barcelona, in Barcelona, Spain.

Alibaba’s Xiami Music First to Offer MQA

Xiami Music, a wholly-owned subsidiary of Alibaba Group, will become the first music streaming service to offer MQA.

NetEase Invests in Canadian Game Developer Behaviour Interactive

Chinese internet company NetEase announced today its strategic investment in Montreal-based game development company Behaviour Interactive.

BMW China and NavInfo to Develop High-precision Maps for Autonomous Driving

July 15, BMW China announced that it has reached a cooperation agreement with a local mapping provider NavInfo to develop high-precision maps for autonomous driving.

Huawei Expected to Dismiss Hundreds of American Employees

According to the Verge, Huawei is planning to lay off hundreds of American employees. The company has been embroiled in controversy ever since it was incorporated into the “entity list” by the U.S. Department of Commerce.

Former Tesla Engineer Admits Leaking Source Code of Autopilot from Tesla

Former Chinese Tesla engineer Cao Guangzhi admitted on July 11 that he uploaded compressed files containing the source code of Autopilot onto his own iCloud account at the end of 2018 when he was still working for Tesla.

Streaming Platform Douyu Updates US IPO Terms

Douyu TV, the largest game-centric live streaming platform in China, has updated the terms of its IPO in its prospectus. The Wuhan-based firm said it will offer a total 67.4 million shares, of which 44.9 million American depository shares and 22.5 million shares offered for sale by current stakeholders.

Apple Has Created Over 5 Million Jobs In China

Apple released its newest Corporate Social Responsibility (CSR) report, summarizing what the company has done in terms of products, education, environment, staff, vendors and community.

Amazon China Closes Paper Book Section In Favor of Ebooks

Since July 1, Amazon China no longer sells its own paper books, and third party paper books will also be taken down from shelves starting July 18.

TCL Launches New Products in Brazil, Continuing Its Overseas Expansion

TCL Corp, a Chinese electronics company, has released a line of new products in Brazil as the company continues their global expansion.

DiDi Chuxing in Talks with SoftBank for Investment in Self-Driving Vehicles

The Information has reported that China’s ride hailing giant Didi Chuxing is currently in talks with Japanese investment behemoth SoftBank to raise capital to fund the substantial development of self-driving vehicles.

Nintendo, Microsoft, and Sony Write Joint Letter to Warn Trump of Tariff Impact on China

Sony, Microsoft, and Nintendo have written a joint letter to the Trump administration, warning the government that its impending tariffs on Chinese goods will dramatically harm the video game industry and its employees.

Three Chinese Banks Named in North Korean Money Laundering Probe

The Washington Post has reported that, three Chinese banks may have refused to comply with a U.S. subpoena regarding laundering money to the North Korean state-run Foreign Trade Bank.

Futurewei- Huawei’s U.S. Research Arm Creates Separate Identity

Reuters has reported that Huawei’s U.S.-based research arm has attempted to distance itself from its parent company following the U.S. government’s blacklisting of Huawei Technologies Co Ltd.

OYO China to Cut Staff Significantly

OYO China, a leading hotel chain brand, will layoff a substantial amount of their staff, amidst a company reorganization.

Huawei Laptops Return to Microsoft Online Store

Last month, Microsoft removed Huawei’s range of laptops from its online store, following the United States’ blacklisting of the Chinese tech giant. However, the MateBook 13, MateBook, and MateBook X Pro have all now returned to the online store and are available for purchase.

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