China’s coworking space provider Ucommune announced on Nov. 14 that it will close a $200 million Series D round of funding three months after its previous one, making it the largest single round financing for the unicorn.
The global shipments of smart speakers grew 197 percent year-over-year in Q3 of 2018, reaching a record-breaking amount of 22.7 million, according to Strategy Analytics’ quarterly report. Chinese companies Alibaba, Baidu and Xiaomi were among the top five brands.
Faraday Future (FF), the electric car start-up aiming to challenge Tesla, held an “Evolution Strategy Communication Meeting” at the Los Angeles headquarters on Nov. 12.
NetEase, one of China’s top internet and online game services providers, announced on Nov. 12 that NetEase Cloud Music, the company’s music streaming platform, has completed its round of financing with investors. The total amount raised exceeded $600 million.
Alibaba announces new sale record after the tenth anniversary of Double Eleven, the global shopping festival that came to a close on November 11.
JD.com opened its first fully automated robotics restaurant named “XCafe” on Nov. 10 at the Sino-Singapore Tianjin Eco-city, an emerging environmentally friendly and resource-conserving area of Tianjin City.
Union of European Football Association (UEFA) and Alipay announced in Shanghai their global partnerships on Nov. 9, for all UEFA national team football competitions from 2018 to 2026, including UEFA Euro 2020 and Euro 2024.
For the first time in ten years, Lenovo Holdings’ mobile business has achieved profit, mainly because its mobile business has withdrawn from 70 to 80 markets overseas.
Glenn D.Fogel, CEO of Booking Holdings, a leader in online accommodations and travel e-commerce, came to China on Nov. 7 for the fifth World Internet Conference, also known as the Wuzhen Summit.
TikTok, a short video platform also known as Douyin in China, now has over 200 million daily active users (DAU) and more than 400 million monthly active users (MAU) in China, according to Zhang Fuping, the vice president of TikTok’s parent company ByteDance.
Instead of typing, talking to your friends and families via voice or video calls, in the future you might be able to have a “face-to-face” conversation on a VR social media platform even if you are apart.
According to Kevin Johnson Starbucks’ president and chief executive, the company is looking to eventually use the experience it has accumulated in China’s fast-paced delivery industry and apply it to the United States.
OPPO held a “Super VOOC Flash Charge Day” on Nov. 6 in Shanghai, in celebration of shipping over 100 million smartphone devices equipped with its VOOC Flash Charge technology.
Today at the CIIE, Alibaba Group promised to help import $200 billion worth of goods from more than 120 countries over the next five years, underscoring the company’s long-term commitment to globalization and efforts to meet Chinese consumers’ rising demand for high-quality international products.
Leaders from different industries have gathered at the first China International Import Expo, which opened in Shanghai on Nov. 5, to share their insights on trade, business, and economics.