Baidu has hired Xia Yiping, the co-founder of bike-sharing firm Mobike to be the chief executive of its new electric car company, operating in tandem with automobile manufacturer Geely, according to reports.
CategoryIndustry
Leading online InsurTech company Waterdrop Inc. is reported to be in full preparation for a U.S. initial public offering (IPO) in the next quarter.
Running to the door to pick up the parcels three times in a row, the Chongqing-based high school English teacher from Canada could not stop praising the ultimate couch potato experience offered by China’s leading interactive e-commerce platform Pinduoduo.
Customers in China craving a Big Mac at McDonald’s today might have to do a double take at the menu to make sure they’re at the right place.
Artificial intelligence (AI) giant Baidu Inc. on Feb. 18 released its unaudited financial results for the fourth quarter of the fiscal year ending on Dec. 31, 2020.
On Feb. 18, biotechnology company New Horizon Health (6606.HK) raised HK$2.42 billion in an initial public offering (IPO) in Hong Kong, with the firm’s IPO being oversubscribed 4133 times.
For many, it is easy to fall down the rabbit hole of Pop Mart’s fantasy world and hard to ever climb out of it, which gives birth to the secondhand Pop Mart blind box market, a thriving sector in China.
China’s leading video-streaming platform Bilibili is facing a severe backlash on social media due to what critics claim is offensive video content involving child porn, incest, and voyeurism.
In last week’s VC news, a local gene tech firm raises funds from Tencent, Singapore’s Keppel Capital sets its eyes on China’s logistics market, while autonomous driving powerhouse Pony.ai takes its valuation to new highs.
Huawei CEO Ren Zhengfei responded to a series of hotspot issues about the company, including whether to sell its terminal business.
Following seas of Chinese users flocking to download the invite-only social media application Clubhouse, the app was banned in mainland China on Feb. 8, around 7:30 p.m. local time.
Recently-listed short video company Kuaishou has confirmed on Feb. 8 that it will issue 100 shares to each eligible employee after the lunar Chinese New Year festival, according to Jiemian News.
Chinese regulators have summoned representatives from Tesla for talks over quality and safety issues of its vehicles.
China’s regulatory watchdog on Feb. 7 released new anti-monopoly regulations targeting tech giants and a recent escalation in unfair competition.
Chinese market regulators on Monday issued a 3 million yuan ($464,000) fine to online discount retailer Vipshop Holdings Ltd for unfair competition.