China’s largest online travel firm Ctrip.com released nine service standards for the domestic car rental industry. This is the first car rental standard in China.
A burning Li ONE vehicle was discovered at around 4 p.m. on Aug. 6 on the Sihui and Lianzhou expressways in Zhaoqing City, Guangdong Province.
Chinese EV manufacturer Xpeng Motors has raised an additional $100 million, bringing total funding to $400 million.
Tencent is planning to consolidate Huya and Douyu, the two biggest gaming-focused live-streaming platforms in China.
Lu Bin, the co-founder and chief travel officer of WM Motor, resigned on Aug. 5.
On Aug. 3, Pinduoduo’s official live studio "Limited Time Flash Sale" entered Hong Kong-listed electrical appliance retailer GOME’s largest flagship store in Shanghai.
By offering virtual fitness lessons, pre-recorded workout videos or remote one-on-one coaching during the pandemic, many fitness platforms believe these actions may permanently change the landscape of the industry.
US-based video conferencing platform Zoom will stop direct sales in mainland China from Aug. 23, and will only offer its services via third-party partners.
TikTok and its Chinese version of Douyin have earned more than $102 million in the global App Store and Google Play.
Chindata Group plans for a US listing as early as the third quarter of this year, with the expectation of raising approximately $400 million.
Chinese TechFin company Ant Group topped the Hurun Global Unicorn Index of 2020 with a valuation of 1 trillion yuan ($150 billion), according to Hurun Research Institute’s ranking of the world’s unicorns.
Chinese real estate giant Evergrande Health Industry Group Limited (Evergrande Health) announced on August 3 the prototypes of six new energy vehicle (NEV) models under its Hengchi brand in Shanghai and Guangzhou at the same time, marking a substantial development of the company in the NEV field.
In the fall of 2014, Zhang Yiming, the founder of TikTok’s parent company Bytedance, who was then little-known, paid a visit to Silicon Valley with a group of young Chinese entrepreneurs.
Two newly-appointed directors resigned on Monday while Luckin will consider the re-appointment of Sean Shao as a director of the company.
Chinese social commerce company Pinduoduo recently launched a wholesaling platform “Duoduo Wholesale” for its merchants to power their supply chains and procure goods for resale.