Industry Archives - Page 4 of 316

Agibot Completes New Funding Round, Valuation Exceeds 7 Billion Yuan

Agibot has completed a new round of financing, with its current valuation exceeding 7 billion yuan, receiving support from Chinese automotive giants including BAIC, SAIC, and BYD.

CATL Is Interested in the Photovoltaic Business and Is In Talks to Acquire DAS Solar

CATL is seeking to acquire companies involved in photovoltaic (PV) modules and PV cells, and is currently in talks to acquire a PV module manufacturer, DAS Solar.

ByteDance Raises Up to $600 Million in Funding For Its Subsidiary Dongchedi

ByteDance is raising up to $600 million in funds for its automotive information and transaction platform 'Dongchedi'.

Alibaba.com: When Global Sourcing Enters the AI Era

Alibaba.com placed a clear and heightened emphasis on AI in its 2024 Co-Create conference in Las Vegas, providing innovative tools to connect both buyers and sellers across the world.

miHoYo Founder Hugh Tsai’s New AGI Project “Anuttacon” Unveiled

The founder of miHoYo, Hugh Tsai's new company Anuttacon has emerged, an AGI startup project.

Samsung Electronics Responds to Layoffs in China Sales Department

Regarding the news of the planned layoff of 8% of employees in the China sales department, Samsung Electronics China stated that in order to enhance the company's organizational efficiency and market competitiveness, it will carry out necessary business adjustments and personnel optimization.

ByteDance Completes Acquisition of Oladance

ByteDance has completed the acquisition of Oladance, strengthening its layout in the AI hardware field.

TikTok Is Testing Local Lifestyle Services in Indonesia and Thailand

TikTok is testing its local lifestyle business overseas, with the first stop being Southeast Asia. Currently, the business has launched in Indonesia and Thailand.

IBM Closes Its R＆D Department in China, Affecting Over A Thousand People

IBM has confirmed that it will completely shut down its research and development department in China, affecting more than 1,000 employees.

Lei Jun: Xiaomi Is Not in A Hurry to Build Charging Piles, First Focus on Making the Car Well

Xiaomi's primary task at present is to focus on car manufacturing, aiming to make the Xiaomi SU7 the electric vehicle with the best compatibility and convenience with public charging stations.

Li Auto Establishes An Industrial Intelligence Company with A Registered Capital of 100 Million Yuan

Li Auto established an industrial intelligence company in Jiangsu with a registered capital of 100 million yuan.

HUYA Posted Quarter-on-Quarter Revenue Growth in Q2 2024, Declaring $250 Million Special Cash Dividend

In HUYA Inc.’s 2nd quarter of 2024, game-related services, advertising and other revenues grew rapidly to 308.5 million yuan, reaching 20 percent of its total net revenues, signaling the positive progress of the company’s strategic transformation.

iFlytek Responds to Stock Price Fluctuations

iFLYTEK responds to stock price fluctuations: The company's operations are normal, and we maintain a long-term good cooperation with Huawei.

HP Denies ‘Moving Half of PC Production Out of China’

HP denies moving half of its PC production out of China, stating that its PC manufacturing business in China remains significant.

Honor Plans Stock Reform in Q4 and Will Initiate IPO at the Right Time

Honor plans to initiate the corresponding shareholding reform in the fourth quarter of this year and will timely begin the IPO process thereafter.

NIP Group Completes First Chinese Esports IPO

On July 26, NIP Group was officially listed on the NASDAQ Stock Exchange under the ticker symbol “NIPG”. The listing ceremony was attended by Mario Ho, Chairman and Co-CEO of NIP Group, Hicham Chahine, Co-CEO of NIP Group, and Sun Liwei, President of NIP Group. In this IPO, NIP Group issued 2.25 million ADS (American […]