The past week saw exciting news surface regarding several players in China’s AI and automation space, with one of the most prominent AI unicorns 4Padadigm raising two hefty rounds and adding another $1 billion to its valuation.
Chinese e-commerce giant Alibaba Group's Taobao launched its consumer-to-manufacturer (C2M) system to bring 10 billion orders across China over the next three years.
The coronavirus outbreak is still in full force, limiting business opportunities and impelling investors to put their activities on hold.
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The Chinese commercial drone developer EHang Holdings announced its terms for the US IPO on December 5.
On November 24, a former NetEase employee suffering from a terminal illness spoke up on social media, accusing the gaming giant of unfair treatment.
I-Mab, a Shanghai-based developer of biologic treatments for cancers and autoimmune disorders, has filed for an IPO on the Nasdaq under the symbol “IMAB”.
Two decades after the premiere of the original Mulan, Disney released the first teaser-trailer for its live-action reproduction of the iconic cartoon.
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 recently released its 2017 data related to social responsibility. During 2017, Alibaba paid more than 100 million yuan per day in taxes, drove more than 290 billion yuan in tax payments through upstream and downstream companies and created 33 million jobs.
Xiaomi and Samsung both shipped 9.2 million mobile phones, each accounting 23.5 percent of the Indian smartphone market during Q3, IDC reported on November 14. The two are now tied for India's top mobile phone brand. The news marks the first time Xiaomi has caught up with Samsung to become the top smartphone in India.