News Archives - Page 10 of 30

NIO’s Sub-Brand Alps Gears Up for Trial Production of its First Model, “DOM”

According to multiple insiders cited by Chinese media outlet 36Kr, NIO‘s sub-brand, Alps, plans to start trial production of its first model, “DOM” (internal codename), in July this year. The vehicle is expected to enter mass production and be delivered to the market in the second half of the year. Approximately three months after trial […]

BYD to Establish 600 Direct Current Charging Stations in Brazil

BYD's strategic partnership with Raízen Power is set to significantly enhance Brazil's electric vehicle infrastructure.

NVIDIA’s H20 AI Chip for China Now Open for Pre-orders

NVIDIA's special edition AI chip, H20, specifically designed for the Chinese market, is now available for pre-orders.

China Renaissance CEO Bao Fan Officially Stepped Down

Bao Fan, the CEO of China Renaissance, has stepped down from his position after a year of cooperating with an ongoing investigation and being out of the public eye.

Dreame Releases Multiple Flagship Products, with the Dual-Arm Robot Vacuum X40 Leading the Way

On February 2nd, Dreame Technology, the global pioneer in bionic dual robotic arms, held a new product launch event in Suzhou.

Open-Source Community “Linux China” Ceases Operation

On February 1st, the open-source community "Linux China" ceased updating and operating.

Alibaba Considers Selling Intime Retail in Strategic Shift

Alibaba Group is reportedly contemplating the sale of its retail subsidiary, Intime Retail, as part of a broader strategic reassessment.

TikTok Officially Takes Majority Stake in Local Tech Giant Tokopedia

Indonesian tech giant GoTo announced today that TikTok has officially completed the transaction announced in December last year, spending $840 million to acquire 75.01% of the shares in GoTo's e-commerce subsidiary, Tokopedia.

Universal Music to Cease Licensing Music to TikTok and Publicly Accuses the Platform; TikTok Responds

In its announcement, Universal Music accused TikTok of "trying to build a music-based business without paying a reasonable price for the music."

Alibaba Cloud Launches New AI and Big Data Products, Establishes Damo Academy in Shanghai

Alibaba Cloud unveiled a suite of AI and big data products for international markets at a recent summit in Singapore, aiming to accelerate global AI-driven digital transformation.

Xiaomi’s Debut Vehicle, SU7, Gears Up for Mass Production in February

"Xiaomi's debut vehicle, the SU7, is set to start mass production in mid-February, with initial estimates projecting production of 2,000 units in March and a ramp-up to over 10,000 units by July 2024."

Xiaomi SU7’s Insurance Rate Sparks Speculation on Retail Price

Lei Jun has previously dismissed rumors of low pricing, asserting that Xiaomi's car is designed to rival traditional fuel vehicles in the luxury bracket, with prices reaching up to two to three million yuan.

OnePlus Back to the German Market

OPPO and OnePlus are resuming their activities after a global patent licensing agreement was announced last week.

Tencent CEO Pony Ma’s Annual Conference Speech Exposed

On January 29th, Pony Ma, the CEO of Tencent, reviewed the development of various businesses under Tencent in the past year and proposed plans for the future at the annual meeting.

“The Most Competitive in the World”, Elon Musk Commend Chinese Automakers at Conference Call

Musk predicted the success of Chinese car makers would significantly extend beyond their domestic market, stating that Chinese automakers would "demolish" most of the world's other car companies if there were no trade barriers.

Mercedes-Benz and BMW Brilliance Auto to Establish Joint Venture in China

The European Commission has approved a joint venture between Mercedes-Benz (China) Investment Co., Ltd. and BMW Brilliance Automotive Ltd., aiming to develop public charging infrastructure for electric vehicles in China.

OPPO and Nokia Resolve All Patent Disputes

OPPO today announced that it has signed a global patent cross-license agreement with Nokia covering standard-essential patents in 5G and other cellular communication technologies.

Corporate Changes Completed at Ant Group

Ant Group has restructured its shareholder setup in January to align voting rights with economic interests, eliminating the potential for single or joint shareholder control.

JD.com to Sponsor China’s 2024 Spring Festival Gala, Aiming at Acquiring More Users from Small Cities

JD.com is gearing up to make a significant impact during the Year of the Dragon Spring Festival Gala, leveraging its various businesses.

Alibaba Confirms Major Share Accumulation by Jack Ma and Blue Pool Fund, Stock Soars

Alibaba has been one of the Chinese internet companies that has been most aggressively repurchasing its shares in the past year.

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