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.
For the time being, any given idol survival show in China is still more of a traffic and popularity generator rather than a project that aims to reinvent the idol industry.
QCraft has raised tens of millions of US dollars in a seed funding round from IDG Capital, Vision+ Capital and Tide Capital, the company said in a statement Friday.
Since 2014, OPPO has been studying VOOC flash charging. And the company launched SuperVOOC 2.0 in 2019, which achieved the highest charging power ever on a mobile phone.
An internal investigation by Luckin Coffee has revealed that hundreds of millions of dollars of sales in 2019 were “fabricated”, wiping almost 75 percent from the value of the company.
Chinese food delivery service company Meituan Dianping (Meituan) warned a negative year-on-year revenue growth and operating loss for the first quarter of 2020 as a result of the pandemic.
Despite Luo betraying his own brand and advertising for a competitor to repay his debts, his showmanship and flamboyant persona did the job quite well.
Chinese AI technology and service provider 4Paradigm said on Thursday that it raised a total of $230 million in its latest Series C and C+ funding rounds.
Chinese AMR (Autonomous Mobile Robot) company ForwardX Robotics announced today the recent completion of a Series B+ round of financing worth more than 100 million yuan.
China’s State Council announced a two-year extension of the “new energy vehicle (NEV)” subsidy and tax exemption that would initially expire at the end of this year.
