Luckin Coffee Denies Short Selling Allegations As Share Price Rebounds 15.6%
Shares of Luckin Coffee, Chinese coffee retail chain, rose 15.6% to $36.24 in afternoon trading on Tuesday, closing at $36.63 after hours.
2/5/20202 min read
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Redmi Launches Its First Flagship Smartphone Redmi K20 Pro
On May 28, Redmi launched its first real flagship device, the Redmi K20 Pro. Alongside it, Redmi also released a non-pro version with lower specs, the Redmi K20.
5/28/20193 min read
Christmas Gift Ideas - Tech Edition
Buying Christmas gifts for friends and family can be one of the most stressful parts of the holiday season. But don’t worry! We’ve got you! We have collected so...
12/18/20188 min read
BYD Inks Deal With Malaysian Auto Dealer Sime Darby Motors
Chinese electric vehicle manufacturer BYD signed a contract on September 28 with Sime Darby Motors (SDM) Malaysia, reaching a cooperation agreement regarding passenger cars.
10/10/20222 min read
China to Accelerate Development of Methanol-fueled Vehicles, Geely Makes Plans in Advance
China's Ministry of Industry and Information Technology said on September 16 that the development of the methanol-based economy has played an important role in diversifying energy sources and ensuring the country's energy supply.
9/19/20223 min read
Baidu COO Lu Qi Steps Down, Wang Haifeng takes over AI projects
Baidu Inc. COO Lu Qi has resigned and will no longer serve his current position after July 2018. SEE ALSO: Baidu CEO: Chinese consumers favor efficiency at the...
MiniMax Unveils Open-Source AI Models Featuring Lightning Attention for Ultra-Long Contexts
Shanghai-based AI startup MiniMax announced the release and open-sourcing of its next-generation MiniMax-01 series models. This release includes the foundational language model MiniMax-Text-01 and the visual multimodal model MiniMax-VL-01.
1/15/20252 min read
Leading Intelligent Lighting Company Yeelight Completes Round E Financing of 300 Million Yuan
Yeelight, an intelligent lighting company, announced the completion of the round E financing worth 300 million yuan (about $47.1 million).
12/29/20213 min read
US Chip Firm Marvell Cuts R&D Staff in Shanghai and Chengdu
American chip designer Marvell is cutting some R&D roles for its operations in China. The firm did not specify how many employees would be affected by the cuts.
Meituan and Ele.me to Strictly Forbid Inducing or Forcing Delivery Riders to Register Individual Industrial and Commercial Households
Rumors have spread concerning food delivery platforms requiring their riders to register as individual industrial and commercial households, so as to avoid a responsibility that companies should bear. Meituan and Ele.me responded.
9/15/20213 min read
CATL Debuts Shenxing Battery in Europe: 10-Minute Charge, 400-Kilometer Range
CATL unveils the Shenxing ultra-fast charging battery in Europe: 10-minute charge, 400-kilometer range.
System Optimization Software Company Ludashi Lists in Hong Kong, Shares Soar 104% Within a Day
Ludashi (lit. Master Lu), a computer system optimization and security firm recently spun off by the Chinese Internet conglomerate Qihoo 360, went public in Hong Kong on October 9.
10/10/20192 min read