Bai Jian, VP of NIO, Takes Over the NIO Phone Department
On January 6th, an internal email from NIO revealed that the NIO Phone business will be taken over by NIO's Vice President and Head of Hardware, Bai Jian.
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Geely Will Release the World's First All-scenario AI Large Model in the Automotive Industry
On July 31st, it was announced at Geely Automobile's internal conference that CEO Gan Jia Yue revealed that Geely Automobile has developed a fully self-developed AI large-scale model technology and will be released to the public in the second half of this year.
7/31/20232 min read
Douban Urged to Address Network Issues
In view of the serious network chaos on social platform Douban, Cyberspace Administration of China instructed the Beijing Internet Office to send a team of moderators to the website on Tuesday to supervise the APP's overhaul.
3/15/20222 min read
Zeekr Launches Vehicle Subscription Service with Personalized Rentals
Chinese smart car brand Zeekr announced the launch of its vehicle subscription service, called "Zeekr Subscription", and opened its first operations in Hangzhou.
6/14/20222 min read
Huawei Introduces Mate 20 Series: Wireless Charging, Triple-Camera Array and Much More
Chinese smartphone manufacturer Huawei unveiled its latest smartphones, the Mate 20 Series, which include the Mate 20, Mate 20 Pro, Mate 20 RS, and Mate 20 X, o...
10/17/20184 min read
China VC Weekly: COVID Vaccine and Xiaomi’s First EV Moves
In last week’s VC news, pharmaceutical firm Stemirna Therapeutics raises roughly $188 million for COVID vaccine trials, Xiaomi-backed fund invests in autonomous driving startup Zongmu Technology shortly after the company announced a foray into the EV market, supply chain information startup Xforceplus closes $200 million Series C round.
6/8/20215 min read
Qihoo 360 Denies Rumor of Disguised Layoffs
Reports surfaced Monday suggesting that Chinese internet security firm Qihoo 360 has recently laid off employees from several departments in a disguised manner.
Tencent Reduces Holdings in New Oriental's Koolearn
According to documents disclosed by the Hong Kong Stock Exchange (HKEx) on Monday, Tencent Holdings sold 74.6 million shares in New Oriental's Koolearn from June 15 to June 16.
6/21/20222 min read
Sogou Map to Cease Operations on May 15
Sogou Map announced through its official website on Wednesday that it would officially stop operations at 23:00 on May 15, closing all services.
Chinese Economical Beverage Brand MXBC Enters Singapore and Malaysia
MXBC, a chain brand dedicated to creating fresh ice cream and tea drinks in China, has officially entered Singapore and Malaysia, two Southeast Asian countries.
3/4/20222 min read
XPeng Motors Denies the Acquisition of Maserati
Recently, there were rumors that the emerging automaker Xpeng Motors would acquire the luxury car brand Maserati. However, Xpeng Motors has now denied these rumors.
8/18/20232 min read
QR Code: A Covid Innovation in The U.S., A Lifestyle in China
The basic application of QR Codes includes adding new contacts, making payments, and of course, placing orders in restaurants. But it can do so much more.
8/30/20214 min read