ByteDance Invests in Dubai-based iMile Delivery
People familiar with the matter said that TikTok's parent company ByteDance had invested in iMile, a logistics company based in Dubai.
11/30/20212 min read
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Mixed Reality Glasses Developer Nreal Cooperates with LG Uplus to Launch AR Glasses
The leading developer of mixed reality glasses Nreal and the South Korean cellular carrier LG UPlus jointly announced on Aug. 11 the launch of the direct-to-consumer contract subsidized version of AR glasses "Nreal Light."
China’s E-commerce Platform Pinduoduo Collaborates With National Research Center in Smart Agriculture
China’s e-commerce platform Pinduoduo signed a strategic cooperation agreement in smart agriculture with a national research institute on Sunday.
10/22/20205 min read
Apple Revenue Up 11% in Q4 in China After Personnel Adjustment
Apple US announced its revenue from the fourth quarter last year, which is also the first quarter of Apple's 2018 fiscal year. Though iPhone and iMac sales fell...
Halted Acquisition by Tencent May Underpin Layoffs at Gaming Phone Firm Black Shark
Black Shark, a Chinese gaming smartphone brand, has recently been significantly shrinking its number of employees, with layoffs involving various departments and reaching a rate of nearly 50%.
10/10/20223 min read
iQiyi Lays off Employees to Reduce Costs
Chinese video platform iQiyi had begun laying off employees today which, according to some who had been laid off, is the largest round of layoffs in the company's history to date.
12/1/20212 min read
JiDU to Unveil Robot Concept Car on June 8
JiDU, a company jointly developed by Baidu and Geely, announced on Monday that it will hold an launch event on June 8 at which time it will unveil its robot concept car.
5/16/20222 min read
Spy Photos Exposed of NIO EC7 and Shooting Brake Version of ET5
The founder of Chinese electric vehicle maker NIO has said that the company will launch new products during "NIO Day" on December 24. On December 19, spy photos of the firm's EC7 model and ET5 shooting brake version were exposed.
12/20/20223 min read
Electric Vehicle Prices Continue to Drop in China as Europe Sees 28% Rise
Reporting from vehicle data analysis company Jato Dynamics indicates that the price of electric vehicles (EV) has dropped sharply in China but increased across Western countries over the past decade.
8/20/20212 min read
Canalys: China's Cloud Infrastructure Services Market Reaches $27.4B in 2021
Canalys published its annual cloud services market share report for China on Monday. Overall, 2021 was a strong year in the mainland of China, with the cloud infrastructure services market growing 45% to a total of $27.4 billion.
3/21/20223 min read
Xiaomi’s Mi TV Shipment Ranks First in China Third Year in a Row
This year marks the tenth anniversary of Xiaomi’s Mi TV's birth. The Chinese consumer electronics giant announced on Monday that its Mi TV lineup has ranked first in China in terms of shipping for the third year in a row.
5/30/20222 min read
ByteDance's Douyin Group Adjusts Organizational Structure
ByteDance-owned Douyin Group has adjusted its organizational structure, naming Han Shangyou, the current vice president of Douyin, as the platform's new head, managing several business lines.
12/19/20223 min read