Sunwoda Electric Vehicle Battery Breaks $1B in Round-A Financing
Sunwoda Electric Vehicle Battery Co., Ltd. (Sunwoda EVB) announced on August 25 that it has completed round-A financing of about 8 billion yuan ($1.17 billion).
8/26/20222 min read
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Xiaomi Market Value Reaches HK$600 Billion, Share Price Soars 6%
The market capitalization of Xiaomi Group exceeded HK$600 billion on Sept. 1 for the first time, and its share price is now at HK$25, soaring 6%.
9/3/20202 min read
Shopastro Surpasses $10M in A-Round Financing
Shopastro, a full-link service provider for Chinese brands operating in overseas markets, has recently received over $10 million in round-A financing.
3/28/20223 min read
JD Auto Reaches Strategic Cooperation With Prinx
JD Auto, an online car selling platform operated by Chinese e-commerce giant JD.com, on July 27 formally signed a strategic cooperation agreement with EV tire brand Prinx.
8/5/20222 min read
ByteDance Annual Revenue in 2021 Is About $58 Billion USD, Y-o-Y Increase of 70%
The total revenue of TikTok's parent company, ByteDance, increased by 70% year-on-year in 2021 to about $58 billion, a slower growth rate than a year ago.
SAIC Motor Set to Launch Autonomous Driving Services in Shanghai by August
Ordinary citizens in Shanghai will soon be able to book rides in L4 level autonomous taxis through various companies' online platforms.
7/25/20243 min read
China’s Leading Ride Hailing Platform DiDi Releases “2020 in Numbers” Report
DiDi released a “2020 in Numbers” report on Thursday to capture the firm’s highlights from last year, with the pandemic in 2020 bringing the firm new opportunities and challenges.
1/29/20213 min read
Westlake University Team Develops Fast-DetectGPT, Capable of Identifying AI-Generated Text
Without the need for training, Fast-DetectGPT can directly use open-source small language models to detect text content generated by various large language models.
What Do Tesla Shanghai Gigafactory Workers Look Like?
Although the young people working in Tesla's Shanghai Gigafactory have relatively higher wages, a tight production pace leads to a higher turnover.
Xiaomi Releases Exploration Version of Smart Glasses, Supporting Call, Navigation and Voice Translation
The exploration version of Xiaomi Smart Glasses has now been officially released. As a brand-new interactive wearable intelligent device, the product integrates a large number of sensors and communication modules.
9/14/20212 min read
Beijing Company Fined for Illegally Providing Online Game Services to Minors
An information technology company in Beijing was warned and fined 100,000 yuan by Beijing police for illegally providing online game services to minors through its self-operated gaming platform.
9/15/20212 min read
Life Reboot: Young Rural Merchants with Disabilities Hustle to Support themselves on Pinduoduo
“Looking into the Milky Way with stars all over the sky, I feel that humans are humble, and my heart will be purer.” Yang said.
8/14/20205 min read