Autonomous Trucking Startup Inceptio Completes Capital Raising of $100 Million
Inceptio Technology announced that it has completed $100 million in equity financing.
4/29/20202 min read
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TikTok Owner to Launch a Music Service Just as its Music Licenses are About to Expire
Just over a month ago news surfaced that TikTok’s music licenses were expiring, which could put the company in a complicated situation.
5/21/20194 min read
Xiaomi Producing Smartphones in Vietnam
Beijing-based consumer electronics company Xiaomi has started to produce smartphones in Vietnam.
7/5/20222 min read
U.S. Stock Market Crash Continues, with Spillovers into Asia and Europe Markets
Global stock market saw a major meltdown this week, caused by concerns over the tightened fiscal policy in the U.S. A bloodbath in American markets earlier this...
10/12/20182 min read
CATL to Establish First Zero-Carbon Battery Plant
Leading Chinese power battery firm CATL announced on Thursday that it will establish the world's first zero-carbon battery factory in Yibin, Sichuan province.
3/25/20222 min read
Taobao President Demoted Over Suspected Ties to Social Media Influencer
After an investigation conducted by a special investigation team, Alibaba Group has made a decision to demote Fan Jiang, the current president of Taobao and Tmall.
Qatari Prince Opens Douyin Account After Becoming Hit in China
During the ongoing FIFA World Cup in Qatar, Abdulrahman Fahad al-Thani, a member of the country's ruling family, has become a hit among Chinese fans. On November 27, he officially set up an account on TikTok's sister app for mainland China, Douyin.
Geely to Establish Aerospace Company in Guangzhou, Aiming to Develop Satellites and Communications Equipment
Chinese leading automaker Zhejiang Geely Holding Group announced on Tuesday that it plans to establish a commercial aerospace company in Nansha District of Guangzhou.
3/31/20212 min read
Ang Ubtech Robotics ay naglalaan ng maliliit na robot sa 300 kindergarten sa Seoul, South Korea
<p>Hankkeen tarkoituksena on tuoda Alpha Mini, UBTechin opetusrobotti paikallisiin lastentarhoihin, jotta esikoululaisille voitaisiin antaa lisäopetusta älykkäästä älystä.</p>
12/8/20213 min read
Geely's Geometry Auto to Use Huawei HarmonyOS in New EV
Geometry Auto, a new energy vehicle brand under Chinese auto firm Geely, officially announced on August 4 that it has reached a cooperation with Huawei's HarmonyOS to create a new intelligent automotive ecology.
8/4/20222 min read
Cainiao Donates Exercise Books Made from Recycled Shipping Boxes to Rural Students
Cainiao Network, Alibaba Group's logistics arm, distributed 50,000 exercise books made from recycled shipping boxes to nearly 10,000 students in 29 rural primary schools located in rural areas of southwestern China in April.
5/11/20232 min read
Alibaba, Tencent, Others Fined for Disclosure Violations
China's State Administration for Market Regulation (SAMR) published 28 administrative penalties on July 10 for failing to declare illegal concentration of business operators.