HeyTea Sets Beverage Price Limit at $4.6
HeyTea, a beverage brand in China, announced on Thursday that it has completed product price adjustments started in January of this year.
2/24/20222 min read
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Evergrande Group Invested $860 Million in Start-up Faraday Future, Now Largest Shareholder
Evergrande Group, a Shenzhen-based Chinese real estate giant, has acquired 100 percent shares of Season Smart Limited for HKD 6.746 billion($860 million), becom...
6/26/20183 min read
Meitu Launched AI Gift Money during Spring Festival and is Spreading Overseas Rapidly
During the Spring Festival, Meitu, an image processing app, launched an activity called “win money with face score”. Chinese Internet giants used AI (artificial...
Qualcomm’s New Snapdragon 8 Gen 1 to Power Xiaomi and OPPO Smartphones
Qualcomm unveiled its new flagship smartphone processor - the Snapdragon 8 Gen 1 - at the company’s annual Snapdragon Tech Summit held on Wednesday.
12/1/20213 min read
Chinese Metaverse Startup Xmov Attains $130M in New Funds
Chinese metaverse-focused startup Xmov announced on Wednesday that it has completed rounds B and C of financing, garnering a total amount of $130 million.
4/6/20222 min read
Nine Geely 01 Low-Orbit Satellites Successfully Launched
At 12:00 on June 2, China successfully launched the Geely-01 satellites through a Long March 2-C carrier rocket from the Xichang Satellite Launch Center in southwest China's Sichuan Province.
6/2/20222 min read
Chinese Social Media Platform Weibo Issues First ESG Report
China's leading microblogging site Weibo released its first Environmental, Social and Governance (ESG) report on August 2, mainly covering the information and data of the platform in 2021.
8/2/20222 min read
Autonomous Driving Startup TuSimple Explores Sale of China Unit
Autonomous driving startup TuSimple is looking to sell its business in China and focus on the U.S. market, after the startup reached an agreement with the U.S. government to restrict the China unit's access to data.
3/17/20222 min read
Brake and Startup Failures Reported in Xiaomi SU7
Some Xiaomi SU7 owners have encountered various problems shortly after picking up their cars, including suspected sudden brake failure.
TikTok Sets Goal of $12 Billion in Advertising Revenue in 2022
TikTok's advertising revenue in 2021 reached nearly $4 billion. Multiple sources also said that the company's goal for 2022 is to achieve at least triple the growth.
1/13/20222 min read
Insta360 Receives IPO Approval in Mainland China
On February 27th, the Chinese intelligent imaging brand Insta360 received official approval for its IPO application in China.
2/28/20254 min read
'Avengers: Infinity War' Grossed 1.29 Billion in China's Opening Weekend
The Marvel movie "Avengers: Infinity War", also known as Avengers 3 in China, has attracted huge amounts of attention since its release in China on May 11. Acco...
5/14/20183 min read