Microsoft China Sets Up World's Largest AI and IoT Lab in Shanghai
Microsoft's largest artificial intelligence (AI) and IoT lab in the world has settled in Zhangjiang, Shanghai.
1/16/20192 min read
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Merits and Risks of VIPKID: Are 30,000 Foreign Teachers Worth $1B?
The founder of VIPKID, Mi Wenjuan has a mixed disposition that fuses the elite with the underworld. One of VIPKID's investors told Huxiu.com about his most prof...
CATL to Unveil Kirin Battery Model on August 27
Chinese power battery giant CATL has announced plans to hold a launch event for vehicles equipped with its Kirin battery on August 27.
8/26/20223 min read
Evergrande Auto Seeks $4.2B to Avoid Production Halt
On March 22, Evergrande, a property developer that has been at the center of China's property sector crisis, issued a warning stating that its electric vehicle division may need to suspend production if it fails to secure new financing.
3/23/20233 min read
BMW to Use CATL and EVE Energy's Cylindrical Cells in 2025
German automotive maker BMW Group will use cylindrical cells in its Neue Klasse models starting in 2025. To meet cell demand, it has awarded cell production contracts to two Chinese battery manufacturers, CATL and EVE Energy.
Wechat Pay is Available in App Store and Apple Music
Since August 29, Wechat Pay is available for users in Chinese mainland to purchase in the App Store or subscribe in Apple Music. Users can choose to bind and t...
Cainiao Network CEO: Average Daily Cross-Border Parcels Exceed 5 Million
On Thursday, at Alibaba's Investor Day 2021, Wan Lin, CEO of Cainiao Network, said that Cainiao has continuously invested in global logistics infrastructure over the last eight years.
12/17/20212 min read
Tmall Supermarket and Import/Export Business Unit Upgraded to 'Business to Customer' Retail Business Unit
On Wednesday, Alvin Liu, President of Tmall Supermarket and the Import and Export Business Unit, issued an internal letter saying that the business group has been upgraded to a business to customer ('B2C') retail business group.
Honor Magic V: First Foldable Smartphone Equipped with Snapdragon 8 Gen 1
Chinese smartphone brand Honor held a press conference on Monday to release several new products and services, including its newest handset, the Magic V foldable smartphone, a new operating system and the GS 3 smart watch.
1/10/20224 min read
MIX 2S is Exposed: Integrating Screen Fingerprint Technology
Xiaomi will likely release the MIX 2S smartphone after Chinese New Year. A Weibo user unveiled the appearance, design, and configuration information of MIX 2S. ...
2/11/20182 min read
Industrial Software Firm UniVista Surpasses 1.1B Yuan in Pre-A Financing
Shanghai UniVista Industrial Software Group, an EDA and industrial software solutions provider, announced on Wednesday that it has completed a pre-A round of financing exceeding 1.1 billion yuan ($164.3 million).
6/1/20222 min read
Kuaishou Launches Blue-collar Recruitment Platform: Kuaizhaogong
Kuaishou, a leading content community in China, recently launched a live-streaming recruitment function on its platform called Kuaizhaogong.
1/26/20222 min read