NIO To Launch New Headquarters in Hefei, Receives 10-Billion-Yuan Investment
On February 25, the signing ceremony of Anhui province's major industrial project took place at the JAC-NIO production base in Hefei.
2/25/20202 min read
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Geely-backed Caocao Inc. Goes for Hong Kong IPO
According to data from Frost & Sullivan, based on the total transaction value (GTV), CaoCao Chuxing ranked among the top three ride-hailing platforms in China in 2021, 2022, and 2023.
5/1/20243 min read
Alibaba Launches E-Commerce Platform Miravia in Spain
Earlier this month, Chinese e-commerce giant Alibaba was reported to be officially launching Miravia, a new e-commerce platform for the Spanish market. A source close to the company confirmed this news.
11/30/20223 min read
iQiyi's Q3 Revenue Reaches $1.2 Billion, Net Loss Reaches $268.4 Million
iQiyi, an online video platform in China, announced its unaudited financial results for the third quarter on Wednesday. The financial report shows that the total revenue of iQiyi in the third quarter was 7.6 billion yuan ($1.2 billion).
11/17/20212 min read
Perfect World Records Strong Gaming Revenue Growth in 2019 and Q1 2020
Perfect World reported steady revenue growth from its gaming business in 2019 and the first quarter of 2020.
4/24/20203 min read
CATL and Bosch Open Joint New Energy Vehicle Maintenance Station
On July 25, the first dual-brand new energy vehicle repair station of Contemporary Amperex Technology Co., Limited (CATL) and Bosch's after-sale auto services arm in China, officially opened.
TuSimple Completes World's First Unmanned Semi-Truck Public Road Test
TuSimple announced that it has successfully completed the world's first fully autonomous semi-truck run on open public roads without a human in the vehicle and without human intervention.
12/30/20212 min read
Drone Firm DJI to Launch Three New Products
At 9:00 pm on Monday, DJI, a commercial unmanned drone developer headquartered in Shenzhen, will hold a product launch conference with the theme of "To Guardians."
Lenovo's ZUK Announces Official Return with a New “Bezel-less” Phone Releasing in June
The official Weibo account of ZUK, a smartphone brand under Lenovo, shared the Weibo post of Lenovo's VP Chang Cheng yesterday, adding that they are “coming bac...
5/11/20182 min read
Mech-Mind Robotics Completes Round C+ Financing
Robotics company Mech-Mind Robotics announced on Monday that it had completed a C+ round of financing. This round of financing was led by one of the world's top investment institutions, followed by IDG Capital.
6/20/20222 min read
ByteDance Launches Short Video App for Children's Education
ByteDance recently launched an App called "Xiaoquxing", which will mimic some of the features of its popular APP for adults, including hosting short video content, but the APP will be specially designed for children.
9/22/20213 min read
Leapmotor to Raise $1B in Hong Kong IPO, Starts Trading on September 29
On September 20, Leapmotor, a Hangzhou-based smart electric vehicle brand, announced through the Hong Kong Stock Exchange (HKEx) that it will issue 131 million shares at a price of HK $48 to HK $62 ($6.12 - $7.9) per share.
9/20/20224 min read