Why is the Community Group Buying Model Surging in China?
People in China shop online for nearly everything. To expand the market size, China saw new opportunities in the community group buying segment.
12/15/20203 min read
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FTX Founder Denies Acquisition of Crypto Exchange Huobi
News emerged on August 29 that crypto exchange FTX has officially acquired its competitor Huobi and will change its name to HTX. However, this rumor was denied by FTX's founder and CEO Sam Bankman-Fried.
8/30/20222 min read
NIO Seeks Secondary Listing in Hong Kong
Chinese electric vehicle maker NIO Inc. filed a document to the Hong Kong Stock Exchange (HKEx) on Monday, expressing plans to list on its Main Board by way of introduction.
2/28/20222 min read
Tesla Announces Software Updates for Chinese Customers, Enhancing Autopilot Capabilities
The upgraded Autopilot system is designed to navigate complex urban driving scenarios with greater precision.
China's Inaction Ends the Qualcomm-NXP Deal as Deadline Passes
Qualcomm lost its chance to own NXP Semiconductors as China did not approve of the deal before the deadline on Thursday midday Beijing time. SEE ALSO: U.S. Fea...
Meituan Establishes the Platform Product Department
Meituan has set up a new platform product department, and a new design department under the platform product department. This department will gather resources from various design departments such as in-store and home delivery within the company.
Soul App’s 2024 Survey on Gen-Z Attitudes towards AIGC: Potential Goldmine and Likely Cure for Loneliness
The research arm of the social platform Soul App, Just So Soul, conducted a survey on Generation Z's attitudes towards AIGC.
Xiaomi Invests in Semiconductor Chip Developer Shanghai GTA Semiconductor
GTA Semiconductor carried out a change in registration with the country's Industrial and Commercial Administration on December 31, 2021, adding Xiaomi and other firms as shareholders.
1/4/20222 min read
Alibaba Partners with Sensetime to Launch AI Lab in HK
Alibaba is partnering with artificial intelligence startup Sensetime to establish a not-for-profit artificial intelligence lab to foster tech talent in Hong Kon...
Apple and Foxconn Accused of Breaching Chinese Labor Laws
China Labor Watch recently released a 51-page report detailing the labor abuses of the US tech giant Apple and one of their main suppliers for iPhone parts, Foxconn.
Tesla's Optimus Robot to Debut at Shanghai's 2024 World AI Conference
On the evening of July 3, Beijing time, Tesla's official Weibo announced that the second-generation humanoid robot, Optimus, will make its debut at the 2024 Wo...
Digital CRO Ashermed Completes Round-B Financing
Ashermed, a digital clinical research organization (CRO) focusing on the post-launch services market for innovative medical equipment, announced the completion of round-B financing of over $14.86 million.
5/11/20222 min read