Alibaba Denies $1 Billion Investment in DeepSeek
Alibaba Vice President Yan Qiao said: As a Hangzhou-based Chinese company, we applaud DeepSeek, but the information circulating outside that Alibaba has invested in DeepSeek is false news.
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SHEIN Seeks $10B in Financing for $100 Billion Valuation
Fast fashion e-commerce company SHEIN is now in talks with General Atlantic regarding a new round of financing.
4/6/20223 min read
Huawei Releases Multiple Smart Office Devices, Number of Users Upgraded to HarmonyOS 2 Surpasses 100 Million
During a smart office product launch event on Monday, Huawei released several new products and announced that the total number of users who have upgraded their devices to HarmonyOS 2 has passed the 100 million mark.
9/14/20213 min read
Vivo Unveils X80 Series, Two Chipset Options for X80 Pro
Chinese smartphone brand vivo unveiled its latest X80 series on Monday, including the vanilla X80 and the X80 Pro. The highlight of the launch conference was a choice of chipsets in the higher end model, the X80 Pro.
4/25/20223 min read
Livecast #13: Raymond Huang, ex-CSO of MOGU, the 1st Livestreaming eCommerce Company in China
Raymond Huang was most recently the Chief Strategy Officer of MOGU (蘑菇街), a publicly listed Chinese eCommerce company, and the FIRST one to launch livestreamin...
11/22/202131 min read
Pinduoduo Goes Public in the U.S., Stock Price Surges 44%
China's social commerce group discount platform Pinduoduo had its debut on the Nasdaq at 7 p.m. July 26 (Beijing time), and ended its first trading day with a s...
7/27/20182 min read
Bilibili Launches E-Commerce Livestreaming for Upcoming Double 11 Shopping Festival
Chinese video content platform Bilibili on October 14 officially launched a new online shopping function within the livestreaming part of its homepage, ahead of the country's popular "Double 11" shopping festival.
10/24/20222 min read
No Other Choice: It’s About Time Hong Kong Tried a Different Control and Prevention Model For Covid-19
In this op-ed, tuzhuxi argues that Hong Kong lacks the necessary political, social and cultural foundations to execute the “Dynamic Zero-Covid” strategy, and meanwhile it dares not perform the “lying flat” policy to coexist with the virus.
2/17/202226 min read
NIO CEO William Li: Mass-Market Brand to Achieve Capacity of 500,000 Units
Firm CEO William Li said that NIO would launch a new brand to enter the mass market, emphasizing "mid-to-high-end."
6/17/20222 min read
Game Platform Steam to Launch Domestic Chinese Version Soon
On August 21st, Chinese video game developer Perfect World officially announced the Chinese name for the project previously referred to as “Steam China”.
8/22/20192 min read
JD.com to Buy $2 Billion American Goods in 3 years
JD.com pledged to purchase $2 billion worth of American goods during the next three years, including $1.2 billion of American beef and pork, the company said on...
11/10/20172 min read
Equipped With DJI Tech, 2023 KiWi EV Set for Sept 15 Launch
Chinese automotive firm Wuling Motors announced on September 8 that its 2023 KiWi EV, the world's first model equipped with the "Lingxi intelligent driving system," will be officially launched on September 15.
9/8/20222 min read