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Following Alibaba’s historic secondary listing on the Hong Kong stock exchange, other Chinese tech giants including Baidu are considering a similar strategy, according to IPOzaozhidao.
According to people familiar with the matter, the pre-IPO valuation of Kuaishou, one of China’s leading short-video start-ups, has reached $25 billion.
Shenzhen-based automaker BYD announced on July 22 that its first A-class electric SUV based on the firm's e-platform 3.0 architecture, known as the Yuan Plus in the domestic market, was recently launched in San Jose, Costa Rica.
Chinese Artificial Intelligence (AI) chipmaker Horizon Robotics announced a massive $600 million funding in its Series B financing round, setting a new record of funding in the AI chip making industry.
BYD is also going to build humanoid robots and is recruiting talents in the field of embodied intelligence globally.
Tesla's new Model Y has started delivery in China, with the price starting at $36,121.
LatePost reported on Wednesday that the number of daily active users of video platform Bilibili has exceeded 65 million, surpassing Youku to become the third largest long-form video platform after iQiyi and Tencent Video.
When it comes to the most refreshing Chinese Youtube influencer of 2019, most people think of Li Ziqi, a Chinese vlogger whose videos focus on the beautiful scenery and the rural life in the Chinese countryside.
HP denies moving half of its PC production out of China, stating that its PC manufacturing business in China remains significant.
Ofo, a bankrupt bike-sharing platform, has recently faced criticism on Chinese social media for its deposit refund routines. The function was later deleted by the firm.
A set of commemorative coupons was issued jointly to celebrate the 600th anniversary of the Forbidden City, also known as The Palace Museum.
Chinese electric vehicle maker XPeng announced on July 5 that its G3i model ushered in an over-the-air (OTA) update in which functions which have often been requested by netizens are now provided.