Tongyi Qianwen's Flagship Model Qwen-Long Announces A 97% Price Reduction
After ByteDance released the DouBao large model, Alibaba Cloud quickly followed suit: the main model Qwen-Long, announced a price reduction.
5/21/20242 min read
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Shipments of BOE Display Screens Rank First Globally for Three Consecutive Years
Chinese screen manufacturer BOE on December 21 released the country's first tech brand focused on semiconductor displays, including three sub-brands: ADS PRO, f-OLED and α-MLED.
12/27/20212 min read
China Passenger Car Association: Tesla's July Domestic Sales Totaled 30K Units
According to a report released by the China Passenger Car Association on August 4, BYD's wholesale volume in July reached 162,200 units, while Tesla's domestic wholesale volume in July was estimated to be 30,000 units.
Seres SF5 SUV Sees Price Increase of $2,997
According to automobile brand Seres on Thursday, due to increases in the cost of raw materials, the price of the company's SF5, a model jointly developed with Huawei, rose by 20,000 yuan ($2,997) since Friday.
5/6/20222 min read
NIO Test Drive Crash Causes One Death and One Serious Injury
An accident involving a NIO vehicle in Shanghai has led to one death and one serious injury, sparking much discussion on Chinese social media. The electric vehicle suddenly accelerated onto the sidewalk during a prospective buyer's test drive.
2/15/20232 min read
LinkedIn Introduces InCareer, New App to Help Professionals in China Find Jobs
On Tuesday, LinkedIn officially launched its new app for the Chinese market, InCareer. The app is designed to help Chinese mainland professionals find jobs while also helping companies discover great talent throughout the country.
Temu Leverages on Pinduoduo Sourcing Network For Best E-Commerce Deals
Temu, the newest entrant to the US e-commerce industry under Nasdaq-listed PDD, is securing the best deals for customers by leveraging the extensive network of merchants, manufacturers, and logistics partners built up by its sister company.
9/16/20222 min read
Full Truck Alliance Launches Intra-city Freight Brand to Compete with Lalatech
Full Truck Alliance launched its own intra-city freight brand called "Sheng Sheng". This move suggests that the company aims to compete with Lalatech in its dominant market.
4/21/20233 min read
How Buffet-Backed BYD is Changing Public Transport, One Electric Bus at a Time
Whether internationally recognized or not, however, the company is already the world’s largest producer of electric buses and is quietly beginning to transform urban transportation across the world.
"Meta-morphic" NFTs by Chinese Artist Huang Yuxing With LiveArt Sell Out in One Minute
Meta-morphic, an NFT project pioneered by Chinese artist Huang Yuxing alongside LiveArt, opened for sale at 8:00 p.m. on September 23, Beijing time. A total of 800 units were sold in the pre-sale phase, while 670 units sold by the official platform sold out within one minute of the launch.
Luckin Coffee Names Guo Jinyi Chairman and CEO After Founder Charles Lu Ousted
Luckin Coffee appointed Guo Jinyi, a board director and former acting CEO, as chairman and CEO in replacement of its co-founder and former chairman Charles Zhengyao Lu.
7/14/20202 min read
Security Computation Company Lanxiang Zhilian Completes A-Round Financing of $31.44M
Lanxiang Zhilian, an online security computation company, announced on Wednesday that it had completed an A round of financing worth nearly 200 million yuan ($31.44 Million).
2/9/20223 min read