Luckin Coffee’s Latest Sales Data Reveals Slower Yet Continued Growth
The performance fraud scandal has put the spotlight on Luckin Coffee’s sales data, and the latest has just been disclosed.
12/24/20203 min read
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Xpeng P7 Allowed for Road Tests in U.S.
Xpeng Motors revealed that Xpeng P7 sports sedan received an import permit for research purposes from the National Highway Traffic Safety Administration (NHTSA) last week.
3/17/20202 min read
Alibaba’s Parcel Delivery Service Cainiao Guoguo Saw a 20% Surge in Daily Delivery Volume in 2020
Cainiao Guoguo, the parcel delivery service under Alibaba Group Holdings’ Cainiao Smart Logistics Network, released a 2020 Courier Report on Jan.8, showing China’s rapid growth in the logistics sector last year.
1/11/20212 min read
iOS 15's New Privacy Feature Reveals Some Chinese Applications May Have Collected Excessive User Information
After testing Apple products' new privacy feature, it was found that WeChat, Meituan, Baidu Maps and other popular applications continuously obtained users' personal information by running in the background.
10/12/20213 min read
Who is the Young Chinese Man That Paid $4.57 Million for Lunch with Warren Buffett?
Cryptocurrency entrepreneur Justin Sun bid a record $4.57 million for lunch with the legendary American investor Warren Buffet.
6/5/20194 min read
Newsletter: Is Alibaba CEO Jack Ma Ready to Retire?
Here are the hot trending topics in China last week: Editor's Pick Q&A on Bullet Messenger and its “Non-impactful Innovations” Is the new messagi...
9/14/20182 min read
ATRenew Achieves Record Revenue and Profit in 2024 as Trade-in Momentum Accelerates
ATRenew, a leading Chinese platform for pre-owned consumer electronics trading and recycling, announced robust financial results for the fourth quarter and full year of 2024 on March 11, highlighting strong revenue growth and profitability driven by accelerating trade-in services and diversified product offerings.
China's First Batch of Carbon Neutral ETF Products Approved
China's first batch of CSI SEEE Carbon Neutral Index ETFs was officially approved on Tuesday. Eight money management companies reported such ETF products in April this year.
6/28/20223 min read
China Expects to Start Space Travel in 2025
"Chinese commercial aerospace has ushered in the best development opportunity. It will catch up with the development level of the US within 10 years," said Yang Yiqiang, the first commander-in-chief of the Long March-11 rocket.
9/19/20224 min read
Redmi 10X Launched With Latest MediaTek SoC and Dual 5G Standby
Redmi presented the Redmi 10X, its latest handset equipped with a MediaTek Dimensity 820 processor specially fitted.
5/26/20202 min read
58.com Signs $8.7 billion Take-Private Transaction
China’s largest classified advertising platform 58.com announced today that it has entered into a merger agreement with Quantum Bloom Group Ltd.
6/16/20202 min read
JueFX Reaches Cooperation with Chip Manufacturer Horizon Robotics
Chinese smart driving chipmaker Horizon Robotics on Wednesday officially became a strategic partner of JueFX, an autonomous driving solutions provider.
5/12/20223 min read