Nayuki Releases Virtual Stock
Tea brand Nayuki launched its campaign to celebrate the first anniversary of its IPO by giving away virtual shares for every tea drink.
6/30/20222 min read
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Baidu to Launch XiRang MetaStack, Enabling Metaverse Construction in 40 Days
Ma Jie, the vice president of Baidu, said on January 4 that the tech giant is set to unveil a metaverse solution called XiRang MetaStack. The solution enables the creation of an independent metaverse in only 40 days, which would have otherwise taken from six months to a year to complete.
Cloud Native Basic Engine Provider Galaxy Future Scores Tens of Millions of Dollars in Financing
On Thursday, Galaxy Future, a cloud native basic engine provider established less than half a year ago, announced that it had completed an angel investment round worth tens of millions of dollars.
12/24/20213 min read
XPeng Finishes Restructuring and Fires Small Number of Employees
Internal adjustments to the organizational structure of Chinese electric vehicle maker XPeng are nearing an end, and some departments have implemented small-scale layoffs.
11/10/20223 min read
Agricultural Technology Booms Amid Covid-19 Outbreak
Stuart Oda, CEO of Alesca Life, said that agriculture and agricultural technology have come into sharp focus from the fallout of the COVID-19 outbreak.
9/4/202011 min read
China's Didi Chuxing Outlines New Three-year Strategy to Strengthen Safety Mechanisms and Expand Overseas Market
China’s ride hailing giant Didi Chuxing released its new three-year strategy on April 16, highlighting overseas expansion, delivery service and innovative development.
4/17/20202 min read
Why the Baidu App Changed Its Slogan
Baidu Inc. recently added a new feature displaying information flow to its mobile browser app and changed the app's slogan along the way. This is among the late...
China Top Five Buyers Expect to Increase Six Times More on Green Energy Consumption This Year
Chinese tech giants Alibaba is among the leading green energy buyers, ranking the second in the list for all Chinese companies, according to a ranking list of top buyers and sellers by research provider BloombergNEF last week.
9/20/20223 min read
Breaking: Simon Hu Steps Down as CEO of Ant Group
Ant Group CEO Simon (Xiaoming) Hu on Friday evening announced that he would be stepping down from his role at the firm, after an internal email was obtained by domestic media outlet 36Kr.
Li Guoqing Again Uses Force for Control Over Dangdang, Apprehended by Police
Li Guoqing, E-commerce platform Dangdang's deposed cofounder, forced his way into the company with 20 people to obtain some important files.
7/7/20203 min read
LinkDoc Seeks $200-300 Million Ahead of Hong Kong IPO
LinkDoc Technology Limited, a medical data platform company backed by Alibaba Group, plans to lead a $200 to $300 million financing round before its upcoming IPO in Hong Kong.
9/9/20212 min read
Huawei Sues Amazon for Patent Infringement, May Involve E-Ink Screen Products
Huawei released a new court notice on October 26 involving a dispute over the alleged infringement of invention patent rights. The defendants include Amazon and two of its subsidiaries.