NIO ET7 Sets Sail for Europe
On August 22, Chinese new energy vehicle company NIO announced that its ET7 – the brand's first smart electric flagship sedan – has set sail from a local port bound for Europe.
8/22/20222 min read
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Rape Allegation Involving JD.com Founder Richard Liu Ends With Settlement
A rape allegation involving Richard Liu, founder of Chinese e-commerce giant JD.com, has finally come to an end. The lawyers of both sides issued a joint statement showing that they had reached a settlement.
10/2/20223 min read
China VC Weekly: Fintech and Robots
In last week’s VC news, Fintech pros from Airwallex completed a $200 million Series E round at a $4 billion valuation, Autonomous driving startup DeepRoute.ai raised roughly $300 million in Series B round, and more.
9/22/20217 min read
With WeWork's Purchase of NakedHub, Who Will Dominate the Co-working Industry in China?
At 9:30 a.m. on April 12th, Chinese co-working space startup Naked Hub held an internal management meeting to announce that it would sell the company to the U.S...
Oppo Unveils Next-Generation Under-Screen Camera Technology
Oppo announced the latest iteration of its under-screen camera technology on Wednesday, delivering both high display image and camera quality “without compromising the integrity of the screen.”
8/4/20213 min read
BYD Raises Prices of Some Models
Shenzhen-based automaker BYD issued a statement on Tuesday, adjusting the official guide price of its Dynasty and Ocean series models by a range of 3,000 yuan to 6,000 yuan ($472-$943).
3/16/20222 min read
Avatr Technology Finishes Inaugural Round of Financing
The first round of financing for Avatr Technology has been completed, as the firm's registered capital has increased from 288 million yuan ($45.2 million) to 1.172 billion yuan.
3/29/20222 min read
Douyin Launches Upgraded Version of "Mengzhi Plan" to Create High-Quality Popular Science Content for Youth
On January 1, 2022, the upgraded version of Douyin's "Mengzhi Plan," which aims to support educational content creators for youth, was officially launched.
Zhang Weili Defends UFC Championship Title Despite Turbulent Preparation
After finishing a tough battle against Polish mixed martial artist Joanna Jedrzejczyk, Zhang Weili was able to defend her UFC 115-pound championship title.
3/9/20204 min read
Responses from Intel, Tesla, Navinfo and Zeekr Regarding National Security Concerns
In addition to Intel and Tesla, autonomous driving companies in China, including Navinfo and Zeekr, have publicly denied any involvement in the illegal mapping incident.
NIO Invests in Argentinian Lithium Mining to Secure Supply
Australian mining firm Greenwing Resources announced on September 26 that it has reached a strategic financing agreement with electric vehicle firm NIO to accelerate exploration of a lithium salt lake project in Argentina.
9/27/20224 min read
What Baidu Should Learn From Its Mistakes
A tech company, with such massive influence and technological capabilities, should bear in mind its social responsibilities.