Service Robot Maker Keenon Robotics Raises RMB 200M in B Round of Financing
Shanghai-based service robot manufacturer Keenon Robotics announced that it had completed its B round of financing at the end of 2019.
3/9/20202 min read
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Black Sesame Technologies Goes Public, Giving Birth to China's First 'Smart Car AI Chip' Stock
On August 8, Black Sesame Technologies, a Chinese AI chip firm, made its official debut on the Hong Kong Stock Exchange.
8/8/20243 min read
Alibaba's Cainiao to Build Air Cargo Hub in Shenzhen
On April 3, Cainiao, a Chinese logistics company launched by Alibaba, announced a cooperation agreement with Shenzhen Bao'an International Airport to jointly build the first national air cargo center for Cainiao international express and introduce more international air cargo routes.
Alibaba Revenues Soar 61% with Booming E-Commerce on Taobao
Alibaba Group, the Chinese multinational and multi-business conglomerate, announced on Thursday its Q2 earnings report of the quarter ending on June 30, 2018 wi...
8/24/20182 min read
China Successfully Launches Chang’e-5 Mission to Retrieve Lunar Samples
China has successfully launched the Chang’e-5 space mission to collect lunar samples, making it the third country in the world to make such an attempt.
11/24/20203 min read
Newborn Town Launches Video Social Networking NFTs
Newborn Town, a global social networking company headquartered in Beijing, recently launched the world's first video-based social networking digital collectibles – "YUMY QUEEN 2021 NFTs."
3/16/20222 min read
China Discovers its #MeToo Moment
#MeToo arrived in China on July 25 with an article titled “Zhang Wen, Please Stop What You Are Doing.” First published on WeChat and Weibo, it bluntly called ou...
7/29/20186 min read
HeyTea to Complete New Round of Funding for $9.27 Billion
According to PEDaily, several independent sources said that Chinese milk tea chain HeyTea is about to complete a new round of funding. At present, the amount of funding for this round has not been disclosed, though the company is currently valued at around $9.27 billion. HeyTea did not comment on the matter.
China's Smart Car Sector Now Ahead of Europe and US, Haomo Chairman Says
China's intelligent vehicle market is significantly ahead of Europe and the United States, said Zhang Kai, the chairman of Beijing-based autonomous driving company Haomo.AI Technology Co., Ltd., at the company's sixth AI Day event held on September 13.
9/15/20225 min read
Alibaba's Quantum Lab to Donate Equipment to Zhejiang University Amid Closure Rumors
On November 26th, Alibaba Group's DAMO Academy responded to recent rumors about the closure of its Quantum Laboratory, stating that the DAMO Academy will donate the quantum laboratory and transferable quantum experimental equipment to Zhejiang University.
11/27/20232 min read
TAL Education Group Names Peng Zhuangzhuang as New CFO
TAL Education Group announced on the night of September 24 that the company's board of directors has appointed Peng Zhuangzhuang as the new Chief Financial Officer, which will take effect from November 1, 2021.
9/26/20212 min read
Fire Breaks Out at CATL's Battery Factory
On the afternoon of September 29, a fire broke out at the Z base production workshop of CATL located in Jiaocheng District, Ningde City, Fujian Province.
9/30/20242 min read