Douyin Enhances Its Intelligent Search with the Testing of the 'AI Search' Feature
Douyin recently tested a new feature called 'AI Search' within its main app. This is an artificial intelligence-based search and question-answering service.
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Meituan-Dianping Reported a Widened Loss in Its First Post-IPO Earnings
On Nov. 22 Meituan-Dianping, China's on-demand service provider, released its first earnings report after raising $4.2 billion in an IPO in September. Its third...
Paypal Eyeing Chinese E-commerce Business, Strives for Payment License in China
PayPal has been negotiating incessantly with Chinese regulators for the past four years to obtain a payment license to enter the large market, as The Paper repo...
8/13/20182 min read
Xiaomi to Found Mi Apartment as Employee Dormitory for 700 Million Yuan
According to Tianyancha App, Mi Apartment (Beijing) Commercial Operation Management Co., Ltd. was established with a registered capital of 700 million yuan. The entity is wholly-owned by Xiaomi.
Geely Chairman Says Flying Cars to Launch in 2019
Li Shufu said Geely, Volvo and other car companies are jointly developing an open electric model under the code PMA. "We've learned from Google's Android, and P...
Alibaba Plans to Buy 10% Stake in Chinese Courier Yunda
Alibaba seeks to acquire shares from Yunda’s controlling shareholders, Nie Tengyun and Chen Liying, who own 52.19% of Yunda from their wholly-owned company.
BYD Qin Plus DM-i Champion Edition to Be Launched February 10
As a popular model in BYD's Dynasty series, the Qin Plus DM-i's Champion Edition will be launched on February 10. The new vehicle will be equipped with an 8.8-inch full LCD screen and feature a cruising range increasing from 1200km to 1310km.
Plus Delivers 100 Factory-Installed Autonomous Heavy Trucks
On August 16, a batch of J7 heavy-duty trucks built jointly by autonomous driving truck company Plus, Zhito Technology and Faw Jiefang Automotive Company was delivered to Rokin Logistics.
8/17/20222 min read
‘Arena of Valor’ Opens for Pre-Registration in North America
After nationwide success in China, Arena of Valor is battling its way into overseas markets. The game, which has 200 million Chinese players, is entering the No...
10/25/20172 min read
Foxconn Halts Shenzhen Operations Due to Pandemic Lockdown
Major Apple supplier and iPhone assembler Foxconn said on Monday it has suspended operations in the southern Chinese city of Shenzhen to comply with the local government's COVID-19 control policies.
Douyin Closes 160,000 Illegal Live-streaming Channels
Recently, ByteDance's short video app Douyin released a report on its recent measures to ensure the safety of the platform.
1/25/20222 min read
BYD's Seal Model to Utilize Innovative Cell-to-Body Technology
On Friday, Chinese automaker BYD unveiled its foremost technology called CTB (cell to body), which allows the battery to be integrated into the vehicle body itself. The first EV model to utilize the technology will be the Seal series of vehicles.
5/20/20223 min read