GAC Group Leads the Investment, Didi Autonomous Driving Completes Round C Financing
Recently, Didi Autonomous Driving completed a C-round financing of $298 million, led by GAC Group with participation from Didi.
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Douyin Cooperates With Three Delivery Platforms for Group Purchase Distribution
On December 5, a coalition of delivery platforms including Dada, SF Express' intra-city delivery unit and FlashEx announced that they had reached cooperation with ByteDance's Douyin to provide intra-city distribution solutions for food and beverage enterprises.
12/6/20222 min read
OnePlus Announces Midrange Nord, Starting at 24,999 Rupees
OnePlus announced its new midrange smartphone Nord, which means “North” in several European languages, with an AR event on Tuesday.
7/22/20202 min read
Yunnan Baiyao Group Cooperates With Huawei for AI Drug Development
Yunnan Baiyao Group, a Chinese medicine developer and manufacturer, announced on July 25 its signing of the "Comprehensive Cooperation Agreement on Artificial Intelligence Drug R&D," alongside Shenzhen-based tech giant Huawei.
7/25/20222 min read
"TikTok Refugees" Flooded into Chinese social media app Xiaohongshu
According to some U.S. TikTok users, they've heard that Rednote is akin to TikTok, so they're joining the platform to voice their discontent with the U.S. government, which has cited national security concerns to block TikTok.
1/15/20253 min read
Recent Images of Mars Taken by China's Tianwen-1 Unveiled
The official media outlet of the China Lunar Exploration Project announced on Wednesday that the Tianwen-1 Mars mission orbiter had worked normally for 706 days.
6/29/20223 min read
Huawei Initiates 6G Research in Canada
On August 13, Huawei confirmed that it has started research on 6G networks in Ottawa, Canada, according to Canadian media outlet The Logic.
8/15/20192 min read
Chinese Former eBay Subsidiary EachNet.com Announces Closure
Chinese e-commerce firm EachNet.com, which was once owned by eBay, has recently announced that it will cease website operations at 24:00 on August 12, due to the adjustment of its operation strategy.
Alibaba, Tencent and Other Chinese Giants Wound Up in Indonesia
Southeast Asia, as a rapidly developing emerging region, has always been a popular destination for Chinese enterprises to begin their global ambitions. In this region, Indonesia has the largest land area, economic scale and population, so it is often one of the focal points of expanding enterprises.
11/29/20224 min read
News of Bitcoin ban leads to underselling and bargain-hunting
After the Initial Coin Offering (ICO) was banned, Bitcoin receives another blow. On the evening of September 8th, news came that the supervisory authority decid...
Charles Zhengyao Lu Remains Luckin Coffee’s Chairman
Luckin Coffee Inc. said Thursday that its co-founder Charles Zhengyao Lu will remain chairman, after the board of directors failed to oust him.
Colored Contact Lenses Brand Moody Completes C Round of Financing of Over $156 Million
Weimu (Shanghai) Technology Co., Ltd., the parent company of moody, a colored contact lenses brand, has recently completed round C financing worth over 1 billion yuan ($156 million), led by KKR and 5Y Capital.
11/1/20212 min read