Li Auto CEO Li Xiang: Reasons for Delaying Launch Sentry Mode
On April 23rd, Li Xiang, CEO of Li Auto stated in a post that the release of Sentry mode was delayed for several months due to compatibility issues with the car model.
4/24/20232 min read
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Shanghai-Based Car Rental Firm eHi Eyes Hong Kong Listing as Industry Gives Nod to Domestic Car Rental Market
In response to rumors that it would seek an IPO in Hong Kong, employees from Chinese car rental firm eHi said on Wednesday, "there is indeed a plan to go to Hong Kong for IPO, but the specific time has not yet been set."
8/4/20213 min read
Waterdrop CFO Confident in the Growth Potential of Tech Based Insurance Industry
Chinese online insurance company Waterdrop Inc. delivered its financial report for the first quarter of 2021, marking its first earnings release as a public company.
6/22/20217 min read
Luckin Coffee's Q3 Revenue Rises to $364.7 Million, Net Loss Decreases by 98.6% Year-on-Year
Luckin Coffee released its unaudited financial report for the third quarter of 2021 on Thursday. The data showed that its total net revenue in the third quarter was 2.35 billion yuan ($364.7 million).
12/10/20212 min read
Ep 83 - TBC x Acquired Final
Topics and trends covered: How Rui and Ying stay on top of trends in China tech remotely from the USThe rise of “tech company like” CPG and other consumer b...
7/13/202167 min read
OnePlus Nord CE 3 Lite 5G Smartphone to Support 67W Fast Charging with a 5000mAh Battery
Chinese smartphone brand OnePlus announced that it will launch the OnePlus Nord CE 3 Lite 5G model on April 4.
3/29/20232 min read
Virtual Entertainment Platform Burning Galaxy Obtains $10 Million in A-Round Financing
Burning Galaxy, a virtual interactive entertainment platform, recently announced its completion of an A round of financing worth $10 million, led exclusively by Matrix Partners.
1/24/20222 min read
TCL to Spend Over 20 Billion Yuan on Semiconductor Development, Will Carry Out R&D with Other Tech Giants Including Meituan and Baidu
On Thursday, Chinese electronics firm TCL indicated that over the next five years it will invest more than 20 billion yuan ($3.1 billion) in the fields of smart terminals, semiconductor display and materials, semiconductor photovoltaics.
9/10/20212 min read
Chinese AI Firm DeepBlue Accelerates Layout in Autonomous Driving and Automaking
The competitive field of autonomous driving constantly attracts companies in various industries to transform. DeepBlue Technology, a Shanghai-based AI company, has promoted its industrial chain layout in the autonomous driving and new energy vehicle sectors.
12/2/20223 min read
Yu'EBao Reserves Reach 1.43T Yuan, Near ‘Big Four’ Banks
Yu'EBao was holding nearly 1.43 trillion yuan at the end of June 2017, up nearly 80 percent from the 0.8 trillion yuan it held at the end of 2016, according to ...
Li Auto's First Price Reduction, Minimum Discount of $2,100
In August, several car companies have started a new round of price reductions through limited-time discounts and other methods. Even Li Auto, which previously claimed to not consider price reductions, couldn't hold out any longer.
8/21/20234 min read
Chinese Vlogger Li Ziqi to Return, Cooperation with Partner Firm to Continue
After 531 days of not uploading any new videos, Li Ziqi, a prominent Chinese vlogger, will return to broadcasting in the near future and will continue to cooperate with her multi-channel network (MCN) partner company in the future.
12/28/20223 min read