BYD Releases Sustainable Brand Proposition
Shenzhen-based automaker BYD unveiled a new brand proposition on Monday dubbed "Technology, Green and Future," in a bid to upgrade its image among consumers.
2/8/20222 min read
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CATL and Huawei to Jointly Build High-End EV Brand for Global Market
China's leading battery firm CATL and Shenzhen-based tech giant Huawei signed a new memorandum of cooperation in Ningde, Fujian Province on December 14.
12/15/20223 min read
Tesla's Shanghai Gigafactory Is Operating at Full Capacity, Producing One Model Y Every 30 Seconds
Tesla's Gigafactory Shanghai is running at full capacity. A new Model Y car rolls off the line approximately every 30 seconds.
Geely Chairman's Venture to Launch World's First Consumer Smartphone Connected to LEO Satellite
Hubei Xingji Technology Co., Ltd., a venture founded by automaker Geely's Chairman Eric Li, announced that it would promote low-earth-orbit satellite (LEO satellite) communication technology, launching the world's first consumer-grade smartphone directly connected to LEO satellites in the future.
9/6/20223 min read
Life-sharing Platform Xiaohongshu to Launch Group-buying Feature
Xiaohongshu, a Chinese lifestyle-sharing platform, has begun recruiting restaurant and service providers for internal testing. The platform will soon introduce group-buying functions.
4/28/20232 min read
Ant Financial Stars at Alibaba Investor Day 2019
At Alibaba’s 2019 Investor Day held on September 24, Eric Jing, Ant Financial’s Chairman and CEO, delivered a speech highlighting the company’s recent progress.
NIO's Sub-Brand Alps Gears Up for Trial Production of its First Model, "DOM"
According to multiple insiders cited by Chinese media outlet 36Kr, NIO's sub-brand, Alps, plans to start trial production of its first model, "DOM" (internal c...
Cumulative Installations of Huawei's OpenEuler Platform Exceed 1.3M
The openEuler community has cooperated with 330 partners and 8,403 developers. At present, cumulative installations of openEuler total over 1.3 million, and the figure is expected to exceed 2 million later this year.
4/15/20222 min read
Airbnb China President of Four Months Resigns
Ge Hong, Airbnb's global vice president and China president, has resigned. The company said Xiao Jinhong will take the role until a suitable replacement can be ...
10/26/20173 min read
Luxury Brands Become Synonymous with Sneakers in China
Four out of the top five most-mentioned brands associated with the “sneaker” hashtag on social shopping app RED during the study period were luxury brand names, the report finds.
9/21/20194 min read
Luckin Coffee’s Revenue Increases Fivefold YoY in Q3, Beats Expert Estimates
Luckin Coffee released their third quarter 2019 earnings report indicating a 540.2% year-on-year revenue growth with 1.5 billion yuan.
11/15/20192 min read
U.S. Software Firm Figma Cuts Ties With DJI in Response to Sanctions
U.S. Software firm Figma reportedly started to cut ties with Chinese drone unicorn startup DJI on Saturday, in order to ensure compliance with domestic sanctions. Figma's Chinese competitors confirmed the report.
3/14/20222 min read