Alibaba Buys 8 Percent Stake in Popular Chinese Video Platform Bilibili
As if making a marriage announcement on Feb. 14, Alibaba Group announced that it will be deepening its cooperation with the popular Chinese video platform Bilibili.
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Changan Auto's Deep Blue Brand Unveils First Model
Changan Automobile on Monday officially unveiled the first model of its new energy vehicle brand Deep Blue, dubbed the "SL03." The new car is scheduled to be launched at the end of June.
5/31/20222 min read
Tencent Debuts Nintendo Switch in China
On December 10, Chinese technology and gaming giant Tencent introduced the Nintendo Switch portable console in China.
Geely's Pickup Truck Brand RADAR to Release First Model on July 12
Geely's newly established pickup truck brand RADAR announced that it will hold a launch event on the evening of July 12 to release its first model.
7/7/20222 min read
Producer of The Wandering Earth Plans to Build A Chinese Sci-Fi Movie Theme Park
China Film Co., Ltd., the producer of "The Wandering Earth" film series, announced on May 8th that it is constructing a Chinese science fiction movie theme park. The park will offer rich fantasy, adventure, and interactive experiences to visitors.
Bitcoin Mining in China on Pace to Surpass Total Carbon Emissions of Some Mid-Sized Countries by 2024
Carbon emissions resulting from China’s domestic Bitcoin mining operations may reach 130.5 million metric tons by 2024, surpassing the total of countries including the Czech Republic and Qatar, according to a study released on Tuesday.
Beijing Winter Olympics Raise Number of Events to 109, Reaching Historical High
The number of gold medals in 2022 Beijing Winter Olympics has now been raised to 109, marking the highest number of gold medals in the history of Winter Olympics.
1/25/20193 min read
NIO Connects High-Speed Battery-Swap Network between Chengdu-Chongqing
On Wednesday, electric vehicle maker NIO started up its battery-swap station in Longxihe Service Area, a signal that NIO has now begun its battery-swap network along the highways between Chengdu and Chongqing.
3/30/20222 min read
Tesla Says Its In-Vehicle Cameras Aren’t Activated in China
Tesla told Chinese consumers that cameras installed in its cars aren’t activated outside of North America, in response to privacy concerns about sensitive data being collected by in-cabin cameras and shared with the US automaker.
Meituan Invests in Galaxy Bot Company
Recently, Galaxy Bot underwent a business change, with the addition of Meituan's subsidiary companies as shareholders.
AION Suspends Cooperation with Huawei on Development of Intelligent Car Project
On the evening of March 27, GAC announced that it would suspend deep cooperation with Huawei due to adjusting cooperative methods.
3/28/20233 min read
China VC Weekly: Social Networking for the Elderly, Unmanned Retail Services and More
As China emerges from the weeklong Lunar New Year break, local VC institutions have announced several prominent new deals.