Tesla Gigafactory Shanghai Officially Produces the 1 Millionth Model Y
On July 13th, it was reported that several automotive bloggers recently announced that the Tesla Gigafactory Shanghai has produced its one millionth Model Y.
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The Sandbox Partners With Gravity to Bring Ragnarok Into Metaverse
The Sandbox announced a new partnership on July 27 with global gaming company Gravity, aimed at bringing Ragnarok, a massively multiplayer online role-playing game created by Gravity, into the metaverse.
7/28/20222 min read
Bilibili Influencer Interviews Apple CEO, Revealing Which iPhone Features Were Inspired by Chinese Users and More
An interview of Apple CEO Tim Cook by a 22-year-old Bilibili content creator went viral in China.
Tencent Cloud Releases Low-cost Digital Human Production Platform
Tencent Cloud publicly announced its digital human production platform on April 25th. The platform boasts several features, including small training samples, high production efficiency, and automated production.
4/27/20232 min read
NIO Acquires Insurance Brokerage Firm to Enhance Services
Chinese electric vehicle maker NIO, which set up a subsidiary insurance brokerage firm at the beginning of this year, has recently acquired another insurance company that was established eight years ago.
12/20/20223 min read
Alibaba CEO Zhang Yong Decentralizes Power Within Firm
People familiar with the matter have indicated that Zhang Yong, CEO of Alibaba Group, is delegating power to the heads of various business departments of the company.
11/29/20212 min read
Li Auto Responds to Li ONE Vehicle Fire: Suspected Iron Shard Punctured High Pressure Fuel Pipe
A burning Li ONE vehicle was discovered at around 4 p.m. on Aug. 6 on the Sihui and Lianzhou expressways in Zhaoqing City, Guangdong Province.
Miniso Acquires 29.4% Shares of Yonghui Superstores
Ole stated that this transaction is beneficial to the company's long-term development and the realization of strategic goals.
XPeng Motors Takes Stake in Zvision Technologies
Beijing Zvision Technologies made registration of change with the country’s Industrial and Commercial Administration on January 25, adding Guangzhou XPeng Motors Investment Consulting Partnership (Limited Partnership).
1/25/20222 min read
Alibaba Increased its Holdings in Cainiao Network
Alibaba group announced today that in order to further promote the new retail strategy, it will increase holdings of Cainiao Network. Apart from tens of billion...
Meituan To Implement Guidance on Safeguarding the Rights of Food Deliverymen
On Monday night, in response to the guidance of the regulatory authorities on safeguarding the rights of food deliverymen in the afternoon, Chinese food delivery giant Meituan said that it had launched several rounds of research and would implement the guidance.
7/26/20212 min read
China Post and Pinduoduo Form Strategic Collaboration
Chinese e-commerce player Pinduoduo has formed a strategic cooperation with state-owned China Post Group Co., Ltd.
9/24/20204 min read