The Meaning of Idols
2018 might not be the best year for a lot of things, but so far, it has been a blessing for one industry in China: Idol-making. It all started with two shows....
7/21/201813 min read
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Lithium Batteries Rise 5-15%, Price Hikes May Continue Until 2023
Battery module factories have been notified that the prices of cylindrical lithium battery cells will rise again by 5%-15% early next year due to the rising downstream demand for electric vehicles and energy storage.
12/6/20213 min read
Dingdong Maicai Slashes IPO by 70% While MissFresh Stocks Plummets on Nasdaq Debut
According to JIEMIAN.COM, Dingdong Maicai, a Chinese fresh grocery app, downsized its initial public offering (IPO) in the US to a quarter of its planned target on Monday.
6/29/20212 min read
Google’s Play Store Removes TikTok Rival Kuaishou’s Zynn Following Reports of Plagiarism
Chinese TikTok-style video app Zynn has been removed from Google’s Play Store Tuesday amid accusations it has been stealing content from TikTok.
6/11/20202 min read
Chinese Energy Storage System Integrator, JD Energy, Completes Series A Funding Led by IDG Capital
Recently, JD Energy, an energy storage system integrator based in China, announced the completion of an A round of financing, led by IDG Capital and followed by Source Code Capital.
12/17/20212 min read
Huawei M9 EV Officially Launched
Today, Huawei unveiled the highly anticipated M9 electric vehicle (EV) at a launch event held in Shenzhen.
PICO Stops Burning Money for Expansion, Team Size Significantly Shrinks
ByteDance's VR business PICO is gradually shrinking its front line this year.
Huawei Granted 90-day License Extension by US Department of Commerce
US Commerce Secretary Wilbur Ross confirmed in a recent interview that Huawei’s “temporary general license” which was due to expire on Monday August 19, will be extended for another 90 days.
Intel to Cooperate with NIO ES8 to Test Driverless Taxis Next Year
Mobileye, a self-driving car chip company owned by Intel, will cooperate with Germany car rental firm Sixt and technology firm Moovit to launch a self-driving taxi service test in Munich, Germany in 2022.
Autonomous Driving System Developer MAXIEYE Secures B Round of Financing Worth $47 Million
MAXIEYE, the autonomous driving technology and service provider, announced that the company had completed a B round of financing worth 300 million yuan ($47 million).
11/19/20212 min read
Hillhouse Capital Setting Up Secondary Fund Team
Investment institution Hillhouse Capital has reportedly been seeking buyers for some of its projects. The firm has responded to the news, claiming that "secondary fund is our new strategy."
6/10/20223 min read
A Look At Bubble Tea Brand MXBC As Its Theme Song Went Viral
A 4-bar theme song for bubble tea brand Mixue Bingcheng (also known as MXBC) has dominated Chinese video platforms over the past month. Pandaily went to one of...
7/2/20211 min read