Danke Apartment CEO Receives Consumption Restriction from Regulators Amid Company Bankruptcy Crisis
Rental platform Danke Apartment’s CEO Jing Gao received a high consumption restriction from the People’s Court of Minhang District on Dec. 8.
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58.com Acquires Uxin’s B2B Automotive Sales Platform
58.com, China's largest online classifieds marketplace, completed the acquisition of Uxin's B2B used-car platform for a total transaction value of $105 million.
Six Chinese Battery Firms in Top Ten Installed Capacity H1 Rankings
South Korean firm SNE Research released its global rankings on August 2 of power battery companies by installed capacity during the first half of 2022, showing CATL, LG Energy Solution and BYD in the top three spots.
8/3/20222 min read
Autonomous Driving Startup TuSimple Agrees to U.S. Regulations
Autonomous driving startup TuSimple has reached an agreement with U.S. authorities to resolve security concerns around its self-driving truck operations and the company’s ties with China.
2/25/20222 min read
ByteDance's AI Assistant Doubao Introduces Image Recognition Feature
ByteDance's AI assistant Doubao has now launched image recognition feature, which can identify the content of uploaded images.
12/4/20242 min read
The Formula E — Race of the Electric Giants
It was hard not to be piqued by the presence on an NIO car on the track, the only Chinese representative at the Formula E
4/20/20196 min read
Inflatable COVID-19 Testing Labs Put into Use in Guangzhou Following Surge in New Cases
To increase Guangzhou's capacity to administer nucleic acid tests, which are used to screen those suspected of being infected with COVID-19, four groups of inflatable COVID-19 testing labs are being put into use in the vast metropolis in the Chinese province of Guangdong.
6/3/20213 min read
OPPO Disbands ZEKU Team, May Give up Self-developed Chips
On May 12th, OPPO announced that in the face of global economic uncertainty and an uncertain mobile phone market, after careful consideration, the company has decided to terminate its ZEKU business.
5/12/20231 min read
Avengers: Endgame — What Do the Heroes Do After They Retire?
All the legends will retire one day. In the 14,000,605 of different ending scenarios, only one leads to hope and light, and that one is the living reality.
New Oriental Education’s Live-Streaming Platform Introduces Two Major Logistics Partners
Oriental Selection, a live-streaming e-commerce platform owned by New Oriental Education, announced on August 31 that it had reached a close partnership with SF Express and JD Logistics, two logistics platforms in China.
8/31/20222 min read
China Held 57% Share of Global New Energy Car Market in First Four Months of 2022
Cui Dongshu, Secretary General of the China Passenger Car Association, issued a post on Saturday claiming that in 2022, the country's new energy passenger cars accounted for 57% of the global market, due mainly to strong domestic demand.
Feng Yufei, Vice President of Vivo and Head of Vivo's Sub-brand iQOO, Leaves Company
Feng Yufei, Vice President of Vivo and Head of Vivo's sub-brand iQOO, has left the company. Feng's next move is unknown.
12/14/20212 min read