BYD Frigate 07 Debuts at Chengdu Motor Show
On August 26, BYD's new medium-sized SUV Frigate 07 debuted at the 2022 Chengdu Motor Show and opened for pre-sale.
8/26/20223 min read
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Tencent Punishes Multiple Executives for WeChat and QQ Malfunctions at the End of March
On March 29, Tencent's two social platforms - WeChat and QQ - experienced a crash. Although the issue was resolved later that day and WeChat had previously experienced minor faults before this incident occurred, Tencent still issued severe punishment for it.
Didi-Chuxing Rumored to Conduct Massive Layoffs of 25%
Following the layoff trends from the end of last year, insiders say that the ride-hailing giant Didi-Chuxing is considering massive layoffs in departments such as product technologies and ride-hailing. The layoff is expected to exceed 25 percent.
1/31/20192 min read
D2C Solutions Provider Fastlane Closes Nearly $10 Million in Series A Financing
Fastlane Technology, a global direct-to-consumer (D2C) solutions provider, announced its securing of Series A funding totaling nearly $10 million in investment capital led by Baidu Ventures and South-Korea based LB Investment.
11/26/20212 min read
BYD Starts Price Increases Ranging From $279 to $838
Following recent cuts made by Tesla to its electric vehicle prices in the Chinese market, BYD announced on November 23 that it will increase the prices of its Dynasty series, Ocean series and Denza vehicles, ranging from 2,000 yuan ($279) to 6,000 yuan ($838).
Baidu Launches AI Home Theater System and Xiaodu Smart Display 1S Assistant
On Feb. 28, Baidu launched two new AI-based IoT smart devices for the Chinese market– Xiaodu TV Mate and the Xiaodu Smart Display 1S.
OPPO Launches New Ad Campaign to Celebrate 5-Year Partnership with FC Barcelona
Chinese smartphone brand OPPO launched new ad campaigns to highlight its five-year partnership with FC Barcelona (Barҫa) as the team seeks to be the final 8 among all European elites.
8/5/20202 min read
China’s Bitcoin Miners Stumble amid Crypto Crackdown
From Inner Mongolia to Xinjiang and Yunnan, Chinese domestic Bitcoin miners have been expelled by ever tightening financial and environmental policies. Now that Sichuan is no more a haven, where to go?
7/2/20217 min read
Honor 20i Released With 32MP Selfie Camera Starting at $240
Honor had just released the Honor 20i, the newest and first member of its 20 series smartphone.
Mobile App Downloads Jump in China as Coronavirus Outbreak Keeps People Home
Data from app analytic platform App Annie revealed that the number of mobile app downloads has surged during the first two weeks of February in the Chinese mainland market
2/21/20202 min read
Megvii Driver Fails to Extort 3 Million Yuan from Firm's Chairman by Threatening to Sell Sensitive Recordings
Hu Zijian, a former driver for Megvii Technology, threatened to sell recordings with sensitive information about the company to competitors in February, demanding $465,224 from Yin Qi, chairman of the company's board of directors.
10/8/20212 min read
Sports Tech Firm Keep Applies for Hong Kong IPO
Sports technology company Keep submitted its application on February 25 for a public listing in Hong Kong, with Goldman Sachs and CICC serving as co-sponsors.