Chinese Super League 2019 Weekly: Guangzhou Evergrande Pull Ahead, Elkeson to Play for China?
Chinese Super League 2019 Weekly: Matchweek 22.
8/12/20197 min read
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Home Appliance Enterprise Midea Commences Layoffs in Non-Core Business
A rumor appeared recently that Midea Group, a home appliance enterprise, had begun mass internal layoffs. On May 19, Midea responded that this year, the company has decided to shrink its non-core business and suspend its non-operating investment.
Battery Giant CATL's Q3 Profit Increases by 188.42% YoY
Chinese battery giant CATL disclosed its third-quarter financial report on October 21, showing its revenue reaching 97.4 billion yuan ($13.4 million) in the third quarter and 210.34 billion yuan ($29 million) in the first three quarters.
Meituan Takeout on Chinese New Year’s Eve: Popular Dinners Cost over $315
During the Spring Festival, Meituan Takeout maintained normal operations and allowed customers to make reservations for Chinese New Year’s Eve dinner. Data rele...
AI Startup West Lake Xinchen Searches for CEO to Build Chinese Version of OpenAI
Danny Lan, founder of West Lake Xinchen, an AI service enterprise in China, denied rumors that the company was considering acquisition by Wang Huiwen, one of the first entrepreneurs to aim at creating the Chinese version of OpenAI.
Xiaomi Ranks 4th in BrandZ Top 50 Global Brands, OPPO Follows in 6th Place
On May 10, Kantar and Google released their 2021 BrandZ™ Top 50 Global Brands in China report. Xiaomi was ranked No. 4, along with Alibaba, ByteDance, and Huawei in the top four on the list. Another smartphone-maker, OPPO, was ranked 6th and was selected as the Outstanding Globalizing Chinese Global Brand Builder.
5/11/20212 min read
Tencent to Shut Down E-Commerce Platform "Xiao'e Pinpin"
One of Tencent's key e-commerce businesses, "Xiao'e Pinpin," will be shut down soon, while its employees will be transferred to other departments.
2/22/20223 min read
Kaixin Auto Secures $700M Intended Investments for Pending Acquisition of New Energy Vehicle Manufacturer
On August 4, Kaixin Auto announced that it had obtained targeted investment intentions totaling $700 million from several investment institutions.
8/4/20222 min read
Online Collaboration Tool Developer Fabrie Secures New Financing
Fabrie, an online design collaboration tool developer for the global design market, recently announced the completion of a Pre-A round of financing.
3/24/20222 min read
China NFT Weekly: Last Newsletter of 2021
This week: Chinese stock photo provider Visual China Group launches NFT platform, Xinhua News Agency issues NFTs on Tencent's Enterprise blockchain, Gucci announces collaboration with Chinese IP Marsper, and more.
Hozon Auto Releases New Car Equipped With Qihoo 360 Security Technology
On November 3, Hozon Auto, which operates a car brand called NETA Auto, held a press conference promoting its new model, the NETA V Pro.
11/4/20213 min read
The Next ASUS Zenfone Might Have a Notch-Less Screen With Dual Sliders
ASUS might join the circle with its upcoming ASUS Zenfone according to leaked photos on Twitter.
4/8/20192 min read