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Shanghai-based video platform Bilibili's livestreaming business unit is planning internal layoffs, with a list of employees to cut having been preliminarily drawn up.
Aikenong, the first Chinese smart planting decision services provider, announced on Thursday that it has raised over 100 million yuan ($14.9 million) in Series A and Series A+ financing.
This recent drop in the stock price might be attributable to the situation of Soho China and the couple Pan Shiyi and Zhang Xin, the controllers of the company.
Historic heatwaves have swept across central China this summer, raising the stakes in a bid by authorities to transform the domestic automotive sector.
On Aug. 25, UBS boosted the rating of NIO from "sell" to "neutral" and bumped its price target from $1.00 to $16.30.
The leading two companies in the domestic food delivery industry – Meituan and Ele.me – are now promoting "group buying food" services, while keeping a low profile.
From train tickets and concert shows, to medical appointments, swindlers can be found in many places in China. While some residents benefit from their services by being able to secure some of the services they need, albeit, at a higher price.
Chinese gamers have historically been staunch PC buffs, but it was rather a Hobson’s choice. From 2000 to 2015 buying an Xbox or a PlayStation was not an easy feat for local youths, since most consoles were simply banned from official sale.
On May 4th, according to a report released by Patent Result, Chinese companies have submitted more patent applications related to electric vehicle charging and battery swapping compared to competitors from any other country.
Wei Dong, Vice President and Chief Safety Operation Officer of Baidu's Intelligent Driving Business Group, said in a recent speech that in the era of autonomous driving, the death rate in traffic accidents will be reduced by 90%.
Vision Deal HK Acquisition Corp, a special purpose acquisition company (SPAC), has received approval following a listing hearing a few days ago. Citigroup and Haitong International Capital are serving as co-sponsors.
KE Holdings Inc., better known by its housing transactions platform Beike Zhaofang, sold $2.12 billion worth of shares on Thursday in a US IPO.