Xiaomi Files Patent for Foldable Phone
Recently, Chinese smartphone giant Xiaomi filed a patent in the database of the European Union Intellectual Property Office (EUIPO).
8/13/20192 min read
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Chinese Social Media Platform Weibo Faces Large-Scale Layoffs
Recently, employees of Chinese Twitter-like social media platform Weibo said on a domestic job information sharing platform that their company is laying off a significant number of employees and is even asking some to leave voluntarily.
2/21/20222 min read
JD.com to Subscribe to GOME’s $100 Million Convertible Bond
E-commerce platforms like JD.com made strategic moves to react to the gloom in the retail consumption market brought by the COVID-19 pandemic.
5/29/20202 min read
SPAC TechStar Acquisition Corporation Files for Hong Kong Listing
TechStar Acquisition Corporation, a special purpose acquisition company (SPAC) initiated by CNCB Capital, Zero2IPO Group, Zero2IPO Capital, and three individuals, submitted a listing application to the main board of the HKEx on June 24.
6/28/20222 min read
Future Volkswagen-Huawei Autonomous Driving Join Venture May Be Led by Su Jing
The cooperation between the two companies would likely involve a joint venture, funded and controlled by Volkswagen while Huawei provides technology and becomes a tier-one supplier of Volkswagen.
2/22/20223 min read
Honor Launches the Last Flagship of 2018 - Honor V20
Neither the gamer nor the Instagrammer will be disappointed with the last Chinese flagship of the year. The new Honor V20 released on Dec. 26 sports the powerful Kirin 980 chipset, plenty of RAM for a smooth gaming experience, and triple rear cameras for taking ultra-clear photos.
12/26/20183 min read
Fruit Merging Game Goes Viral on WeChat, Taking up Screening Time
Fruit-themed WeChat game Merging Watermelon went viral over the weekend and is still trending on microblogging platform Weibo.
1/28/20213 min read
Didi's Car-Sharing Arm Reportedly Goes Bankrupt
On the evening of July 25, a screenshot related to Didi's ongoing bankruptcy audit was leaked by an accounting firm employee. On Chinese social media platform Weibo, a user suspected of being a Didi employee confirmed that the firm's car-sharing business is going into liquidation.
7/26/20223 min read
“I Think I Am Doing the Right Thing, but I Meet with Such Stiff Resistance”: The Team behind China’s Anti-Overwork Campaign
The viral project that amassed more than 10 million views in less than a week has been reduced to a flameout amid a mixture of anti-overwork sentiment and digital censorship in Chinese society.
BYD-owned Denza Names First High-end MPV D9
On Friday, Denza, a high-end automobile brand owned by BYD, announced the name of its first high-end MPV - D9.
4/22/20222 min read
CATL: New Skateboard Chassis Products Will Be Mass-Produced This Year
CATL's first skateboard chassis product based on lithium iron phosphate batteries is expected to start mass production in the second half of this year.
China's Leading FMCG B2B Platform Alibaba LST Is Making Business Adjustments
Alibaba LST is not shutting down or merging with 1688. It is currently making business adjustments based on market demand, aiming to better serve its users.