Apple to Close All Stores Outside China Until End of March
Apple CEO Tim Cook said his company would temporarily close all retail stores outside Greater China until March 27.
3/16/20202 min read
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The Tesla China Team Is Developing A Low-Priced 'Model Y' to Cope with Price Competition
In response to the price war in China, the Tesla China team is leading the development of a low-priced 'Model Y'.
The Brand Power of Chinese Brands is Growing Overseas—Huawei Tops the List
Research from brand equity experts BrandZ—by WPP and Kantar—reveals the “Brand Power” of leading Chinese brands is up 15 percent year-on-year, compared with 5 percent growth last year.
Xiaomi Rolls Out Mi 11, Packing Premium Screen and Snapdragon 888
Xiaomi has finally unveiled the Xiaomi Mi 11, its much anticipated latest flagship, on Monday evening Beijing time.
China VC Weekly: Airwallex Scores Big Despite COVID-19
Global financial markets are struggling, having been crippled by the COVID-19 epidemic and the amount of VC deals has noticeably decreased.
4/19/20203 min read
Didi's "Honghu" Project Revealed, Attracts 90 Online Ride-Hailing Firms
Chinese ride-hailing platform Didi's internal project "Honghu" has now developed at least 50 driver-side apps and has connected to nearly 90 online ride-hailing companies.
6/2/20222 min read
Bilibili Obtains Payment License and Acquires Original Comic Platform Youyaoqi
Bilibili acquired 65.5% equity of Zhejiang Yongyi Electronic Payment Co., Ltd., a licensed payment institution, for about 118 million yuan ($18.5 million).
11/22/20213 min read
EV Maker WM Motor to Raise $300 Million in D1 Financing
WM Motor, an EV firm in China's mainstream market, on October 5 announced that it expects to amass over $300 million in a Series D1 round of financing, led by PCCW Limited and Shun Tak Holdings Limited.
10/8/20212 min read
Alibaba Cloud Open Sources Tongyi Qianwen with 7 Billion Parameter Model
August 3rd news, today Alibaba Cloud open-sourced the Qwen-7B and Qwen-7B-Chat models with a total of 7 billion parameters. Both models are general-purpose and conversational models, and they are open-source, free, and available for commercial use.
Ep. 68: Entertainment livestreaming outside of China with Shang Koo of M17.asia
Episode 68 of Tech Buzz China features our co-host Rui Ma in dialogue with Shang Koo, the CFO of M17 Entertainment, or M17.asia, which is a livestreaming company popular in Taiwan and Japan.
6/9/202023 min read
Starbucks Partners With Meituan to Expand Delivery Services
Starbucks China on Tuesday announced a new cooperation agreement with Meituan, a domestic food delivery platform giant.
1/18/20223 min read
Weibo-owner Sina Gets $41 per Share Bid from CEO-controlled company New Wave
Sina Corp. said on Monday it had received a preliminary non-binding go-private offer of $41 per share in cash from New Wave MMXV Limited.
7/7/20201 min read