iPhone 14 Sales in China Lag as Apple's Local Ties Transform
The rollout of Apple's latest smartphone series offers a glimpse into the iPhone's evolving relationship with Chinese tech and consumers.
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Industrial Mobile Robot Firm Youibot Robotics Wins Financing of Over $47 Million
Youibot Robotics, a Chinese industrial mobile robot company, announced on Tuesday that it has recently completed Series B financing, with a total amount exceeding 300 million yuan ($47 million).
12/28/20212 min read
Chinese Regulators Summon Ride-hailing Platforms Didi and T3 Travel
On Tuesday, the Jiangsu Traffic Port Prevention and Control Team and other departments summoned six online car-hailing platforms, including Didi and T3 Travel.
3/16/20222 min read
XPeng's Guangzhou Factory Obtains Production Qualification to Produce G9
Chinese electric vehicle maker XPeng's Guangzhou factory obtained a production qualification in January, and is expected to be open to users and partners in early March. Currently, only the G9 is produced there.
2/13/20233 min read
ByteDance's Douyin Denies Rumors of Acquiring Missfresh
On August 4, the stock price of Nasdaq-listed retailer Missfresh rose rapidly before the close of trading, posting an increase of more than 160%, amid market rumors that ByteDance's Douyin is considering an acquisition.
8/5/20222 min read
China Faces Lack of Antigen Test Kits and COVID Medicine After Lifting Restrictions
With the recent relaxation of the Chinese government's zero COVID policy, drugs for flu symptoms and fever such as Ibuprofen and Lianhua Qingwen, antigen test kits and vitamin C tablets are out of stock in pharmacies and e-commerce platforms.
12/9/20224 min read
Alibaba Kicks Off One-Month Netpreneur Training Program for Africa
Alibaba Global Initiatives, a professional training arm under Alibaba, has enrolled a second class of more than 360 African entrepreneurs for its Alibaba Netpreneur Training program, a philanthropic initiative that aims to support the next generation of business leaders in Africa.
10/18/20223 min read
China Needs to Accelerate Developing General Cognitive Models
ChatGPT has garnered widespread attention around the world, and the "large model" concept that underpins it has generated significant interest.
Sino-British Tech Relationship Faces Revamp With New UK Digital Strategy
Following Boris Johnson's resignation and an updated national digital strategy, the UK's tech relationship with China is entering a new phase.
Baidu Reports Total Revenues of Over $4B in Q1
Beijing-based internet and technology giant Baidu announced on Thursday its unaudited financial results for the first quarter ended March 31, 2022.
5/26/20222 min read
Short-Selling Agency Releases 28-Page Report Questioning FF's Carmaking
J Capital Research Limited, an American short-selling agency, on October 7 released a report on new energy vehicle company Faraday Future (FF).
10/8/20213 min read
Douban Sues Weibo for Unfair Competition
On Wednesday, Chinese social media platform Douban posted pictures on popular microblogging site Sina Weibo, saying it had sued the operator of Weibo for unfair competition.