Zhipu AI Completes A New Round of Financing
Zhipu AI has completed a new round of financing at the beginning of this year, with over 2000 ecosystem partners and more than 1000 large-scale model applications.
3/16/20245 min read
All Posts
Showing 12 of 13237 posts
Didi-Chuxing and Xiaohongshu Ranked Among the Top 10 in the 2019 CNBC Disruptor 50 Companies
CNBC released their list of 2019 Disruptor 50 companies, containing the most influential and innovative companies in various industries, from biotech and machine learning to transportation, retail and agriculture. Two Chinese firms, the ride-hailing giant Didi-Chuxing and Xiaohongshu, ranked among the top ten.
5/16/20192 min read
ASUS Brings the ZenFone Max Pro Budget Phone to Taiwan
ASUS is going to launch its new smartphone, the ZenFone Max Pro (M1), on July 24 in Taiwan according to a Taiwanese media report. SEE ALSO: ASUS Zenfone 5z Rel...
Pinduoduo Posts Q3 Results, Signals Sustainable Growth as Spending Shifts from Marketing to R&D
Pinduoduo appears to be forging a path to sustainable growth after garnering more than 800 million customers in record time.
11/26/20212 min read
Chinese Genomics Researcher Yunlong Cao Named in Nature's 10 List
Nature, one of the world's top science journals, released its "Nature's 10" list of 2022 on December 14. Chinese genomics researcher Yunlong (Richard) Cao was named in the list. He helped track the evolution of the novel coronavirus and predicted some mutations that led to a new variant.
12/15/20224 min read
A BYD Dealership Appeals against Judgment on Commercial Defamation Dispute with Tesla
Tesla (Shanghai) Co., Ltd. has been notified of a second-instance court hearing for a commercial defamation dispute. The appellant is Anqing Fengdi New Energy Vehicle Sales and Service Co., Ltd., a BYD dealership, and the hearing is scheduled to take place on April 17.
Faraday Future Founder Files for Bankruptcy, Plans to Return to China to Promote Company Development
Faraday Future announced that in order to solve the problem of personal debt, the founder and CPUO of the company, Jia Yuetin, applied for personal bankruptcy restructuring (Chapter 11) in the United States.
10/14/20192 min read
Cleared for Take Off: Cargo Airline Backed by JD.com Founder Receives Regulatory Approval
China’s top regulatory body gave the green light on Tuesday for the establishment of Jiangsu Jingdong Cargo Airlines, a new enterprise whose chief investor is led by founder of domestic e-commerce giant JD.com.
Toyota Invests $600 Million in DiDi
Toyota Motor Corporation and DiDi Chuxing (DiDi) announced on July 26 their cooperation in smart transportation services. As part of the deal, Toyota invested $600 million in DiDi and a joint venture company the two enterprises will establish.
7/26/20192 min read
Mobile Robot Firm J-Elephant Secures Nearly 100M Yuan in Angel and Pre-A Financing
Mobile robot manufacturer Beijing J-Elephant Technology Co., Ltd. announced on Wednesday that it has secured nearly 100 million yuan ($15.2 million) in angel and pre-A financing rounds.
4/27/20222 min read
BYD to Expand Shanghai Battery Factory, Rivaling Local Tesla Gigafactory
Chinese new energy vehicle and battery giant BYD plans to invest 5 million yuan ($695,778) in an expansion project involving Shanghai BYD Co., Ltd. The eastern Chinese metropolis also hosts one of Tesla's Gigafactories in its Lingang New Area, Pudong District.
Energy Storage Firm Lingtan Intelligence Bags $7.4M in Pre-A Round Financing
Lingtan Intelligence, an industrial and commercial energy storage brand, announced on August 5 its completion of a pre-A round of financing totaling 50 million yuan ($7.4 million) led by Eight Roads.
8/5/20222 min read