BYD Invests in Zhuoyu Technology Under DJI
BYD strengthens its layout in intelligent driving by investing in DJI's subsidiary, Zhuoyu Technology.
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Michael Yu: New Oriental Donates Nearly 80,000 Sets of Study Desks and Chairs to Rural Areas, Adjusting its Business
"With the adjustment of our business, New Oriental has decided to donate new study desks and chairs to primary and secondary schools in rural areas, having donated nearly 80,000 sets so far," Michael Yu posted.
11/5/20212 min read
Chinese Internet Security Firm Qihoo 360 to Spend $451 Million for 16.6% Equity of Hozon Auto
Chinese internet security firm Qihoo 360 Technology announced on Monday that the company plans to invest 2.9 billion yuan ($451 million) in Hozon Auto, which also operates a car brand called NETA Auto.
10/19/20212 min read
Xiaomi Releases Q2 Financial Report: Mid-to-high-end Smartphone Sales Surge
Chinese smartphone and smart hardware manufacturer, Xiaomi Group, recently released its second-quarter financial report for 2020.
8/27/20203 min read
Female Alibaba Employee Claiming Sexually Assault Is Sued by Former Company VP for Reputation Infringement
Widespread public attention was previously focused on the case of a female Alibaba employee surnamed Zhou who claimed she had been sexually assaulted in a lengthy post to the company's internal messaging platform.
12/2/20213 min read
Is Pinduoduo's US Sister Site Temu Too Good To Be True? I Decided To Find Out.
Temu sprang onto the US e-commerce scene with a bold claim that it can deliver quality products at affordable prices for just about any budget. Yes, that’s right - "quality" and "affordability" in the same sentence.
10/20/20224 min read
CATL Unveiled Shenxing PLUS Battery, Boasting 1000-km Range
At the 2024 Beijing Auto Show, CATL introduced the Shenxing PLUS battery, the world's first lithium iron phosphate (LFP) battery capable of achieving a 1000-kilometer range.
4/25/20242 min read
OPPO Showcases Three Concept Products at INNO DAY 2020
Leading Chinese smartphone company OPPO on Tuesday kicked off its annual technology convention OPPO INNO DAY themed “Leap into the Future” in Shenzhen
11/17/20203 min read
The News about China Issuing licenses to Resume Extracurricular Tutoring Are False
Recently, there has been a picture circulating on the internet with the title "China to issue licenses to education and training companies for resuming extracurricular tutoring." On July 20th, the official WeChat account of Chinese Association for Non-Government Education clarified that this information is purely a rumor.
7/20/20232 min read
McDonald's Chinese Workers Complain About Frequent Promotions, Demand Better Treatment
Under the latest promotional efforts posted on McDonald's official Weibo account, complaints from overworked frontline employees flooded the comments section.
12/11/20215 min read
Alibaba Announces Strategic Partnership with FAW Group
Alibaba has announced a strategic partnership with FAW Group, one of China’s largest automobile companies.
1/9/20202 min read
China Publishes First Carbon Credit Evaluation Standard for Enterprises
During the 2022 China International Carbon Trading Conference held on July 16, the "Enterprise Carbon Credit Evaluation Standard," the country's first carbon credit standard, was officially released.
7/18/20222 min read