Xiaomi's Mijia Releases Smart Air-Conditioner at Less Than $300
Mijia announced the launch of its Internet of Things (IoT) air-conditioner on its Weibo account on July 23. This is Xiaomi's official entrance into the field of...
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TEMU Semi-Hosted Model Will Soon Open Japan and South Korea Sites
TEMU is about to launch a semi-hosted service in Japan and South Korea soon.
8/13/20242 min read
Suspension of Full Truck Alliance's Hong Kong Listing Plan Denied by Source
The suspension of the dual primary listing plan in Hong Kong of Full Truck Alliance, a Chinese digital freight platform, was denied by a source close to the company.
4/29/20222 min read
WeChat Releases Version 7.0.12 with Dark Mode
Tencent officially launched WeChat 7.0.12 on March 21. the latest version of the app will be supported by iOS 13 and above.
3/23/20201 min read
TAL Education Is Developing A Large-scale Mathematical Model Called MathGPT
TAL Education Group, a Chinese holding company that provides after-school education and tutoring services for students, on May 5th revealed its plan to develop MathGPT, a large-scale mathematical model.
5/6/20232 min read
Timecho Bags Angel Round Funds of Nearly 100M Yuan
Timecho, an industrial internet of things (IoT) service provider, announced on Wednesday that it has completed an angel round of financing worth nearly 100 million yuan ($14.92 million). This round was led by Sequoia Capital China.
6/29/20222 min read
XPeng to Launch New Car Next Year to Rival Tesla's Model Y
During a telephone conference following the release of its second-quarter financial report on August 23, XPeng Motors said that it would speed up the pace of new product launches within a price range of 150,000 yuan to 500,000 yuan ($21,850 - $72,838).
ByteDance Launches "Hippo Learning" App
ByteDance recently launched the AI-based "Hippo Learning" app in the Chinese market, aimed at primary and secondary school students.
Major Chinese Property Management Platform Onewo Vies for Hong Kong IPO
The property management services firm owned by Vanke called Onewo Space-Tech Service Co., Ltd. (Onewo) has formally submitted an application for a public listing.
4/6/20222 min read
Starbucks Partners with Alibaba to Start Coffee Delivery Amidst Fierce Competition
In one month, Chinese Starbucks customers will no longer need to wait in line for their cup of coffee as the coffee giant forms new partnership with the Alibaba...
Baidu CEO Robin Li Said Both Baidu and Tesla Are Adopting A Step-By-Step Engineering Approach to Autonomous Driving
Robin Li spoke about the engineering mindset that drives Baidu’s business and the company’s commitment to cultivating five million AI talent in the next five years, contributing to China’s growth as a technology powerhouse.
10/23/20214 min read
Suning Empowers Small and Micro Business Owners with Pioneering Retail Cloud Stores
Suning Retail Cloud announced on March 30 that it achieved its goal of opening 600 retail cloud stores in the first three months of 2021.