Pinduoduo’s New Brand Initiatives Upgraded, Facilitating Brand Innovation with 5,000 Manufacturers and Driving RMB 1 Trillion Sales
Pinduoduo announced that it would upgrade its New brand Initiatives on Thursday.
10/24/20202 min read
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Toyota Topples GM as Second Best Selling Car Maker in China
According to numbers reported by a research company LMC Automotive, Toyota was responsible for 7.8% of China’s new car sales during the first nine months of 2019, falling short of toppling Volkswagen as the market leader, but outpacing GM and the local automotive leader SAIC Motor.
iQOO 9 Series Smartphone Unveiled, Adopts Snapdragon 8 Gen1
On Wednesday, Vivo's sub-brand iQOO released new smartphone series, the iQOO 9 and iQOO 9 Pro.
1/5/20222 min read
Douyin Cracks Down on Vulgar Live Streaming Content
The live streaming security center under Douyin recently announced that it will launch a special campaign to crack down on vulgar and negative content in live streaming.
10/26/20212 min read
VSPN Raises $60M Series B+ Financing Round
Chinese esports solution provider VSPN (Versus Programming Network) announced Friday that it has raised a $60 million Series B+ financing round led by Prospect Avenue Capital (PAC).
1/22/20212 min read
Mind-blowing Niche Gadgets at 2019 CES Asia — Black Mirror Coming to Life
Rather than classy and fancy ideas, what is most eye-catching this year is actually the niche products with delicate industrial design and “black technology”.
DJI Automotive Releases High-Performance 'Chengxing Platform' Configuration: Independent of High-Precision Maps and Lidar
DJI Automotive unveiled upgraded "Chengxing Platform" configurations at the "China Electric Vehicle 100 People Forum (2024)", enabling L2+ intelligent driving without high-precision maps or lidar.
Emissions Management Firm Enesource Secures Financing From Sequoia China
Enesource, a Chinese provider of carbon emissions management services, announced on Wednesday that it has raised 50 million yuan ($7.9 million) in a B round of financing.
3/9/20223 min read
XPeng CEO Warns of Suspended Production if Lockdowns Persist
Amid ongoing pandemic containment efforts, car companies in China are facing supply chain problems. He Xiaopeng, CEO of electric vehicle maker XPeng, expressed his worries on Thursday.
4/15/20222 min read
Tencent Buys Over 11 Million Shares in Meituan, Raising Nearly $400 Million and Acquiring a 17.2% Stake in the Firm
On the evening of July 13, Chinese delivery and e-commerce giant Meituan announced that all preconditions for the items contained in Tencent's subscription agreement had been reached. The estimated net proceeds from the deal are expected to be about $400 million.
7/14/20212 min read
Huawei Releases the 5G Version of Nova 6 Series Starting from $408
Following the tradition of the Nova series, Huawei's Nova 6 is a 5G smartphone specially designed for young people.
12/5/20193 min read
Honda's China Joint Venture Announces 900 Layoffs
Honda recently announced that it will lay off about 900 contract workers at its Chinese joint venture, GAC Honda Automobile Co., due to a shift towards the electric vehicle market.
12/4/20232 min read