miHoYo's New AI Model 'Glossa' Makes A Stunning Debut
The successful filing of large model 'Glossa' undoubtedly injects new momentum into miHoYo's development in the field of AI.
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Amazon Plans to Launch Discount Online Store that Ships Directly From China to Overseas Customers
Amazon plans to create a shopping zone that connects buyers directly with cheaper goods in Chinese warehouses to compete in the market.
OnePlus Nord - Premium Experience on a Budget
OnePlus has been focusing on its flagship phones recently. Could this be the return to where OnePlus initially began? ...
2/1/20211 min read
MicroLED Manufacturer JBD Secures Round-A3 Financing
Shanghai-based microLED display manufacturer Jade Bird Display (JBD) announced on August 10 that it has completed an A3 round of financing worth several hundred million yuan.
Veteran Athletes’ Dilemma: Continue or Retire?
“I am too tired to continue. I decided to retire.” This is what Zhang Guowei, a Chinese star high jumper and former world silver-medalist, wrote on Weibo.
4/14/20205 min read
Former Sony Interactive Entertainment Executive Joins Tencent Games as Adviser
Shawn Layden, the former CEO of Sony Interactive Entertainment's U.S. division and chairman of Worldwide Studios, announced on his LinkedIn account on September 20 that he has joined Tencent Games as a strategic advisor.
Chinese Drone Maker EHang Plans to Raise $43 Million With 3.2 Million ADSs
The Chinese commercial drone developer EHang Holdings announced its terms for the US IPO on December 5.
12/6/20192 min read
Jack Ma Talks About Manufacturing Woes, Alibaba Cloud, and the DAMO Academy at the Computing Conference 2018
The Computing Conference, one of the Alibaba Group's largest and most renowned events, opened on Sept. 19 in Hangzhou. Executive chairman Jack Ma, as well as hi...
China VC Weekly: Xiaoice, Lingerie and More
In last week’s VC news, Microsoft’s China-based spin-off gets a new injection granting it unicorn status, local lingerie industry leader Neiwai raises a whopping $100 million in the latest round, Alibaba and SAIC motors back smart vehicle software startup Banma, attracting $46t4 million in investment from a cohort of new and old backers, all that while the Tencent-backed Indian streaming giant Gaana raises $40 million in debt financing.
7/20/20215 min read
Shanghai to Continue Providing Subsidies for New Energy Vehicles until End of June
According to a plan issued by the Shanghai Municipal Government on January 29, individual consumers will be given a financial subsidy of 10,000 yuan ($1,473) per vehicle when they purchase a pure electric vehicle before the end of June this year.
1/29/20233 min read
From 2008 to 2022, A Transformed Landscape for Broadcasting at the Beijing Olympics
The 2022 Winter Olympics in Beijing will be broadcast globally using the cloud services of leading Chinese tech firm Alibaba.
1/29/20225 min read
BYD and Leapmotor Eye Takeover of Changsha GAC Fick Factory
Chinese automakers including Leapmotor and BYD are currently discussing the possibility of acquiring ownership of GAC Fick's factory in Changsha.
7/22/20223 min read