China Will Explore Mars In 2020
The academician of the Chinese Academy of Sciences told a Chinese news outlet on July 7 that China will explore Mars next year with a satellite, a lander and a rover.
7/8/20192 min read
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Food Delivery Platform HungryPanda Aims to Satisfy Chinese Appetites Overseas Amid Coronavirus
Food delivery platform HungryPanda emerged as one of the key players in the past few years, specializing on Chinese food overseas, as large Western platforms have not yet added Chinese restaurants to their networks on a large scale due to cultural barriers or expensive commissions.
4/21/20206 min read
Chinese Agricultural Drone Startup XAG to Debut in STAR Market
On Monday, the IPO application of XAG, a domestic agricultural drone maker, was accepted by the Shanghai Sci-Tech Innovation Board (STAR Market). XAG plans to raise 1.51 billion yuan ($235 million).
Xiaomi Among Nine More Firms US Adds to Chinese Military Blacklist
The Trump administration on Thursday added nine Chinese firms to government blacklists of companies that it says have ties to the Chinese military.
Brazilian AgTech Firm Agrotools Finalizes $21M Funding Round
Agrotools, a leading technology and intelligence company for agribusiness, on June 6 announced that it has raised $21 million through an investment program initiated in 2020, focused on the company's expansion.
6/7/20222 min read
Faraday Future Announces the Sale of Its Property in North Las Vegas for $40 million
Faraday Future (FF) announced on Mar. 13 that it has decided to sell 900 acres of land in North Las Vegas, Nevada for $40 million.
3/14/20192 min read
Xiaomi Q3 Revenue Reaches $12.22 Billion, a Year-on-year Increase of 8.2%
Xiaomi released its financial report for the third quarter of 2021 on Tuesday. Its revenue reached 78.06 billion yuan ($12.22 billion), up 8.2% year-on-year.
11/23/20213 min read
Tesla's Shanghai Gigafactory Achieves 90% Localization of Supply Chain, To Produce Half a Million Vehicles This Year
Tao Lin, Vice President of Tesla Global, said in an interview that Tesla's Shanghai Gigafactory can achieve the goal of producing 500,000 vehicles this year.
12/1/20212 min read
Xpeng Launches First Right-Hand Drive G6 in the UK with Pre-Sales Starting at £39,990
On February 12, Chinese electric vehicle manufacturer Xpeng Motors kicked off pre-sales in the UK for its first right-hand drive model, the Xpeng G6, a smart all-electric mid-size coupe SUV.
2/14/20252 min read
Xiaomi Invests in VR Company Co-founded by Movie Director Zhang Yimou
According to Tianyancha App, Sky Limit Entertainment, a VR company co-founded by Chinese film director Zhang Yimou, has added Xiaomi's affiliated company, Hanxing Venture Capital Co., Ltd. as shareholders.
12/2/20211 min read
Futu Holdings' Q3 Revenue Increases by 83% YoY, Global Users Reach 16.6 Million
Futu Holdings, an online brokerage and wealth management platform, on Wednesday announced its unaudited financial results for the third quarter ended September 30, 2021.
11/25/20213 min read
Coffee Unicorn Manner Accelerates Expansion
Manner Coffee, a Shanghai-based coffee chain, announced on Tuesday that it will open more than 200 new cafes in 10 cities in China.
3/2/20222 min read