Meituan Co-founder to Retire From Management Role
Meituan Dianping's co-founder and Senior Vice-President Wang Huiwen will retire from his management role as of December 2020.
1/21/20202 min read
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iPhone 15 Saw Sluggish Sales amid Tim Cook's Swift China Tour
China is now the largest market for Apple's iPhone, and it is also a manufacturing center for Apple. The impact of Tim Cook's visit to China on boosting iPhone sales is yet to be observed.
Chinese Battery Supplier Ganfeng Lithium Acquires 8.58% Equity of Litio for $13 Million
Ganfeng Lithium announced on Wednesday night its acquisition of 8.58% of shares in Litio Minera Argentina S.A. for a transaction amount of $13.178 million.
10/21/20213 min read
China NFT Weekly: Jay Chou’s Bored Ape Got Stolen
This week: Tencent's WeChat suspends NFT accounts, Chinese AR glasses maker Nreal raises $60 million in series C+ funding round, Taiwanese pop star Jay Chou claims someone stole his Bored Ape NFT, and more.
4/6/20228 min read
Xiaomi Plans to Produce Smartphones in Argentina
Chinese smartphone brand Xiaomi is expected to open stores in Argentina and set up a production base in the country's southern region of Tierra del Fuego, with a total investment of millions of dollars.
2/7/20222 min read
OPPO and Tesla China Complete Digital Car Key Adaptation
Chinese smartphone maker OPPO announced on Tuesday through its official Weibo account that it has entered into a partnership with the Tesla China team to manufacture digital car keys.
4/26/20222 min read
Temu Thrives in the Japanese Market
Pinduoduo's cross-border e-commerce platform Temu has rapidly gained traction in the Japanese market since its launch in July 2023, boasting 15.5 million users by January 2024.
2/21/20242 min read
Chinese Toy Maker Pop Mart Doubles its Shares Value in Hong Kong IPO Debut
On Dec 11, Chinese toy company Pop Mart successfully launched its initial public offering (IPO) in Hong Kong, with shares skyrocketing by 100.26% in value.
12/11/20203 min read
Wuhan Coronavirus Outbreak Could be the Dawn of Vegan Meat, Remote Work and More
Wuhan Coronavirus Special Edition from Tech Buzz Extra Buzz.
2/5/202015 min read
Faraday Future Executive Chair Sue Swenson Resigns, Citing Death Threats
California-based electric vehicle maker Faraday Future announced on October 7 that Sue Swenson, the firm's executive chairperson, as well as Scott Vogel and Jordan Vogel, have officially resigned as directors and all other related positions within the company.
10/8/20223 min read
Megvii Resumes Process for Shanghai STAR Market IPO
According to the Shanghai Stock Exchange (SSE) on Monday, the registration procedure for AI company Megvii's issuance of shares has been resumed, with a prospective financing amount of 6.018 billion yuan ($887.5 million).
5/17/20222 min read
Nayuki's 2021 Adjusted Net Loss Between $672M to $678M
Chinese bubble tea chain Nayuki announced on Tuesday that it is expected to earn about 4.28 billion ($672 million) to 4.32 billion yuan in revenue and about 135 million to 165 million yuan in adjusted net losses (non-IFRS measure) in 2021.
2/8/20222 min read