Xiaomi Publishes Three Articles in A Row 'Firing Back', IM Motors Apologizes Again
Xiaomi released three articles in a row to angrily confront IM Motors for misleading the public, and IM Motors issued an apology.
4/10/20247 min read
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Pinduoduo-linked Cross-Border E-Commerce Platform Temu Goes Live
A new e-commerce website and mobile app that bears the same registered address as Pinduoduo went live on September 1, weeks after speculation that the Chinese agriculture-focused technology company will launch a cross-border service.
9/2/20223 min read
Chinese Battery Firm Sunwoda Completes GDR Issuance, Debuts on Swiss Stock Exchange
Chinese battery manufacturer Sunwoda completed its issuance of global depository receipts (GDRs) on November 14 and listed them on the Swiss Stock Exchange, becoming the fourth company also traded publicly in Shenzhen to successfully list GDRs in Europe.
Top Three Video Streaming Giants Co-Host First Virtual Cinema Project in China Amid Spring Festival
China’s top three video streaming platforms announced their cooperation in launching the first online cinema project in the country during China’s Lunar New Year holiday.
Apple's "Braided" Customer Service Image Sparks Controversy
Apple's “braided” customer service sparks controversy as image remains on official website.
Luckin Coffee Denies Nasdaq Relisting Plan
Reports have emerged that Chinese beverage chain Luckin Coffee is exploring plans to relist its shares in the U.S. following a high profile removal in June 2020. Luckin has since denied the report.
1/20/20222 min read
Tencent Sports Resumes NBA Preseason Live Broadcasts
Despite announcing on October 8 on Weibo that the NBA preseason broadcast would be suspended amidst the ongoing controversy, Tencent Sports resumed broadcasts of certain games.
10/14/20192 min read
CATL Suspends Lithium Mining Operations
CATL confirmed that it is planning to adjust its production arrangements for Yichun lithium carbonate, based on the recent market conditions for lithium carbonate.
Mobvoi’s Li Zhifei: Stand Back When Giants Battle in the Smart Speaker Market
2017 was supposed to be the year China’s domestic smart speaker market broke out. Alibaba, Xiaomi, JD.com, Rokid, Mobvoi and Himalayas all launched intelligent ...
11/9/20176 min read
Chinese Tech Giants ByteDance and Tencent Explore Cooperation in Gaming Business Amid Market Challenges
ByteDance's Nuverse is negotiating with Tencent and other potential buyers to sell several games, which were developed at a significant cost and are now being offered at a discount, sources say.
1/10/20243 min read
Didi Secures Investment from GAC Group for L4 Autonomous Driving
On October 12, Didi Autonomous Driving announced that it has received investment from GAC Group.
10/13/20232 min read
BYD Denies Rumors of Supplying Tesla With Blade Batteries
BYD has denied rumors it is supplying Tesla with "blade batteries" on Wednesday, asserting that the company never told the media that it would do so, nor did it say that its blade batteries would be used in Tesla's Model Y.