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A Tesla owner said his new Model Y, which he bought six months ago, suddenly caught fire. When Tesla offered compensation, they requested him to sign a confidentiality agreement.
Tesla's Shanghai Gigafactory now reportedly has an annual production capacity of more than 750,000 units, making it the company's largest facility, according to a second-quarter earnings report released on July 20.
Tencent announced on October 29 that it will acquire a 6.86% stake in Kadokawa for 30 billion yen ($263 million) via its subsidiary Sixjoy, a wholly-owned subsidiary of Tencent in Hong Kong.
JD.com's community group purchasing platform, Jingxi Pinpin, is further shrinking its business lines and may only retain operations in the cities of Beijing and Zhengzhou.
After years of hard work in overseas markets, Nreal, a Chinese AR startup, plans to expand its Chinese market presence and will soon release consumer-grade AR products.
On March 11, China's third largest e-commerce company, Shanghai-based Pinduoduo reported their fourth quarter results for the year 2019.
Chinese e-commerce powerhouse JD.com has approached investment banks including UBS and Bank of America to discuss a second listing in Hong Kong.
On Wednesday, Xiaomi held a closed-door meeting attended by representatives from companies in the Xiaomi smartphone and automotive-related industries.
On September 7, 2023, Alibaba.com introduced an innovative suite of products at its Co-Create conference in Las Vegas.
Uxin has signed a financing agreement with its existing shareholder NIO Capital's affiliated company, which subscribed for 714 million senior convertible preference shares, with a total value of $100 million.
On October 14, reporters from Chinese media 21Tech met with the new global CEO, Carsten Breitfeld, in FF's Beijing office to discuss his vision for the company and Jia Yueting's bankruptcy announcement.
Chinese research firm Analysys released a report detailing the market share of AR glasses in China in the third quarter of this year, showing that Xiaomi's AR glasses ranking fourth with a market share of 8.5%.