Popular Shanghai Eatery Element Fresh Closes Shops
Not long ago, Element Fresh, a popular fresh food eatery, made the news with rumours that its bankruptcy liquidation was beginning to spread.
12/20/20212 min read
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Ride-hailing Giant Didi Chuxing to Give Drivers Access to Pay Breakdown in Bid to Improve Transparency
Chinese ride-hailing company Didi Chuxing is pushing ahead with its pledge to be more transparent, amid concerns about the platform's pricing mechanisms and accusations of unfair commission rates.
5/27/20213 min read
Li Auto’s US IPO Gets Fully Subscribed
NIO’s domestic rival, Beijing-based electric vehicle startup Li Auto’s initial public offering in the US has been fully subscribed for a whopping $950 million, Reuters’ IFR reported.
7/29/20202 min read
Nio, Xpeng Score Record Deliveries in Q1
Chinese electric vehicle makers Nio and Xpeng both reported record deliveries during the first quarter of 2021, despite seasonal industry-wide slowdown in car sales and ongoing complications due to a global chip shortage.
4/2/20213 min read
Baidu Plans to Launch Apollo Go Robotaxi Service in Hong Kong
Baidu Apollo Go plans to launch robotaxi service in Hong Kong, which will also be its first business outside the mainland market.
Huawei respects Best Buy decision to stop selling Huawei phones
According to CNET, a person close to the situation said that U.S. electronics retailer Best Buy has stopped selling Huawei smartphones. SEE ALSO: Chinese Smart...
3/23/20182 min read
Chinese Tourists Bring Alipay Overseas
When shopping in China there's no need to bring your wallet, most people use their phones to pay, regardless of if you are buying a piece of gum or a new car.
Alibaba Cloud Launches New AI and Big Data Products, Establishes Damo Academy in Shanghai
Alibaba Cloud unveiled a suite of AI and big data products for international markets at a recent summit in Singapore, aiming to accelerate global AI-driven digital transformation.
CATL "Shenxing Superfast Charging Battery" Debuts on Chery's Sterra Model
Recently, Chery Automobile and CATL jointly announced that the "Shenxing Superfast Charging Battery" will be implemented in Chery's Sterra model.
Chengmandian Wins Nearly $12.5 Million in First Phase of Round A Financing, Led by Yingke PE
Anhui Chengmandian Energy Technology Co., Ltd. completed the first phase of a Pre-A round of strategic financing totaling 80 million yuan ($12.5 million), with Yingke PE leading the investment.
12/30/20212 min read
Tesla Encourages Chinese Suppliers to Build Factories in Mexico
According to a report by 36Kr, Tesla is said to be mobilizing numerous Chinese supply chain firms to establish factories in Mexico.
Former Meizu CMO Yang Zhe Joins Xiaomi as VP and China CMO
Xiaomi today announced the appointment of Yang Zhe, also known as Jeffery Yang, as Vice President and Chief Marketing Officer (CMO) of its Chinese division.
6/2/20202 min read