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Under strict new regulation issued on March 11, many brands of electronic cigarettes and vaporizers with fruit flavors have seen prices increase by up to 20-30 yuan ($3.14-$4.72).
William Lu, Senior Vice President of Xiaomi Group, has said that the technology company's new flagship store will open at Wanxianghui on Zhongshan Road in the southern Chinese city of Nanning on April 30.
Chinese search engine and AI company Baidu Inc has completed the registration of a new electric vehicle (EV) company, officially signaling a kick-off of its new venture with automaker Geely.
On April 27th, it was reported that Foton Motor plans to establish its second factory in Mexico to produce electric vehicles and focus on exporting them to the United States.
DecodeChina is an exclusive opportunity for globally-minded, tech-obsessed professionals to dive into China’s tech scene through company and start-up visits, courses and workshops, networking events, and much more!
On Monday, Suning.com, the retail arm of Suning Group, announced that two state-backed investors took the lead to establish the second phase of Jiangsu Xinxin Retail Innovation Fund, which would acquire 16.96% equity of Suning.com at a price of 5.59 yuan per share, marking the latest move by China to rescue debt-ridden conglomerate.
Alibaba responds to the news of selling Bilibili ADR: Based on Alibaba's own capital management goals, it does not affect the business cooperation between both parties.
On October 31, Netherlands-based automaker Stellantis announced that the GAC-FCA, a joint venture established by Stellantis and China's GAC Group, will file for bankruptcy in court.
China's State Council issued a circular on August 3 to push forward an extensive new five-year mass fitness program. It proposes that by 2025, the proportion of people who regularly take part in physical exercise will reach 38.5% from 37.2%.
According to HKEx documents released on Friday, Chinese online Q&A platform Zhihu passed the required hearing before its IPO debut. The IPO underwriters will be Credit Suisse, JPMorgan Chase & Co, CICC and CMB International.
On Thursday, ByteDance’s Douyin announced an upgrade to the company's open music platform, "Zhirexinghe".
On Feb. 5, China’s tech giant Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988) announced the pricing of an underwritten registered public offering of $5 billion senior unsecured notes, per Business Wire.