7 Superstitions that Governed Chinese Internet Companies
It has been a dim period for internet companies with an overwhelming amount of twists and turns in a year. As the cold winter approaches, many resort to superst...
12/20/20188 min read
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Tencent Confirms Death of Mao Xingyun, Employee at Company's TiMi F1 Studio
Recently, news emerged that an employee of Tencent in Shenzhen died unexpectedly. Tencent confirmed on Tuesday that Mao Xingyun, an employee of TiMi F1 Studio, passed away unexpectedly on December 11th.
12/14/20212 min read
Battery Maker CATL's Q1 Net Profit Dropped by 23.62% YoY
According to the recent report issued by Chinese battery giant CATL on Friday, in the first quarter of 2022, its revenue was 48.68 billion yuan, a year-on-year increase of 153.97%.
4/29/20222 min read
Huawei’s Intelligent Automotive Solution Business Unit Carries Out Major Organizational Restructuring
Huawei announced new personnel appointments for its Intelligent Automotive Solution Business Unit (IAS BU), showing position changes for several senior executives.
9/6/20212 min read
Alibaba Sells Part of Xpeng Stake, Reducing Shareholding to 7.5%
Alibaba Group announced on December 15th that it has sold a portion of its stake in Xpeng Motors, reducing its shareholding from 10.2% to 7.5%.
BYD Offers Glimpse of Seal Electric Sedan
After launching new models within its Han series, Chinese electric vehicle maker BYD has begun to generate interest in another sedan named "Seal," which is expected to be officially launched this month.
4/13/20222 min read
Beverage Firm Genki Forest to Build Sixth Jiangsu Factory
Chinese beverage brand Genki Forest announced on February 25 that its sixth self-built factory will be established in Taicang, Jiangsu Province, covering an area of 120 mu (19.8 acres).
2/28/20222 min read
China's Popular English Learning Platform LAIX Listed on the NYSE
LAIX Inc., an English learning platform from China driven by artificial intelligence (AI) technology, listed on the New York Stock Exchange (NYSE) on Sept. 27. ...
2020 Social Credit System: Why It Matters To Businesses
Let's talk about China's social credit system and its importance to business.
7/20/20206 min read
Baidu Announces Two Main Large Models Will Be Available for Free
After the significant price reduction of ByteDance and Alibaba Cloud's large models, Baidu's two main large models are announced to be free.
5/22/20244 min read
Tencent and JD.com Become Vipshop Shareholders with $863M Investment
Tencent, JD.com and Vipshop announced that Tencent and JD.com would invest US $863 million in Vipshop. After investment, JD.com is making a leap toward its goal...
AIsphere Received Funding of Over 100 Million Chinese Yuan
AIsphere is an AIGC visual multimodal algorithm developer, focusing on the research and development of AI video generation large models and applications.