Kwaixiaodian Orders Surpass 500M in August
Kuaishou’s e-commerce platform Kwaixiaodian announced on Sept. 16 that its e-commerce orders in August 2020 exceeded 500 million and its daily active users (DAU) surpassed 100 million.
9/18/20202 min read
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Mercedes-Benz and 360 Group Join Forces to Strengthen Car IT Security
Mercedes-Benz and the Chinese cyber-security juggernaut 360 Group announced cooperation to offer customers secure products and secure connected services for drivers.
12/16/20192 min read
Alibaba’s Tmall Global Ramps up Support for Foreign Brands Localizing in China
On Jan. 19, Alibaba Group’s cross-border B2C platform Tmall Global announced a new suite of solutions at the 2021 Tmall Global New Seller Virtual Summit to help global brands localize in China.
1/20/20213 min read
CATL and Ford Kick off Global Strategic Cooperation
On July 21, CATL, a Chinese power battery giant, and Ford, a leading US automobile company, announced an agreement in which the two companies will establish a global strategic cooperative relationship.
7/21/20222 min read
Xinxiang Technology Secures Several Hundred Million Yuan in Round A+ Financing
Wuxi Xinxiang Information Technology Co., Ltd., a provider of computer-integrated manufacturing systems for semiconductor factories, recently raised several hundred million yuan in Series A+ financing.
3/4/20223 min read
Chinese Food Delivery Platforms Meituan and Ele.me Interviewed by Market Regulators
The Hangzhou Municipal Market Supervision Bureau in eastern China's Zhejiang Province issued a notice on July 28 regarding recent reports of food safety problems with group purchasing and delivery services by Meituan merchants.
JD.com Founder Richard Liu Condemns Firm Executives in Email, Adhering to Low-Price Strategy
Richard Liu, the founder and former CEO of Chinese e-commerce giant JD.com, emphasized that low prices are the core competitiveness of the retail industry.
11/11/20223 min read
Xiaomi Releases Mi 9 5G Variant and Futuristic Concept Phone With Surround Display
Xiaomi announced today a trio of new products that embrace the next generation of mobile network connectivity with innovative technologies imbued within, namely the Mi 9 Pro 5G mobile phone, Mi Full Screen TV Pro and Mi MIX Alpha.
Huawei Partners with Meituan to Develop HarmonyOS Native Applications
On Monday, Huawei announced a comprehensive collaboration with Meituan using HarmonyOS. Huawei will fully back Meituan in launching the development of native applications for HarmonyOS.
Web3 Infrastructure Firm InfStones Secures $66M in New Funds
Global blockchain infrastructure provider InfStones on Wednesday announced a new funding round of $66M led by SoftBank Vision Fund 2 and GGV Capital, with participation from INCE Capital, 10T Fund, SNZ Holding, and A&T Capital.
6/2/20222 min read
Honor Releases Mid-Range 9X Duo With Pop-up Selfie Cameras
Honor launched the Honor 9X and Honor 9X Pro today in Xi’an China. The Honor 8X upgrades features a full-screen display with a pop-up selfie cameras.
7/23/20193 min read
DNA Synthesis Startup Atantares Secures Angel+ Round of Financing
Shanghai Xinsu Medical Technology Co., Ltd., also known as Atantares, has recently completed an angel+ round of financing totaling tens of millions of yuan, led by Qiming Venture Partners.
5/6/20222 min read