Online Logistics Platform Kuaigou Dache Files for Hong Kong IPO
Intra-city freight platform Kuaigou Dache, known as GoGoX overseas, filed a prospectus for a planned listing on the HKEx main board, according to HKEx filings.
8/30/20212 min read
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Baidu’s Autonomous Ride-hailing Service Platform Apollo Go Begins Operations in Wuhan
Apollo Go, Baidu's autonomous ride-hailing service platform, officially began offering its services in Wuhan's Economic & Technological Development Zone (WHDZ) on Tuesday.
5/10/20223 min read
Affordable Realme C30s Smartphone Arrives in India
Chinese smartphone maker realme launched a new entry-level smartphone on September 14 called the realme C30s and is aimed at the Indian market.
Xiaomi To Target High-End Market, Leaving Cost-Effectiveness Behind
Lei Jun, Xiaomi’s founder and CEO posted on Weibo on March 9, claiming that Xiaomi will no longer be restrained by "cost-effectiveness".
3/11/20203 min read
Tencent-backed Grocery Start-up Missfresh Closes on $495M Fundraising
Tencent Holdings-backed Missfresh has completed a new round of financing worth $495 million, LatePost reported, the biggest fundraising that a Chinese grocery start-up has ever received.
7/23/20203 min read
CATL Obtains World's First UNECE Access Certification for EV Batteries
Leading Chinese battery firm Contemporary Amperex Technology Co. Limited (CATL) announced on Thursday that it has obtained the world's first UNECE R100.03 approval for EV battery systems, granted by the German Ministry of Transport.
TuSimple to Go Public as a Self-Driving Company, Revenue to Be Largely Derived from AFN
Self-driving truck company TuSimple revealed on Tuesday its prospectus with the U.S. Securities and Exchange Commission (SEC), planning to go public on Nasdaq on April 15th with the ticker “TSP.”
4/9/20213 min read
Outbound Tourism Grows in Chinese New Year Holiday
More and more Chinese chose spend their Spring Festival holiday traveling. The number of people who enjoyed the week-long holiday break overseas grew by 28 percent, according to Alibaba.
NetEase Cloud Music May Raise $1 Billion after Listing Hearing
Hong Kong media reported on Monday that Chinese gaming giant NetEase’s music streaming arm NetEase Cloud Music would pass its listing hearing as soon as this week, eyeing raising about $1 billion. Its co-sponsors are Merrill Lynch, CICC and Credit Suisse. The music platform declined to comment on the news.
7/27/20212 min read
5 Best Bezel-Less Phones of 2018
Phones with increasingly high screen-to-body ratios are one of the new trends in the smartphone industry. Here are the best Chinese phones launched in 2018 with virtually bezel-less screens.
China VC Weekly: AI, NLP and In-Memory Computing
AI and Cloud were the VC focus in China this past week.
5/16/20203 min read
Tesla China Forbids Customers to Resell Vehicles Within a Year
Tesla China has recently asked local consumers to sign a "letter of commitment not to resell their cars," igniting heated discussion among domestic web users.
3/22/20222 min read