Self-Driving Tech Startup QCraft Secures Round-B1 Financing
QCraft, a Beijing-based provider of autonomous driving solutions, announced on December 2 its completion of a B1 round of financing worth several hundred million yuan.
12/2/20223 min read
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Porsche CEO Listed Chinese Market as Primary Challenge Upon 2024 Performance Report Release
In 2024, Porsche's sales in China plummeted by 28% to 56,887 cars. In 2021, China was Porsche's largest market with sales of 96,000 cars.
3/14/20253 min read
XPeng Motors Officially Enters the UAE Market
Recently, XPeng Motors partnered with Ali & Sons Holding LLC in Dubai to hold a launch event for the G6 and G9 models.
After fighting with Baidu, JD.com may join the BAT Group
JD's (京东）closing price on June 26 was $43.08, raising their total market value to $61.149 billion. They are quickly approaching to Baidu's total market value o...
Huawei Releases P50 Series, First Smartphone with HarmonyOS
On Thursday night, Huawei's P50 series was officially released. This is Huawei's first smartphone that will be pre-installed with its home-built HarmonyOS.
7/29/20213 min read
Honor Notebook's Market Share in China Increases from 1.4% to 6.6%
On September 26, Chinese smartphone brand Honor held an online conference to release new electric notebook products, such as the Honor MagicBook V14, MagicBook 16 Series, Honor Tablet V7 and Honor Smart Screen X2 Series.
9/27/20212 min read
Didi's Carmaking Plan to Be Unveiled in June
A plan to make cars by leading Chinese ride-hailing platform Didi may be officially released in June this year, while deliveries may begin in June next year.
3/15/20223 min read
Alibaba Cloud focuses on IoT and aims to connect 10 billion devices in 5 years
At the 2018 Computing Conference in Shenzhen on March 28, Simon Hu, Alibaba Group senior vice president and Alibaba Cloud president, announced that Alibaba will...
Chinese Electric Vehicle Battery Manufacturer CATL Extends Battery Supply Deal with Tesla
Chinese Electric Vehicle Battery Manufacturer CATL announced on Monday that it had signed a new long-term agreement with U.S. EV maker Tesla to supply battery cells to the company. Shares of CATL have been climbing in recent months in anticipation of the deal.
6/29/20213 min read
Richard Liu Criticizes Internet Monopoly: Unfortune for China if still BAT Decade Later
"The Internet is a natural monopoly industry, and if it is still dominated by Baidu, Alibaba and Tencent in a decade, it will be most unfortunate for China," Ri...
Huawei Advances Sale of x86 Server Business
According to Chinese enterprise information inquiry platform Qichacha, the owner of Huawei's Super Fusion Digital Technology Co., Ltd., which runs the company’s x86 server business, has been changed on Friday.
11/8/20212 min read
Chinese-Canadian Kpop Singer Kris Wu Arrested on Suspicion of Rape
On Monday night, the People's Procuratorate in Beijing's Chaoyang District approved the arrest of Kpop star Kris Wu.
8/17/20213 min read