GMV of Douyin Local Life Business Tops $3.28 Billion
In the first half of this year, the gross merchandise volume (GMV) of Douyin's local life business reportedly totaled about 22 billion yuan ($3.28 billion).
7/11/20223 min read
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Tesla Launches Charging Device CyberVault in China
Tesla launched the CyberVault on April 3, a Cybertruck-inspired 13kg box with integrated EV home charging which is tailor-made for the Chinese market.
HTC Confirmed to Conduct New Round of Layoffs
HTC confirmed that the company will conduct a new round of layoffs, the Taiwanese mobile manufacturer did not disclose specific details of the layoff plans.
12/19/20191 min read
Chinese Battery Leader CATL's Subsidiary Invests in Establishment of Mining Company
According to Qichacha, a Chinese enterprise information inquiry platform, Guizhou Shidai Mining Co., Ltd. was established on December 31, 2021, with a registered capital of 800 million yuan ($125.88 million).
1/4/20222 min read
Alibaba Reshuffles Cloud Business and DAMO Academy
Chinese tech giant Alibaba announced a new round of organizational restructuring on December 29. Daniel Zhang, Chairman and CEO of Alibaba, sent an email to all employees, setting the keyword for 2023 as "progress."
12/29/20223 min read
BYD Will Start Delivering Self-Developed High-End Intelligent Driving Solutions for Some Models This Year
BYD's most important task at present is to achieve equal rights in intelligent driving while implementing self-developed algorithms.
1/16/20252 min read
Automotive Post Market Service Provider New Carzone Completes Financing of $200 Million Led by Asia Investment Capital and Alibaba
New Carzone, a one-stop automotive post market service platform, announced on Thursday that it had completed a D round of financing worth nearly 200 million US dollars.
9/16/20212 min read
Tesla Cybertruck China Tour Expands to Include More Cities
Tesla has announced that it is expanding its Cybertruck China Tour to include 10 cities in total.
New OnePlus 6 Photo Leak: Top Notch Design with Snapdragon 845 + 8GB RAM
The Xiaomi MIX 2S is currently the only Chinese phone using the Snapdragon 845 processor. However, OnePlus 6, Vivo APEX, and Xiaomi 7 are all confirmed to be on...
4/7/20182 min read
Tencent Lightspeed & Quantum Studio Collaborate with Professional Golfer Xiang Sui
On June 22, Tencent’s Lightspeed & Quantum Studio announced that it had signed a collaboration deal with Chinese pro golfer Xiang Sui.
Zhang Ruimin, Founder of Haier, Resigns as Board Chairman and Zhou Yunjie Is Elected
Haier Group issued an announcement on Friday that Zhang Ruimin, the firm's 72-year-old founder, volunteered not to participate in the nomination of new directors at the staff meeting.
11/5/20212 min read
Sweden's Einride Orders 200 Pure Electric Tractors From BYD
Einride, a Swedish freight technology company, announced recently its purchase of 200 heavy-duty pure electric 8TT tractors from Shenzhen-based automaker BYD.
3/7/20222 min read