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LiblibAI, a Chinese AI content creation platform, announced it had raised hundreds of millions of yuan in its latest round, led by INCE Capital and Shunwei Capital.
On August 15th, Vice President of NIO (Anhui) Technology Co., Ltd., stated that in the next one to two years, some key chips including the assisted driving chip will also be self-developed and mass-produced.
Reddit just received $300 million in total in a new round of financing. Chinese tech giant Tencent, the parent company of China’s largest social network WeChat, is the lead investor.
Blackstone (Shanghai) Private Equity Fund Management Co., Ltd., a subsidiary of the global asset management giant Blackstone, has recently expanded its Shanghai offices.
Alibaba's logistics platform Cainiao together with DAMO Academy announced that a total of 350 unmanned delivery vehicles have been put into operation in more than 200 universities in more than 70 cities across the country.
NIO shares surged as much as 12% on October 8 after the Chinese electric vehicle maker delivered 4,799 vehicles in the third quarter, up 35.1% from the second quarter, exceeding expectations by a large margin.
36 Kr reported that Didi will complete the acquisition of Bluegogo in the near future, and that it has already signed the purchase agreement. In addition, Didi,...
Zou Lan, Director General of the Monetary Policy Department of the People's Bank of China, said on July 13 that the digital RMB pilot scheme has now been extended to 23 areas in 15 provinces and cities across the country.
China’s first Mars exploration mission Tianwen-1 revealed full-size models of its lander and rover on Wednesday.
Baidu has hired Xia Yiping, the co-founder of bike-sharing firm Mobike to be the chief executive of its new electric car company, operating in tandem with automobile manufacturer Geely, according to reports.
Henan, a central Chinese province home to over 100 million people, has over recent days suffered a once-in-60-year rainstorm. In response to the tragedy, many Chinese internet companies have announced emergency assistance for Henan.
The topic of "Xpeng P7 model's airbags didn't open in the accident" caused heated discussion in Chinese social platform.