No Merger for Airbnb & Tujia: the Competition in China Continues
Tujia.com, Airbnb's equivalent in the China market, denied the rumor of a possible merger on June 1, stating that the two short-term rental service platforms ha...
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Didi Owned Brazilian Transportation Startup 99 Celebrates 1 Billion Trips Completed
99, a Brazilian ride-sharing platform a subsidiary of Didi Chuxing (“DiDi”), today celebrated reaching 1 billion trips completed on its platform.
Alibaba's Worst Nightmare: Pinduoduo Becoming the No.1 E-commerce App in China
Have you ever used Pinduoduo? There is a wide variety of e-commerce start-ups in China, but why is Pinduoduo suddenly so popular ? SEE ALSO: Go For the WeChat...
Byton to Officially Launch its Concept M-Byte SUV
The China-based EV startup Byton unveiled the final design for its first vehicle, the M-Byte, this week at the Frankfurt Motor Show.
9/11/20192 min read
Embattled Missfresh Conducts Business Restructuring Plan
Xu Zheng, the founder of Chinese fresh grocery e-commerce company Missfresh, which is caught up in a mounting capital crisis, has said that the firm is now intensively pushing forward a business restructuring plan.
9/6/20223 min read
CAICT: China's 5G Smartphone Shipments Rise 63.5% to 266 million units in 2021
The China Academy of Information and Communications Technology, a think-tank, published an article on Friday, saying that China's 5G smartphone shipments from January to December 2021 reached 266 million units.
WM Motor Founder Freeman Shen: No Fees for Autonomous Driving Yet
Freeman Shen, CEO of EV firm WM Motor, responded to the question of "whether to charge fees for autonomous driving" on social media, saying that his view was to refrain for the time being.
5/24/20222 min read
The Road Test Spy Photos of Xiaomi's First SUV Exposed
A large number of automotive bloggers released a set of spy photos of the road test for Xiaomi's first SUV.
PG Verse Receives Millions of Dollars in Pre-A Round Financing
PG Verse announced the completion of a Pre-A round financing worth several millions of dollars. This round of financing was funded by New Access Capital, BlueRun Ventures and Youshan Capital. The funds are aimed at bolstering the company's Metaverse ambitions and its underlying technology, including the integration of "R&D + Algorithm + Computing Power" such as spatial computing, AIGC and 3D cloud services, and accelerate the process of commercial applications.
3/20/20238 min read
Tencent's WeChat Mini Program Hits 450 Million Daily Active Users in China
On Thursday, the 2022 WeChat Open Class PRO officially opened in Guangzhou. Several of Tencent's business divisions shared their programs' updates.
1/6/20223 min read
WeChat Pay Score Launches Immediate Delivery Service
WeChat Pay Score officially launched an immediate delivery service on Wednesday to optimize users' experience and reduce the contact risk. Delivery fees can be deducted automatically after users send out their packages.
Hesai Technology Responds to Being Removed from the U.S. Department of Defense Blacklist
The Chinese lidar manufacturer Hesai Technology responded to the news of being removed from the U.S. Department of Defense blacklist: No confirmation has been received, and no comment will be made.
8/14/20244 min read