Temu Launches Local-to-Local Model in South Korea
Temu has announced the launch of the "L2L (local to local)" model in the South Korean market, initiating recruitment activities targeting local South Korean sellers.
2/19/20252 min read
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China Blocks the Search of Several Crypto-Related Keywords, Intensifying Crackdown
China’s twitter-like social media platform Weibo and search engine Baidu have blocked a series of crypto-related keywords, as the government continues putting pressure on the cryptocurrency market.
JOYY Reports 16.8% YoY Revenue Increase in Q4, Driven by Livestreaming
JOYY Inc., a global video-based social media company, on Tuesday announced its unaudited financial results for the fourth quarter and full year of 2021.
3/16/20223 min read
Roborock Releases Two Automatic Cleaning Robots
On March 21st, Roborock released its annual flagship automatic cleaning robot G20 and a brand-new model, the P10.
3/21/20235 min read
NetEase Cloud Music and Rock Records Initiate Strategic Cooperation
On March 30, 2023, NetEase Cloud Music announced the renewal agreement with Rock Records and both parties initiated deep strategic cooperation. NetEase Cloud Music will continue to provide users with all music works under Rock Records.
3/30/20234 min read
Danke Apartment CEO Receives Consumption Restriction from Regulators Amid Company Bankruptcy Crisis
Rental platform Danke Apartment’s CEO Jing Gao received a high consumption restriction from the People’s Court of Minhang District on Dec. 8.
58.com Acquires Uxin’s B2B Automotive Sales Platform
58.com, China's largest online classifieds marketplace, completed the acquisition of Uxin's B2B used-car platform for a total transaction value of $105 million.
Six Chinese Battery Firms in Top Ten Installed Capacity H1 Rankings
South Korean firm SNE Research released its global rankings on August 2 of power battery companies by installed capacity during the first half of 2022, showing CATL, LG Energy Solution and BYD in the top three spots.
8/3/20222 min read
Autonomous Driving Startup TuSimple Agrees to U.S. Regulations
Autonomous driving startup TuSimple has reached an agreement with U.S. authorities to resolve security concerns around its self-driving truck operations and the company’s ties with China.
2/25/20222 min read
ByteDance's AI Assistant Doubao Introduces Image Recognition Feature
ByteDance's AI assistant Doubao has now launched image recognition feature, which can identify the content of uploaded images.
12/4/20242 min read
The Formula E — Race of the Electric Giants
It was hard not to be piqued by the presence on an NIO car on the track, the only Chinese representative at the Formula E
4/20/20196 min read
Inflatable COVID-19 Testing Labs Put into Use in Guangzhou Following Surge in New Cases
To increase Guangzhou's capacity to administer nucleic acid tests, which are used to screen those suspected of being infected with COVID-19, four groups of inflatable COVID-19 testing labs are being put into use in the vast metropolis in the Chinese province of Guangdong.
6/3/20213 min read