Kuaishou Q1 Revenue Rose 24% to 21.1 Billion Yuan
Kuaishou Technology, China's leading content community and social platform, released its financial report for the first quarter of this year.
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Chang'e 4 Makes Historical Landing on Far Side of Moon
China has inaugurated a new chapter in mankind’s lunar exploration history this morning.
1/3/20193 min read
Lightspeed China Partners Completes Fundraising of $920 Million
Lightspeed China Partners announced on its official website that it had completed fundraising totaling $920 million, with a total fund size under management reaching $3 billion.
11/30/20212 min read
Tesla's Flagship Store on JD.com Attracted 530K Followers in Three Days
After Tmall, a Chinese e-commerce giant, welcomed Tesla, rival e-commerce platform JD.com also launched an official flagship store for the EV giant and attracted over 530K followers in only three days.
Geely and Volvo-Backed Polestar O2 Concept EV Released
Polestar, an electric vehicle (EV) brand jointly backed by Geely and Volvo, launched a new concept convertible sports car called the Polestar O2.
Xiaomi Announces New Round of Organizational Restructuring
Xiaomi announced a new round of organizational restructuring, involving the group's executives, smartphone department, China region and Internet business department.
11/26/20212 min read
Best Inc. to Sell Courier Division to Help Reduce Debt
Best Inc. plans to raise funds and reduce debts by selling a courier subsidiary. The company is negotiating with a financial adviser on a possible divestment and may seek to value the business at up to $1 billion.
9/24/20213 min read
Apple CEO Tim Cook Highlights Partnership in Sustainability Goals at China Forum
To date, Apple and its global suppliers support more than 15 gigawatts of renewable energy capacity, with a significant portion of these projects based in China.
Dota 2 May Become Major Driver of E-Sports in China
At the conclusion of last year’s international Dota tournament, Ti8, the venue location for Ti9 was announced. It was to be held: Shanghai, China.
Luckin Coffee Eyes for the US Market, Accelerating Its International Expansion
Luckin Coffee is reportedly planning to enter the US market as early as next year, preparing to beat competitors like Starbucks with its low-priced drinks.
10/29/20242 min read
Universal Beijing Resort Announces Ticket Prices, Lowest Price is 418 Yuan
Universal Beijing Resort (UBR) started its 20-day trial operation on Wednesday, and announced the ticket prices for the theme park. Tickets will officially go on sale from September 14.
9/2/20212 min read
Automated Driving Startup HoloMatic Secures C2 Round of Financing
HoloMatic, an autonomous driving technology company in China, announced on November 11 that it had completed a C2 round of financing, led by GAC Capital and followed by Zhidu Investment and Chaos Investment.
11/11/20224 min read