Xiaomi Invests in Energy Storage Equipment Company Aits
Aits New Energy Co., Ltd., a Shanghai-based new energy technology company, added a new shareholder Hainan Jimu Venture Capital Co., Ltd., an affiliated company of Xiaomi.
6/7/20222 min read
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ByteDance to Launch Four New Products
Beijing-based tech giant ByteDance will launch a metaverse social app, a new search product, and a game community. In addition, ByteDance is now testing short-distance delivery robots.
1/27/20223 min read
Huawei Releases P60 Pro, Mate X3 Smartphones and WATCH 4 Smartwatch in Europe
On May 9, Huawei held a flagship product launch event in Munich, Germany, launching its flagship smartphones Huawei P60 Pro and Huawei Mate X3 on the European market. The firm also launched a flagship smartwatch Huawei WATCH 4 series.
5/10/20232 min read
Meituan Joins Hands with Bilibili to Launch Limited Edition “Bullet Chat” Bike Share Program
Chinese food delivery and services platform Meituan have begun collaborating with video and live streaming company Bilibili to launch limited edition “Bullet Chat Meituan Bikes” across various cities.
9/21/20202 min read
Douyu CEO Chen Shaojie Missing for Nearly Three Weeks
Chen Shaojie, the Chairman and CEO of Chinese game livestreaming company Douyu, has gone missing for nearly three weeks.
11/6/20232 min read
Google Cloud's Greater China President Kathy Lee May Step Down
Google Cloud's Greater China President Kathy Lee may step down, with Bin Shen from Microsoft rumored to take over.
11/11/20242 min read
Vivo X21 releases with under-display fingerprint sensor and AI engine
On March 19, vivo held a product launch event in Wuzhen to officially release the X21 smartphone featuring an all new under-display in-screen fingerprint identi...
Alibaba Denies Recent Layoff Rumors
On May 25th, Alibaba Group refuted recent rumors of large-scale layoffs. In an official announcement on social media, the company stated that it plans to hire 15,000 new employees in 2023 across its six business units, with over 3,000 of these positions designated for new graduates.
Hello Inc. Cancels U.S. IPO in Possible Ramification of Didi Penalty
Hello Inc., an app-based urban transportation provider, has scrapped plans for a U.S. initial public offering just three months after the firm submitted its prospectus to the US Securities and Exchange Commission (SEC), according to information disclosed Wednesday on the SEC website.
7/28/20212 min read
Source Code Capital Launches Yisu Division for Seed Investment
Source Code Capital officially released "Source Code Yisu" on Friday, operating the firm's seed-stage business independently within the investment system.
6/10/20223 min read
Alibaba Surpasses 3Q Estimates With 41% Climb in Revenue
On Jan. 31, Alibaba Group announced its financial results for the quarter ended on December 31, 2018. For the past quarter, Alibaba has achieved a revenue of $17,057 million, with a 41 percent year-on-year growth.
iPhone Foundry Foxconn Lowers Q4 Performance Forecast Due to Epidemic
Foxconn, Apple's largest iPhone foundry, said on November 7 that it is working hard to resume full production at its Zhengzhou factory as soon as possible, and lowered its fourth-quarter performance forecast.