Bluepha Secures Round-B Financing of 1.5 Billion Yuan
Chinese synthetic biology firm Bluepha announced today that it has completed a B3 round of financing, bringing total round-B funds to 1.5 billion yuan ($235 million).
1/10/20223 min read
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Bilibili Secures Exclusive Rights to Broadcast LoL International Competitions in China
Bilibili announced it is teaming up with League of Legends (LoL) to become the exclusive broadcaster for three major esports tournaments in China for three years.
8/3/20203 min read
Chinese RPA Startups Off to a Good Start in 2020 Over Threats from Coronavirus, Foreign Competitors
Chinese RPA (Robot Process Automation) startups were off to a good start in 2020 amid coronavirus fears.
3/25/20205 min read
Founder of SMIC Zhang Rujing Joins Hands with Wanye Enterprises to Establish Jiaxin Semiconductor
Dr. Zhang Rujing, founder of Semiconductor Manufacturing International Corporation (SMIC), is about to enter the field of domestic equipment with Wanye Enterprises.
12/27/20213 min read
Subsidiary of Chinese EV Battery Firm Gotion High-Tech Reaches Supply Deal With Major U.S. Automaker
Gotion High-Tech issued an announcement, revealing that Gotion, Inc., an overseas wholly-owned subsidiary of the company, has become the supplier of a major listed automobile company in the United States.
12/20/20213 min read
QCraft's Prototype Autonomous Car to Start Road Tests in Q3 With Journey 5 Chips
Self-driving vehicle technology firm QCraft has announced on August 25 that its prototype car based on Horizon Robotics' Journey 5 chips is expected to carry out road tests in the third quarter of this year.
8/26/20223 min read
XPeng CEO He Xiaopeng Shares Vision for Humanoid Robots
On February 21, XPeng CEO He Xiaopeng discussed the future of humanoid robots, stating that current models remain at L2 autonomy, comparable to early-stage assisted driving.
2/21/20253 min read
Tencent Yuanbao Surpasses Doubao to Become the Second on the Apple App Store Free List
Tencent Yuanbao has surpassed Doubao and risen to second place in the China region's Apple free app download rankings, with DeepSeek occupying the top spot.
Possible Allocation of 10 Billion RMB in User Deposit by Bike-Sharing Platform ofo
On the morning of June 11, Caixin.com revealed that, ofo, the Beijing-based bike-sharing platform, has a 1.5 billion yuan ($234.2 million) deficit with only 3.5...
VastaiTech Completes $251 Million in B1 and B2 Rounds of Financing
VastaiTech, a high-end chip design unicorn, announced on Monday that its B1 and B2 rounds of financing have been completed, totaling 1.6 billion yuan ($251 million).
12/20/20212 min read
JD.com to Research Potential Move Into Food Delivery Sector
Xin Lijun, the CEO of JD Retail, said in an interview that JD.com was studying the possibility of entering the field of food delivery.
6/17/20222 min read
Baidu Launches Apollo Robotaxi Ride-Hailing Pilot Program in Guangzhou
Baidu officially unveiled its robotaxi ride-hailing pilot program to the public in Guangzhou, becoming the largest autonomous driving vehicle-for-hire platform in the city.
7/19/20212 min read