
China Securities Regulatory Commission Begins Luckin Coffee Investigation
The CSRC has sent an investigative team to inquire into fraud allegations against Luckin Coffee. Several auditors are currently inspecting Luckin’s financial situation.
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The CSRC has sent an investigative team to inquire into fraud allegations against Luckin Coffee. Several auditors are currently inspecting Luckin’s financial situation.
Tencent sent out an internal email on Thursday announcing that due to business needs, Cheng Wu and Lai Zhiming will no longer serve as Vice President and other executive positions.
Xpeng CEO He Xiaopeng stated in a February 10 post that by late 2025, Xpeng plans to launch a true L3 autonomous driving system.
Chinese automaker Geely Automobile announced on Tuesday that the company's total sales volume in June saw a year-on-year decrease of about 9% and a quarter-on-quarter increase of about 4%.
Chinese communications platform WeChat has recently tested a cross-border e-commerce mini program called “Shopping Around World Online,” with Tenpay as the main channel.
Xiaomi CEO shared through a Weibo post on June 2 that the largest Mi Home Experience store in the world is now open in the format of a soft launch in Nanjing wi...
Japanese automotive giant Honda Motor announced on December 8 that it will purchase about 123GWh in vehicle batteries from China's CATL from 2024 to 2030. These products will be produced centrally at CATL's Yichun Factory.
Alibaba Group was selected for the 10th annual Change the World list by Fortune magazine, ranking 8th and becoming the only Chinese company in the top ten.
Baidu has signed a strategic cooperation agreement with the Capital Airport. Both sides will cooperate in fields of intelligent operation, intelligent security ...
Liaoning Zhonglan Electronic Technology Co., Ltd. (ZET), a leading Chinese leading enterprise in the field of core components of mobile phones, received investments from Xiaomi.
For Chinese K12 online education companies, this June has been unnervingly quiet due to tightening regulation targeting the online education industry.
Lotmaxx, a consumer-grade 3D printer company, announced recently its completion of a pre-A round of financing worth tens of millions of yuan, led by GeniLink Capital.