NIO’s Sales Increase Could Jeopardize Company
On March 18, Chinese EV-maker NIO released its latest financial report showing that the company’s fourth-quarter revenue fell year-on-year, while losses mounted.
3/19/20202 min read
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Alibaba Is Developing An AI E-Commerce Product Called 'Huiwa'
Alibaba has established an AI e-commerce team and is currently developing an AI e-commerce product called 'Huiwa' for merchants and influencers.
Top Esports Signs FAW-Audi and An Mu Xi as Sponsors for League of Legends World Championship
China-Germany automotive brand FAW-Audi and Chinese dairy brand An Mu Xi have become the latest sponsors of Chinese esports organization Top Esport (TES) League of Legends team.
9/22/20202 min read
NIU Submit IPO Prospectus to SEC, Planning to Raise Up to $150 Million
NIU Technologies Group, a Chinese electric scooter startup, has submitted its prospectus to the U.S. Securities and Exchange Commission (SEC) for an IPO on NASD...
9/25/20182 min read
First Look at Geely's New Medium-Sized MPV LEVC TX5
Geely's new SUV LEVC TX5 has been revealed. Compared with the previously released commercial version of the TXN, which focused on commercial operations, this new SUV will focus on the 7-seat medium-sized MPV market for home use.
8/16/20223 min read
Qutoutiao's Q3 Revenue Reaches $151.47 Million, DAU of Midu Hits10 Million
Chinese mobile content platform operator Qutoutiao announced its third quarter performance report ending September 30, 2021.
12/22/20212 min read
New D2C Home Tech Brand Banrixian Wins Pre-A Round Financing
Banrixian, a home technology brand, recently received tens of millions of Pre-A round financing, which was led by Source Code Capital and followed by K2VC, with Foresight Capital acting as the exclusive financial consultant.
3/1/20223 min read
Geely Denies New Galaxy Model Plagiarized Changan Auto's Design
On February 28, Geely rejected Changan Auto’s claim of intellectual property rights infringement following last week’s release of its new Galaxy model.
3/1/20233 min read
Microsoft CEO Speaks at Xiaomi, Recieves Gift of Phone
Microsoft CEO Satya Nadella visited Xiaomi Corp. to speak on the morning of October 31. After Nadella's talk, Lei gave him a Mi MIX 2 handset as a gift and acco...
Nubia Launches Red Magic 3 — A Budget-Friendly Gaming Powerhouse
Nubia launched their latest gaming phone, the Red Magic 3, in Beijing on Apr. 28. This is an affordable handset for frugal gamers who don't want to compromise on either price or quality specs.
4/28/20193 min read
BYD and Levo Partner for 5,000 Battery Electric Vehicles in Five Years
BYD has announced a cooperation plan with Levo Mobility, which will integrate Nuvve Holding's leading vehicle-to-grid technology with BYD's battery electric vehicles.
10/8/20212 min read
Baidu Wins China's First Permits for Autonomous Ride-Hailing Services on Public Roads
Chinese tech giant Baidu on Thursday received the first-ever permits in China authorizing the company to provide driverless ride-hailing services to the public on open roads in Beijing.
4/28/20222 min read