DJI Releases Its Lightest and Smallest Drone DJI Neo
DJI releases its lightest and smallest drone, DJI Neo, weighing only 135 grams, starting at 1299 yuan.
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CEO Jiang Fan Outlines Future Strategies as Alibaba International Exhibits Steady Growth Driven by AliExpress in December Quarter, 2023
On Feburary 7, Alibaba released its financial results for the quarter concluding on December 31, 2023. Alibaba's International Digital Commerce Group (AIDC) largely surpassed expectations, delivering an impressive performance with a 44% year-on-year increase in revenue, and an overall orders growing by 24% year-on-year.
2/13/20245 min read
US Senate Surges Ahead with Bill to Shore Up Domestic Technology Amid Competition with China
Members of the US Senate on Monday overwhelmingly backed a motion to proceed with debate over the Endless Frontier Act (EFA), a draft legislation that would designate over $100 billion in federal funds for domestic technology.
5/19/20213 min read
Baojun RC-6 Debuts with Huawei HiCar Technology
Baojun released on Sunday their RC-6 vehicle, fully equipped with Huawei’s latest in-car technology including AI voice control, intelligent driving, networking and image recognition.
12/30/20192 min read
Sequoia China’s Neil Shen Reduces Meituan Shares Three Times in Five Days
Neil Shen, the Founding and Managing Partner of Sequoia China, has recently sold more Meituan shares, after previously reducing his holdings by 21.07 million shares and cashing out HK$3.9 billion ($496.86 million) in early July.
7/28/20222 min read
Tencent Launches Cross-Border Payment Platform for E-Commerce Business
Chinese leading tech player Tencent recently launched a cross-border payment platform named "Tenpay Global Business", which provides a one-stop solution for services such as global collection, payment and exchange for cross-border e-commerce sellers and platforms.
2/16/20233 min read
Tesla China Sold Over 40,000 Domestically Produced Vehicles in August, May Launch EV Worth $25,000 in 2023
According to data released by the China Passenger Car Association on Wednesday, Tesla's sales reached 44,264 domestically produced units in August, up 275% year-on-year.
9/9/20212 min read
BYD Surpasses CATL in Loading Capacity of Lithium Iron Phosphate Batteries
The China Automotive Battery Innovation Alliance released power battery data for July on August 11. During the month, China produced a total of 47.2 GWh of power batteries, up 172.2% year-on-year and 14.4% quarter-on-quarter.
Tsinghua Master's Graduate Bemoans ByteDance's "Maliciously Low" Monthly Salary of $2,947
A Chinese web user verified to be a fresh master's graduate from the elite Tsinghua University complained online recently that the monthly salary for a back-end development engineer at ByteDance was as low as 20,000 yuan ($2,947) per month.
1/20/20233 min read
Xiaomi Mi Band 3 Will Release in May with New Touchscreen Functions and NFC Support
Recently, Xiaomi's official Twitter account posted a teaser image with the question “Can you guess what it is?” The teaser debuts the brand new Mi Band 3. SEE ...
Huawei Hubble Invests in Integrated Circuit Firm Accusilicon
Guangzhou-based integrated circuit manufacturer Accusilicon has added Shenzhen Hubble Technology Investment Partnership (Limited Partnership), an affiliated company of Huawei, as a shareholder of the company.
8/5/20222 min read
Electronic Components Firm BOE Tops Global Market Share in Five Major Fields
Electronic components producer BOE on Thursday released a speech by chairman Chen Yanshun regarding the company's 2021 annual report. Chen said that BOE's annual revenue in 2021 reached $34.5 billion, up 61.79% year-on-year.
4/7/20222 min read