Li Auto Slashes Prices Across Entire EV Lineup
Behind Li Auto's price reductions lies an intensifying competition in Chinese EV market, which began since the beginning of 2024, following BYD's price reduction.
4/22/20244 min read
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OnePlus Considering Spinning Off Nord Series as An Independent brand
Chinese smartphone maker OnePlus launched the Nord series overseas two years ago. However, news emerged on July 5 that the company might be looking to spin off the Nord series as its own independent brand or perhaps a sub-brand.
JAKA Robotics Secures 1B Yuan in Round-D Financing
Collaborative robot manufacturer JAKA Robotics announced on July 20 that it has obtained about 1 billion yuan ($148.2 million) in round-D financing.
Signal Chain Chip Developer SENSilicon Secures $17M Round A Financing
SENSilicon, a company that develops high-performance digital-analog hybrid and signal chain chips, announced on April 3 the completion of a round A financing worth 120 million yuan ($17 million).
4/4/20232 min read
How did Durex Fail its Cooperative Promotional Campaign with HeyTea the Tea Brand?
Well, it is tough. China is a country that is not that open to sex. We tend to avoid using direct terms to refer to sexual activities in public, especially when it comes to advertisements.
4/23/20194 min read
China’s EV Maker BYD Wins Chilean Lithium Extraction Contract
Chile awarded two lithium extraction contracts worth a total of $121 million to Chinese EV maker BYD and Chile’s Servicios y Operaciones Mineras del Norte, the minerals ministry said on Wednesday.
1/13/20222 min read
China NFT Weekly: NFTs as Status Symbols
This week: Chinese label Modern Sky debuts first virtual musician, The Sandbox to launch metaverse incubator program, Chinese government rejects metaverse trademark applications, and more.
1/28/20228 min read
China NFT Weekly: Virtual Meetings Reimagined
This week: China's Communist Youth League launches NFTs, crypto mining rig maker Canaan added to SEC list of scrutinized Chinese companies, Regal Hotels to launch virtual conference center in the metaverse, and more.
5/9/20229 min read
Cheetah Mobile Released Q3 Financial Report, Achieving Revenue of $196 Million
On Nov. 21, Cheetah Mobile, the Chinese mobile internet company, announced its financial results for the third quarter which ended on September 30, 2018. Dur...
11/22/20183 min read
ByteDance Launches New Music App for Lower Markets
ByteDance is accelerating its layout in the music field. Just after launching the app "Soda Music" in the first half of the year, it recently quietly launched another app called "Tomato Music," which is designed more for small-town and rural markets.
11/15/20223 min read
Bluehole to Sue Games that Mimick Playerunknown's Battlegrounds
Chinese game developers who attempt to shave production costs and guarantee popularity by copying top games may face trouble, TechWeb reported on November 27. S...
11/28/20172 min read
Alibaba Denies the Rumor of 'Laying Off 25,000 Employees'
On November 19th, Alibaba clarified that 'the rumors of layoffs are false.' And Alibaba has reported to the police regarding these rumors.