Over Half of Huawei’s 5G Contracts are From Europe
Telefonica announced that they will use Huawei’s technologies to build a 5G network, Huawei marched a step further into the European market.
12/13/20192 min read
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APENFT: Challenge the Competitive Map of NFT Marketplaces
Chinese blockchain entrepreneur Justin Sun has announced that he successfully auctioned off a complete set of NFT works featuring the heads of the twelve animals for a price of almost $1.50 million from MetapolyXM.
5/7/20226 min read
Beijing Metro Offers Swipe to Ride: Is NFC Going Mainstream ?
Beijing Metro announced a partnership with the Beijing Municipal Administration Traffic Card to launch mobile swipe-to-ride service on June 26. The first phase ...
Xiaomi Auto Denies Rumors of Shutdown Due to High Temperatures
Xiaomi denies that the car factory has stopped production due to high temperatures, and is about to carry out a new round of production line optimization and maintenance.
7/3/20243 min read
Jumei Youpin Goes Private, To Be Delisted From NYSE by Q2 2020
Chinese online retailer Jumei announced on Feb. 25 that it has accepted a merger deal with Super ROI Global Holding Limited (Parent) and Jumei Investment Holding Limited (Purchaser).
2/26/20202 min read
China's BaaS Market Size Reached $188M in 2021
According to a report released by IDC on July 5, China's blockchain-as-a-service (BaaS) market reached $188 million in 2021, improving further from a strong 2020, with a growth rate of 92.6%.
7/6/20222 min read
WeRide Releases New-Generation Automated Driving Sensor Kit WeRide SS 5.0
WeRide, an automated driving technology company, officially released its new-generation automated driving sensor kit WeRide Sensor Suite 5.0 on Tuesday.
6/7/20222 min read
Chinese Basketball Association Sues Bilibili for Copyright Infringement
According to a ruling issued by the Beijing Higher People's Court on July 23, Chinese Basketball Association (Beijing) Sports Co., Ltd. has sued two operators of Bilibili, claiming 406 million yuan ($60.05 million) in damages.
Chinese Delivery Firms to Operate With Higher Prices During Spring Festival
China's Spring Festival holiday is approaching, and domestic express delivery companies such as SF Express, STO Express, Yunda Express, YTO Express and Cainiao have announced that they will continue to provide services from January 20 to January 25.
1/17/20233 min read
Matrix Partners Leads Pre-A+ Financing of AI Chip Firm Houmo.ai
AI chip developer Houmo.ai announced Tuesday that it has secured several hundred million yuan in a pre-A+ round of financing. The leading investors were Matrix Partners and GP Yueda Automobile Fund.
4/19/20222 min read
The patent disputes won't trouble Mobike too much
On September 14, 2017, Shanghai Intellectual Property Court issued the first instance judgement on Hu Tao’s prosecution on Mobike (Beijing) Information Technolo...
Photoresist Firm Fuyang Sineva Bags 500M Yuan in Round-C Financing
Fuyang Sineva, a leading photoresist enterprise based in China, secured 500 million yuan ($74.2 million) in round-C financing on August 10.
8/11/20222 min read