Tesla Clashes with Pinduoduo Over Group Buying of Model 3 Cars
Tesla and Pinduoduo are clashing over group buying promotions for heavily discounted Model 3 vehicles.
8/20/20207 min read
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Chen Rui, Chairman and CEO of Bilibili, Delivers 12th Anniversary Speech
On June 26, at the 12th anniversary of Bilibili, Chen Rui, Chairman and CEO, shared the changes in the company over the last year, holding that Bilibili has increasingly become a friendly community for youth to acquire knowledge and skills.
6/28/20214 min read
ByteDance Refutes Offering $1.4M Annual Salary to Poach OpenAI Talent
It was reported that ByteDance, TikTok's parent company, offered an annual salary of $1.4 million to poach talent of the ChatGPT R&D team from OpenAI.
4/24/20232 min read
Geely’s Lotus Seeks to Raise $1 Billion for Push into China’s Electric Vehicle Market
Zhejiang Geely Holding Group is planning to raise $1 billion to help Lotus Cars enter China’s vast and growing EV market.
4/15/20212 min read
The XPeng X9 Welcomes Its 20,000th Delivery
On November 25th, XPeng Motors announced that the XPeng X9 officially welcomed its 20,000th delivery, setting a record for the fastest delivery of a high-end battery electric large 7-seater 'unprecedented'.
Xiaomi Releases F2 Fire TV in Europe, Starting at €339
Xiaomi launched its F2 Fire TV on Tuesday, which will be only available in Europe, and will retail for €399 and up.
5/31/20222 min read
Alibaba’s Cainiao Offers Nonstop Logistics Services amid Chinese New Year Festival
Alibaba’s Cainiao Smart Logistics Network announced that the platform would offer nonstop logistics service to 200 major cities in China over Chinese New Year.
1/20/20212 min read
Tesla Model S Suspected of Spontaneous Combustion in Underground Garage in Guangzhou
At about 2 p.m. on August 22, a Tesla Model S was suspected to have spontaneously combusted in the underground garage of a residential area in Guangzhou. The accident also affected other cars parked near the Tesla vehicle.
China’s Gaming Industry to Suspend For One Day to Mourn Lives Lost in COVID-19 Pandemic
China’s State Council declared that the country would recognize Saturday, April 4, as a day of mourning for those who sacrificed and died in the COVID-19 pandemic.
4/5/20202 min read
Lei Jun: Kingsoft's Success is Attributed to the Mobile Internet Era
“Under the crush of Microsoft and piracies, Kingsoft software was indeed leading a very hard life. What put us through those times is that we still firmly believe that a good national software company has big opportunities."
Chinese Social Metaverse Products Struggle With Poor User Experience
Metaverse-based social products are rapidly emerging as the new trendy focus for the Chinese tech world. According to Qimai Data, about 228 apps in China have added "metaverse" to their descriptions so far.
9/23/20223 min read
Chinese Co-working Giant Ucommune Raises $200 Million for Further Global Expansion
China's coworking space provider Ucommune announced on Nov. 14 that it will close a $200 million Series D round of funding three months after its previous one, ...
11/14/20182 min read