China’s STEPVR Opens Gate to the Metaverse
Founded in 2013, STEPVR took the lead in producing VR devices, and aims to popularize VR equipment much like PCs have become in people’s homes.
6/9/20226 min read
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Apple To Launch New Affordable iPhone As Sales Plunge In China
Apple only shipped 490,000 iPhones in the past month, down 62% year on year and 78% from a month earlier.
JD.com Completes Acquisition of Chinese Electronics Retailer 5STAR to Improve Omnichannel Capabilities
Chinese second-largest e-commerce platform JD.com (JD) Monday announced the acquisition of the remaining 54% stake in compatriot home appliance store 5STAR.
7/28/20203 min read
240W Fast Charge? The Latest Innovations From OPPO at MWC 2022
OPPO officially launched the Find X5 Pro, along with other technological advancements such as 240W and 150W SuperVOOC fast charging solutions, and a new-genera...
3/3/20221 min read
NETA Invests $40 million in Hong Kong Science Park for HQ and R&D
NETA to invest $40 million in Hong Kong Science Park (HKSP) for new HQ and R&D.
9/1/20232 min read
9 Chinese provinces issue blockchain guidance
Although there is controversy over encrypted digital currency, research and development of blockchain technology is fiercely competitive. Blockchain has become ...
Alibaba's Logistics Arm Cainiao Launches Parcel Forwarding Services in the US
Cainiao, Alibaba's logistics service, announced today its formal entry into the United States parcel forwarding market, providing e-commerce parcel consolidation services for Chinese communities and student groups across the US.
NIO Temporarily Suspends Production for Five Working Days Due to Semiconductor Shortage
Chinese electric vehicle (EV) manufacturer NIO announced last Friday that it would halt production at its JAC-NIO manufacturing plant in Hefei, the capital of the Anhui Province, beginning from today.
3/29/20213 min read
Tesla: Payment Cycle to Supply Chain Companies Shortened to 90 Days in 2024
Tesla's VP, Grace Tao, confirmed that in 2024 Tesla has further shortened payment cycles for supply chain companies to around 90 days.
Suning’s PP Sports Sees Viewership Boom During Coronavirus Outbreak
Suning-owned PP Sports has experienced a meteoric rise in traffic over the coronavirus period, during which the content on the platform is free of charge.
2/6/20202 min read
NETA Auto Adds Two New Models to V Series
Chinese EV maker NETA Auto has added two new vehicle models to its V series, namely the Chao 300 Industry Customized Edition and the Chao 400 Industry Customized Edition.
8/18/20223 min read
Chinese Ice Hockey Teams Getting Ready for the 2022 Winter Olympics
Back in May 17 last year, in Copenhagen, Denmark, the International Ice Hockey Federation (IIHF) granted the Chinese women and men's hockey teams automatic qualification in the 2022 Winter Olympics.
1/10/20193 min read