BYD's Competitive Advantage Is Facing Challenges
Chinese new energy vehicle maker BYD, whose sales have increased significantly in the past year, is facing challenges.
4/6/20233 min read
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China VC Weekly: Medical Devices and Autoparts
Capsule-size endoscope tool maker Jifu Medical completes Series C round of financing.
10/5/20203 min read
JD.com Subsidiary JDT to Raise $1-2 Billion in 2022 Hong Kong IPO
A subsidiary of Chinese e-commerce giant JD.com called JDT intends to carry out an IPO in Hong Kong this year, raising $1-2 billion. JDT refused to comment on the report.
1/25/20222 min read
Li Auto Launches Battery Charging Map Service
New energy vehicle firm Li Auto announced on August 14 its launch of a battery charging map service in China.
8/15/20222 min read
China Approves the First Batch of Generative Artificial Intelligence Services for Public Rollout
Baidu, ByteDance, and 8 others deploy large-scale models via generative AI for public services.
Tencent-Backed DouYu Required by Chinese Authorities to Rectify Issues of Pornography and Vulgarity
On May 8, the Cyberspace Administration of China issued a statement stating that regarding serious ecological problems such as pornography and vulgarity on Chinese live streaming platform DouYu, it sent a work group to conduct a one-month centralized rectification supervision on DouYu.
5/8/20233 min read
Battery Firm Sunwoda EVB Bags $380M From Investors Including Li Auto and SAIC Motor
Chinese leading lithium-ion battery maker Sunwoda announced that its wholly owned subsidiary, Sunwoda EVB, received an investment worth 380 million from a total of 19 separate investors.
2/28/20223 min read
2018 Fortune Global 500 List Released: 120 Chinese Companies on the List
Fortune Magazine published on July 19 its annual global list of 500 corporations. This year, 120 Chinese companies made the cut, which makes China a close secon...
Meta, Huawei, Alibaba's DAMO Academy and Others Found Metaverse Standards Forum
Microsoft, Meta, and 34 other companies and organizations have formed a standards group - Metaverse Standards Forum - for metaverse tech.
6/22/20222 min read
China NFT Weekly: Official Guidance on NFT Industry Development
This week: US game developer Unity to spin off China unit to tap the country's metaverse market, Chinese bitcoin mining rig maker Canaan mulls US expansion despite crypto winter, and more.
8/8/20228 min read
Baidu Releases Quarterly Financial Report, Set to Buy JOYY’s Livestreaming Operations in China
On Nov. 17, Baidu released its financial results for the third quarter of 2020, ending on Sept. 30.
11/17/20203 min read
Apple’s CEO Tim Cook Becomes Chairman of Tsinghua Advisory Board
Tim Cook, CEO of Apple, has been named chairman of the advisory board for Tsinghua University’s School of Economics and Management.