Alibaba Vows to Import $200 Billion International Goods to China
Today at the CIIE, Alibaba Group promised to help import $200 billion worth of goods from more than 120 countries over the next five years, underscoring the com...
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ByteDance Denies Layoffs in Game Distribution Line
Recently, it was reported that ByteDance's game team will reduce 80% of its staff in the distribution business line. However, a relevant employee in charge of ByteDance's Nuverse declared such reports untrue in a statement.
Experts at UN's FAO and Pinduoduo Webinar: Smart Agriculture to Drive Sustainability
Smart agriculture will play an increasingly important role in promoting the industry's sustainability, according to statements by leading experts during a webinar organized by the UN's FAO and Chinese firm Pinduoduo.
3/2/20222 min read
A Tesla Owner Ordered by Court to Apologize for Infringing Tesla's Reputation
Today, a Tesla car owner involved in a car accident was judged by the court to have infringed the reputation of Tesla, and was demanded to issue an apology.
11/22/20232 min read
Robotic Process Automation Startup ShadowBot Secures $100M in Round-C Financing
ShadowBot, a robotic process automation (RPA) enterprise, announced Tuesday that it has completed a round C of financing totaling $100 million, led by Goldman Sachs and an unknown CVC institution.
4/26/20222 min read
Alibaba Sets $100 Billion GMV Target for Southeast Asian E-commerce Division to Expand Overseas
Chinese e-commerce giant Alibaba has set a target for gross merchandise volume (GMV) of $100 billion for its Southeast Asian marketplace Lazada.
12/17/20212 min read
Hong Kong Monetary Authority Plans to Bring Stablecoins into Scope of Supervision
On January 31, the Hong Kong Monetary Authority (HKMA) stated that it would give priority to the supervision of stablecoins. The major global financial centre is striving to become a virtual asset center.
2/1/20233 min read
Neil Shen Topped the 100 Venture Capitalists List 2019
Among the world's best venture capital partners in 2019, Neil Shen, founding and managing partner of Sequoia Capital China, ascended the throne.
4/1/20192 min read
China’s Evergrande Unveils Six New Energy Vehicles, Ushers in Leap-forward Development in NEVs
Chinese real estate giant Evergrande Health Industry Group Limited (Evergrande Health) announced on August 3 the prototypes of six new energy vehicle (NEV) models under its Hengchi brand in Shanghai and Guangzhou at the same time, marking a substantial development of the company in the NEV field.
8/4/20203 min read
The Mi Mix 2S: The best Xiaomi smartphone for now
Xiaomi released the Mi Mix 2 half a year ago, and is just launching its new flagship model, the Mi Mix 2S. This iteration time is a bit too short for a flagship...
Tencent's Pony Ma Says AI is a Once-in-a-century Opportunity
"I feel that many companies are too hasty and seem to be boosting their stock prices. We have never been this kind of style."
BYD VP Stella Li: Tesla Plays a Vital Role in Electric Vehicle Advancement
BYD Vice President Stella Li recently stated in an interview that Tesla is a "collaborator" in the field of electrification in transportation, emphasizing Tesla's significant role in educating and familiarizing the public with electric vehicles.