Fan Bingbing Fined Over $100 Million for Back Taxes
Fan Bingbing, China's most famous actress, and the companies she represents have been fined for 884 million RMB in back taxes and fines (about $130 million), pe...
10/4/20182 min read
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Chinese Industrial AI Firm GT AI Completes Round-C Financing Led by GS Capital
Chinese Industrial AI Firm GT AI has obtained several hundred million yuan in C-round financing. The lead investor was GS Capital, while existing shareholders Qualcomm Ventures and Broad Vision Funds also contributed.
4/18/20222 min read
PubLink Funded by Sequoia China and Tiger Global
The provider of digital transformation solutions, PubLink, announced on Wednesday that it had secured funding through A1 and A2 rounds of financing, with a total amount of 100 million yuan ($15.7 million).
3/23/20222 min read
Xiaomi Aims to Deliver 120,000 Cars as Its Annual Target
Xiaomi announced an ambitious plan to deliver 120,000 units of the Xiaomi SU7 in 2024, as the demand for this model continues to surge.
5/24/20242 min read
Great Wall Motor's Ora EV Mired in User Complaints Regarding Downgraded Chips
Since November this year, some car owners have reported that the computer chips loaded in Great Wall Motor's electric vehicle (EV) brand Ora are not consistent with official advertisements.
SF Express Unveils Unmanned Delivery Vehicles Equipped with Intelligent Containers and L4 Autonomous Driving Capability
Chinese logistics giant SF Express unveiled its unmanned delivery vehicle in Suzhou, Jiangsu Province. The vehicle is equipped with intelligent containers and interactive terminals.
9/23/20211 min read
Honor's New Subsidiary "Xingyao" Starts Recruitment
Chinese smartphone company Honor has launched a new subsidiary named Xingyao, which recently started talent recruitment.
Tesla's First China-Built Model Y Will Be Delivered to Europe in August
The first of Tesla's Model Y's made in China will be handed over to European customers in August, the German news agency SPA reported, citing an official Tesla communication. The vehicles will be exported from the Tesla factory in Shanghai.
7/13/20212 min read
Tesla Invests $6.4m in New Plant in China to Build Electric Car Chargers: Report
Tesla Inc will start producing electric vehicle (EV) chargers in China next year, according to a Reuters report.
11/27/20202 min read
NetEase Is in Talks with Blizzard, Return of Chinese Server May Be Officially Announced on April 10th
There are reports that NetEase and Blizzard are in talks about the return of the Chinese server, which may be officially announced on April 10th.
PPLive Announces Suspension of Serie A Rights Deal as China’s Major Sports Media Platforms Undergo Business Overhaul
Chinese digital broadcaster PPLive announced late Friday that the broadcasting of Serie A football and FA Cup has been suspended due to disagreements between PPLive and IMG.
Tens of Millions of Commuters in China Suffer Hour-Long Commutes, Report Says
The China Academy of Urban Planning and Design recently looked at 36 Chinese metropolises, and found more than 10 million people suffering from a one-way commute time of more than 60 minutes, accounting for 13% of all commuters.