iQiyi Lays off Employees to Reduce Costs
Chinese video platform iQiyi had begun laying off employees today which, according to some who had been laid off, is the largest round of layoffs in the company's history to date.
12/1/20212 min read
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JiDU to Unveil Robot Concept Car on June 8
JiDU, a company jointly developed by Baidu and Geely, announced on Monday that it will hold an launch event on June 8 at which time it will unveil its robot concept car.
5/16/20222 min read
Spy Photos Exposed of NIO EC7 and Shooting Brake Version of ET5
The founder of Chinese electric vehicle maker NIO has said that the company will launch new products during "NIO Day" on December 24. On December 19, spy photos of the firm's EC7 model and ET5 shooting brake version were exposed.
12/20/20223 min read
Electric Vehicle Prices Continue to Drop in China as Europe Sees 28% Rise
Reporting from vehicle data analysis company Jato Dynamics indicates that the price of electric vehicles (EV) has dropped sharply in China but increased across Western countries over the past decade.
8/20/20212 min read
Canalys: China's Cloud Infrastructure Services Market Reaches $27.4B in 2021
Canalys published its annual cloud services market share report for China on Monday. Overall, 2021 was a strong year in the mainland of China, with the cloud infrastructure services market growing 45% to a total of $27.4 billion.
3/21/20223 min read
Xiaomi’s Mi TV Shipment Ranks First in China Third Year in a Row
This year marks the tenth anniversary of Xiaomi’s Mi TV's birth. The Chinese consumer electronics giant announced on Monday that its Mi TV lineup has ranked first in China in terms of shipping for the third year in a row.
5/30/20222 min read
ByteDance's Douyin Group Adjusts Organizational Structure
ByteDance-owned Douyin Group has adjusted its organizational structure, naming Han Shangyou, the current vice president of Douyin, as the platform's new head, managing several business lines.
12/19/20223 min read
Wuhan Senmu Leishi Technology Secures Tens of Millions of Yuan in Financing
Wuhan Senmu Leishi Technology, a digital power R&D company, announced on Friday that it has completed a new round of financing worth tens of millions of yuan, led by Source Code Yisu, the seed business unit of Source Code Capital.
6/24/20222 min read
China Private Space Startup LinkSpace Launches a Reusable Rocket
Chinese private space startup LinkSpace completed its third test of a reusable rocket in Qinghai province on Aug. 10, pushing China one step further in the reusable rocket industry as well as affordable space launches.
8/10/20192 min read
China's Blockchain Ecosystem is Taking Shape According to MIIT
The blockchain ecosystem in China is taking shape, with great increases in the number of enterprises and diversified applications according to China's Ministry ...
8/9/20182 min read
Hong Kong Bourse Publicly Censures Six Former Executives of Smartphone Maker Coolpad Group
The Hong Kong Stock Exchange on Tuesday publicly censured Chinese business tycoon Jia Yueting, two former CEOs named Jiang Chao and Liu Jiangfeng, as well as three ex-directors of domestic smartphone maker Coolpad Group.
8/25/20213 min read
Mobile Earthquake Early Warning Trend: Manual Activation in Most Brands
Mobile Earthquake Early Warning" trends: Most brands have built-in related functions, but they need to be manually activated.
8/7/20234 min read