Suqu Net’s Microchip Embedded Linen Combats Questionable Hotel Hygiene
Chinese tech start-up Suqu Net heeded to the age old desire for pristine hotel linens by designing chips that can track hotel inventory.
12/19/20192 min read
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Chinese Nationals Abroad On The Horns Of The Dilemma As COVID-19 Spreads
“Overseas Chinese tried hard to be part of the solution in the COVID-19 pandemic, but are constantly considered as the cause of the problem.”
DJI's Automobile Device Team Increases to Nearly 1,000
Xie Tiandi, the head of DJI's automobile device business, had said that his team was working on many businesses and is giving full play to its strengths and choosing partners who share the same interests with DJI.
12/27/20212 min read
MIIT Launches the Pilot Plan on the Application of New Energy Vehicle Power Swap Mode
The Ministry of Industry and Information Technology (MIIT) issued a notice today in regard to a pilot plan for methods of new energy vehicle power swapping.
10/28/20212 min read
British PM Mentions Alibaba 3X in 10-Minute Speech: Unlimited Cooperation
"We have just reached a consensus with Alibaba to develop Wuxi Town. And there is unlimited potential for cooperation between the two sides," May said in her sp...
Shuyao Technology Bags Tens of Millions of Yuan in First Financing Round
Shuyao Technology, a provider of digital clinical trial integration platforms, announced on Tuesday that it has completed its first round of financing totaling tens of millions of yuan.
6/7/20222 min read
Cell-Cultured Meat Startup CellX Obtains Almost 100 Million Yuan in A-Round Financing
CellX, a cell-cultured agricultural tech startup, has recently completed round-A financing of nearly 100 million yuan ($14.7 million).
5/16/20222 min read
ByteDance to Cut India Workforce due to TikTok Ban
Chinese tech giant ByteDance will trim its 2000-plus Indian team due to a recent ban New Delhi imposed on TikTok, the company announced on Wednesday. The firm has yet to specify just how many employees may lose their jobs.
1/28/20212 min read
TMall and L’Oréal China Target Male-Grooming Industry
On Sept. 28, Alibaba Group's Tmall and L’Oréal China announced that they will expand their cooperation and find new ways to tap into the Chinese market, leverag...
LinkSure Literature - A New Unicorn Despite “Capital Winter”
LinkSure Literature, the online reading platform under LinkSure Network, has finalized its Series A round of funding, with investors led by Hopu Fund. After the financing, the valuation of the company has reached $1 billion, making it a new unicorn amid this year's “capital winter”.
12/26/20182 min read
WM Motor Receives $152 Million in D2 Round Financing
WM Motor, a smart electric vehicle manufacturer, announced that it had received $152 million in its D2 round financing.
12/1/20213 min read
Xiaomi-owned AirStar Bank Launches Pilot Trial of Virtual Banking Service in Hong Kong
Granted a virtual banking license by Hong Kong Monetary Authority on May 9, 2019, AirStar Bank is expected to officially begin operating in July 2020.
3/31/20201 min read