Pakistan's Telenor Group and Ant Financial reached a strategic partnership
Telenor Group has reached a strategic partnership agreement with Ant Financial in Pakistan, where Ant Financial will invest USD 184.5 m for a 45% stake in Telen...
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BYD Releases Its First PHEV Pickup Truck SHARK
On May 15th, BYD held a press conference in Mexico to officially launch the "SHARK" pickup truck, which will be sold in the Americas, Australia and other regions in the future.
Kaixin Auto Receives Approval to Acquire E-commerce Platform Haitaoche
Chinese secondhand car dealership Kaixin Auto Holdings on Thursday said it has received approval from Nasdaq to acquire Haitaoche, an e-commerce platform for imported cars.
4/16/20212 min read
XPeng Reports $0.96B Q3 Revenue, US Stock Price up 6.53%
XPeng, a leading Chinese electric vehicle company, on November 30 announced its unaudited financial results for the third quarter of 2022. Its total revenues were 6.82 billion yuan ($0.96 billion) for the third quarter, representing a year-on-year increase of 19.3%.
11/30/20223 min read
BYD Invests in Zhuoyu Technology Under DJI
BYD strengthens its layout in intelligent driving by investing in DJI's subsidiary, Zhuoyu Technology.
Michael Yu: New Oriental Donates Nearly 80,000 Sets of Study Desks and Chairs to Rural Areas, Adjusting its Business
"With the adjustment of our business, New Oriental has decided to donate new study desks and chairs to primary and secondary schools in rural areas, having donated nearly 80,000 sets so far," Michael Yu posted.
11/5/20212 min read
Chinese Internet Security Firm Qihoo 360 to Spend $451 Million for 16.6% Equity of Hozon Auto
Chinese internet security firm Qihoo 360 Technology announced on Monday that the company plans to invest 2.9 billion yuan ($451 million) in Hozon Auto, which also operates a car brand called NETA Auto.
10/19/20212 min read
Xiaomi Releases Q2 Financial Report: Mid-to-high-end Smartphone Sales Surge
Chinese smartphone and smart hardware manufacturer, Xiaomi Group, recently released its second-quarter financial report for 2020.
8/27/20203 min read
Female Alibaba Employee Claiming Sexually Assault Is Sued by Former Company VP for Reputation Infringement
Widespread public attention was previously focused on the case of a female Alibaba employee surnamed Zhou who claimed she had been sexually assaulted in a lengthy post to the company's internal messaging platform.
12/2/20213 min read
Is Pinduoduo's US Sister Site Temu Too Good To Be True? I Decided To Find Out.
Temu sprang onto the US e-commerce scene with a bold claim that it can deliver quality products at affordable prices for just about any budget. Yes, that’s right - "quality" and "affordability" in the same sentence.
10/20/20224 min read
CATL Unveiled Shenxing PLUS Battery, Boasting 1000-km Range
At the 2024 Beijing Auto Show, CATL introduced the Shenxing PLUS battery, the world's first lithium iron phosphate (LFP) battery capable of achieving a 1000-kilometer range.
4/25/20242 min read
OPPO Showcases Three Concept Products at INNO DAY 2020
Leading Chinese smartphone company OPPO on Tuesday kicked off its annual technology convention OPPO INNO DAY themed “Leap into the Future” in Shenzhen
11/17/20203 min read