Huawei Could Hand Out 40 Billion Yuan in Cash Dividends to Staff: Report
Huawei Technologies will reward employee shareholders in cash dividends that could be worth at least 40 billion yuan ($6.2 billion).
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BYD Plans to Start Producing Electric Vehicles in Brazil Before March 2025
BYD plans to start producing electric vehicles in Brazil before March 2025 and create 20,000 direct jobs by the end of 2026.
ACXEL Completes Pre-A+ Round of Financing Exceeding $10M Led By Qiming Venture Partners
ACXEL Technology obtained over $10 million in a pre-A+ round of financing. The leading investor was Qiming Venture Partners, while GL Ventures, CGVC, Cowin Capital and Linear Capital also participated.
3/31/20222 min read
Cargo Delivery Company Lalamove Raises $515M in Series E Financing
On-demand delivery company Lalamove announced Wednesday to have completed its Series E round of financing, raising $515 million.
12/23/20202 min read
DJI Adjusts No-Fly Zones in the U.S.: from Direct Prevention to Warning Alerts
Drone maker DJI is updating its U.S. geofencing system to a flexible warning system, following FAA rules and learning from the EU's approach.
Auto Tech Company NASN Automotive Electronics Secures $78.47 Million in C Round of Financing
NASN Automotive Electronics (NASN), a manufacturer of chassis electronic control components, completed a C round of financing worth 500 million yuan ($78.47 million).
12/22/20212 min read
Former Head of Alibaba's Online Storage Platform Joins ByteDance's Feishu
Qi Junyuan, the former head of Alibaba's online storage platform and founder of Teambition, a digital collaboration platform, has recently joined Feishu, an office communications platform operated by ByteDance.
1/11/20233 min read
Ford Establishes Stand-alone China Business Unit
Ford Motor Company, American multinational automaker based in Michigan, announced On Oct. 23 that it has established an independent China Business Unit that rep...
10/25/20182 min read
Freshippo's Own Brand Enteres Australia's Asian Supermarket eBest
On September 11, Freshippo's self-owned brand products entered Australia's Asia Supermarket eBest.
9/12/20242 min read
Baidu Responds to News Regarding Holdings in JiDU
In response to the recent news regarding "Baidu wholly owns JiDU, while Geely withdraws" on Thursday, Baidu said it was a normal adjustment based on the business development of the company.
6/30/20222 min read
Michelle Yeoh Becomes First Woman of Asian Descent to Win Best Actress Oscar
Michelle Yeoh won best actress at the 95th Academy Awards on March 12, becoming the first woman of Asian descent to win the award. 60-year-old Yeoh earned the trophy for her acclaimed performance in "Everything Everywhere All at Once."
3/13/20234 min read
Baidu Sued fenbi.com and Related We-media
According to Netease Technology on August 22, Baidu has formally initiated law proceedings in Beijing Haidian District People's Court against Xiaolong Zhang, th...