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Chinese ride-hailing giant Didi Chuxing is reportedly planning to spin off its community purchasing business and launch a separate IPO for the platform, which allows buyers to obtain discounts by ordering groceries in groups and have them delivered to their neighborhood, according to tech media outlet The Information.
Chinese tech giant Baidu has obtained licensing for commercial operation of its fully driverless ride-hailing service in Shenzhen.
“Don’t bargain with me!” “You deserve this kind of attitude.” These words sound more like a daily argument that you would hear on the streets. But surpris...
On December 19, Irish boyband Westlife livestreamed their first-ever online concert on Chinese social app WeChat's short video and livestreaming platform, WeChat Channels.
The World Anti-Doping Agency (WADA) has confirmed that a Swiss court overturned the verdict from the Court of Arbitration for Sport (CAS) against Chinese swimmer Sun Yang.
Volkswagen, a German automaker, announced on May 14 that it is building two plants in China to produce a total of 600,000 vehicles running on MEB, its modular car platform for electric vehicles.
XPeng Inc., a leading Chinese smart electric vehicle (EV) company, announced its vehicle delivery results for December 2021 and the fourth quarter 2021 on Saturday.
The current plan suggests that on September 19, or 9/19, a day with symbolic meaning, the Civil Aviation Administration of China (CAAC) will issue the airworthiness certificate for the C919 in Beijing.
Alibaba plans to ramp up its investment in AI infrastructure, basic model platforms, AI native applications, and the AI transformation of existing businesses as part of its core AI strategy.
Discount coupons valued for 100-yuan excited Xiaomi fans this week. The company released a series of Mi 7 concept photos on Weibo, which displayed a product tha...
Last week, while not too eventful in terms of the number of VC deals in China, saw at least three interesting investments.
Chinese e-commerce giant Alibaba’s Taobao kicked off its fifth Taobao Maker Festival on Thursday, the annual signature event created for young entrepreneurs to showcase their designs to the public.