Tencent Just Angered the Public for Unjust Investment
Tencent recently received furious criticism by netizens after investing 30 million yuan in Chaping, an infamous media company due to its plagiarism history. ...
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Chinese Domestic Mobile Phone Shipments Fall Sharply in Q1 2020
China's smartphone market shipped about 66 million units in the first quarter of 2020.
5/8/20202 min read
Xiaomi Patents Smart Mask, Tracking Pollution Inhalation With Mobile App
Xiaomi has been granted a patent for a "smart mask" by the US Patent and Trademark Office (USPTO).
2/19/20202 min read
Tencent Puts Huge Investment in YH Super Species, Strategic Challenge to Alibaba’s Hema
Alibaba is aggressively deploying its new retail business. Fresh Hema has established the entry barrier in terms of business model. JD.com and Meituan are both ...
CATL Rival Sunwoda EVB Release New Battery to Support 1,000km Cruising Range
At the 20th Shanghai International Automobile Industry Exhibition, Sunwoda EVB, a Chinese battery manufacturer, introduced the "flash charging battery". This innovative technology enables electric vehicles to travel up to 1000 kilometers on a single charge.
4/19/20232 min read
Former Deputy General Manager of Wuling Business Department of SGMW Joins Xiaomi
Zhou Xing, former deputy general manager of Wuling Business Department of SAIC-GM-Wuling (SGMW), will officially join Xiaomi in August as the marketing director.
7/21/20223 min read
Chinese EV Firm NETA Auto Questioned About Exaggerated Deliveries
This year, NETA Auto surpassed many of its peers in China's electric vehicle market to take the top spot in terms of overall deliveries. But the Chinese automaker is now facing questions about possibly exaggerated delivery figures.
12/1/20223 min read
Founder of Alibaba Group, Jack Ma Returns to China
On March 27th, Jack Ma, founder of Alibaba Group, returned to China. Recently, some netizens witnessed Jack Ma in Wenyi Road Tunnel, Hangzhou. In the video, Jack Ma rides in a Toyota Kauste and occasionally talks with people around him.
3/27/20232 min read
Xiaomi Closes Its Only UK Store
Xiaomi's first and only official store in the United Kingdom was no longer open.
3/9/20202 min read
WeChat Joins Industry Peers in COVID-19 Hackathon to Combat Pandemic
China's most used social platform WeChat announced that it is partnering with major technology platforms.
3/25/20202 min read
Xpeng to Build Factory in Wuhan With Annual Capacity of 100,000 Units
Chinese electric vehicle maker Xpeng is building a factory in the city of Wuhan that will have the capacity to produce 100,000 EVs a year, the company announced on Thursday.
4/9/20213 min read
Dangdang Co-Founder Aims to Take Back Company by Breaking into Offices
Li, together with four other people, broke into Dangdang’s corporate office and stole 47 company seals as a sign to take back control of the company.