NIO Secures New Strategic Investment Worth of 33 Billion Yuan
NIO has expressed that this new round of capital increase is a testament to the strategic investors' recognition of NIO's leading position in the industry.
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Three Chinese Banks Named in North Korean Money Laundering Probe
The Washington Post has reported that, three Chinese banks may have refused to comply with a U.S. subpoena regarding laundering money to the North Korean state-run Foreign Trade Bank.
6/25/20193 min read
OPPO, Ericsson, and MediaTek Realize VoNR Voice and Video Calls, Boosting 5G Phone Experience
Oppo announced today that it has successfully conducted voice and video calls solely based on the next-generation 5G network.
4/8/20202 min read
Digital Sovereignty in the Global Landscape: Insights from Thorsten Jelinek's "The Digital Sovereignty Trap"
On September 7th, Taihe Institute hosted a book launch for "The Digital Sovereignty Trap" in Beijing. The event brought together numerous experts and scholars in the field.
9/11/20236 min read
“Removal of Phone Charger Was My Idea”: Xiaomi CEO Jun Lei
Xiaomi’s CEO Jun Lei said during a livestream that the removal of the in-box phone charger with its new flagship Mi 11 was the implementation of an original idea he had five years ago.
1/6/20212 min read
DeepRoute.ai Unveils L4 Autonomous Driving Solution Priced Less than $10,000
DeepRoute.ai, an autonomous vehicle startup, unveiled an ambitious self-driving solution on Wednesday. The package, named DeepRoute-Driver 2.0, is a production-ready Level 4 system that costs approximately $10,000.
12/8/20212 min read
Two Days after Releasing its Beta Version, Alibaba Cloud Drive Soars in Popularity
After 12 years of research on intelligent storage and global cloud network technology, Alibaba Cloud officially launched its first personal cloud product.
3/25/20214 min read
Faraday Future Lays Off Half of Their Employees Amid Financial Troubles
The Chinese-invested and US-based electric vehicle producer Faraday Future (FF) is said to have laid off more than half of their employees and cut salaries for ...
10/31/20182 min read
Realme Launches Financial Services Platform in India to Compete With Xiaomi
On December 18, Chinese phone-maker Realme announced its full-stack financial services platform called Realme PaySa in India.
12/18/20192 min read
China VC Weekly: E-sports, Autonomous Driving and More
Last week’s biggest VC fundraising announcements included the 180 million yuan investment raised by Bilibili E-sports, WeRide’s $310 million Series C, VISEN Pharmaceuticals' $150 million Series B, and the latest $46 million round raised by robot-maker Jaka.
1/18/20215 min read
US Court Approves Luckin Coffee's $460 Million Debt Restructuring
In the early morning of Friday, December 17th, Chinese coffee company Luckin Coffee's debt restructuring plan received recognition from a federal judge in Manhattan.
12/17/20212 min read
Coca-Cola Phone? realme 10 Pro Limited Edition Review
This is the realme 10 Pro, but with a twist to it. That’s right. This is the realme 10 Pro Coca-Cola Special Limited Edition that is only available in designat...
2/13/20231 min read