ofo will upgrade its locks which “snap open with single touch”
On August 22, ofo announced it has completed the R&D of the brand new smart lock supporting NFC payment and began mass production. The new locks will be rel...
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Bilibili Denies Layoffs as it Cuts Costs and Increases Efficiency
Video streaming platform Bilibili reportedly launched a round of systematic cost reductions. A Bilibili spokesperson acknowledged that some businesses have been adjusted recently, along with various personnel adjustments, but denied any large-scale layoffs.
Bitmain Temporarily Halts Employee Salary Payments
Chinese Crypto mining machine manufacturer Bitmain has reportedly suspended employee payments for September.
10/9/20232 min read
China NFT Weekly: Ripple Effects of Crypto Market Crash
This week: Crypto investor Sequoia Capital China raises $9 billion, Chinese beauty app Meitu records up to $52.3 million in net losses amid crypto market crash, Animoca Brands leads $32 million funding round for Web 3.0 gaming company Planetarium Labs, and more.
PhiGent Robotics Secures $30M in Round-A Financing
PhiGent Robotics announced on Wednesday that it has completed round-A financing totaling $30 million. The leading investor was Ince Capital.
5/18/20222 min read
Best Smart Speakers to Buy in 2019
Today we have a plethora of different smart speakers to choose from. We decided to list some of the most popular ones here to hopefully help you pick the best one.
8/17/20198 min read
XPeng Responds to Delayed Delivery of P5 EV Model
In recent months, new owners of the 460 version of XPeng's P5 electric vehicle model across China have encountered delays in delivery due to tight supply of vehicle batteries and other components.
2/21/20222 min read
Li Auto Emphasizes Gross Profit Margins, Competition with Tesla and Apple
Li Xiang, chairman and CEO of Li Auto, revealed the electric vehicle maker's target - to occupy 35% of the passenger car market with a price range of more than 200,000 yuan ($28,997) in 2027, and to become the world's leading artificial intelligence enterprise in 2030.
Day One of MWC 2023: Xiaomi 13 Goes Global, Huawei Targets 5.5G Era
At MWC 2023, a global trade show that kicked off on February 27 in Barcelona, Spain, Chinese consumer electronics manufacturers including Huawei, Honor, Xiaomi, OPPO, and ZTE showcased China's latest breakthroughs in cutting-edge communication technology and electronics.
Chinese Toymaker Pop Mart Caught Selling Repackaged Mystery Boxes
Chinese toy manufacturer Pop Mart has admitted to selling repackaged items at one of their outlets in Shandong, east China, following a customer complaint.
Leaders of Mercedes-Benz, BMW, and Audi Gather at Auto Shanghai 2023
The 20th Shanghai International Automobile Industry Exhibition opened on April 18th. The exhibition showcased an impressive portfolio of EV models from Chinese firms, while many large multinational car companies were represented by their leaders who attended in person.
BYD's Q1 Net Profit Increases 241% Year-on-Year
Chinese electric vehicle maker BYD released its financial report for the first quarter of 2022 on Wednesday. The company garnered a revenue of 66.825 billion yuan ($10.2 billion) in the first quarter of 2022.
4/27/20222 min read