SAIC Promotes Robotaxi Project in Shanghai
On the afternoon of August 16, SAIC's AI Lab announced plans to promote its SAIC Robotaxi 2.0 to take the lead in putting into operation "unmanned taxis" in Lingang.
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Basketball Legend Stephon Marbury is Starting his Coaching Career in Beijing
Leaving the NBA at the age of 32, very few people saw the possibility of Stephon Marbury picking up his games in another country’s professional league.
Liaoning SG Automotive to Acquire Chery Model's Technical Assets for 132 Million Yuan
Liaoning SG Automotive Group announced that it intends to acquire the advanced technologies of Chery S18 (Ruiqi M1) and S18D (Ruiqi X1) models held by Tianjin Meiya New Energy Automobile Co., Ltd. in an effort to develop and produce pure electric sedans and SUVs.
9/29/20212 min read
Alibaba Cloud May Introduce Former Huawei Executive as Senior VP
Alibaba Cloud is reportedly planning to introduce Cai Yinghua, former President of Huawei Enterprise Business Group (EBG) China, as Senior Vice President of Alibaba Group.
3/2/20222 min read
Yuanfudao Announces Entry Into Business Education Market, Launches New Brand "Feixiang Planet"
Today, Chinese online tutoring firm Yuanfudao announced its official entry into the smart education market and will now focus on enterprise education.
10/20/20213 min read
Ferrari, Audi, Porsche Move into New Fields in China
Italian sports car manufacturer Ferrari opened its first official clothing online store on China's e-commerce platform Taobao. The most expensive item is a gray women's mid-length trench coat, priced at 44,500 yuan ($6,187).
10/14/20224 min read
Super Apps: The Inevitable Future of Integrated Platforms in the Digital Age
The astounding success of super apps like WeChat in China suggests that this model could potentially gain ground in the West as both consumers and businesses increasingly gravitate towards comprehensive platforms that cater to their multifaceted needs.
What Do Young Americans Really Look for When Shopping Online?
Consumers in China have come to expect e-commerce platforms to be more than just places to buy things.
7/26/20205 min read
Alibaba International Surpasses Expectations: Earnings Report Reveals Impressive Growth under Jiang Fan
On August 10, Alibaba Group released its financial report for the three months ended June 30, 2023, delivering a solid quarter marked by revenue of $32 billion, representing a year-on-year growth of 14%.
Genshin Impact, Other Games to Suspend Services in China on Dec 6 to Mourn Jiang Zemin
Former Chinese president Jiang Zemin passed away following a battle with leukemia on November 30, at the age of 96. Authorities later announced that they will hold a memorial service in Beijing on the morning of December 6, and that public entertainment activities should be suspended for the day.
12/5/20223 min read
CATL, Gotion High-Tech and Rivals Accelerate Overseas Factory Construction
Many Chinese battery firms have recently announced their construction of new overseas factories. In September, CATL and SVOLT revealed that they would build their second overseas battery factory in Europe.
9/14/20223 min read
Xinling Semiconductor Completes Pre-A Round Financing
Xinling Semiconductor, a mixed-signal computer chip developer based in China, has announced its completion of a pre-A round of financing.
7/22/20222 min read