Xiaomi Hosts third Annual “Family Banquet”
Xiaomi Annual invited fans to its third "family banquet" on December 29, 2017. SEE ALSO: Xiaomi Eco-Chain Opens 2017 Data: Sales Up 100% This year, founder Le...
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AutoX Launches China’s Largest Data Center for Autonomous Driving in Shanghai
Chinese self-driving company AutoX is launching a big data center in Shanghai. It will serve as the largest data hub for self-driving car data in China.
4/13/20202 min read
Online Activity Platform Gotin Secures Pre-A Round Financing Led by GL Ventures
Gotin, an online activity platform, recently completed a Pre-A round of financing. This round of funding was led by GL Ventures and followed by MSA Capital, Jinshajiang Venture Capital, and Picus.
2/7/20224 min read
Douyin and Ele.me Both Deny Acquisition Rumors
Douyin and Ele.me both deny acquisition rumors, stating that their collaboration has been steadily progressing but there are no plans for acquisition.
12/20/20232 min read
Subaru's China Division Denies Dissolution Rumor
In response to recent rumors that Subaru China, a joint venture automobile brand, is considering withdrawing from the Chinese market, an official statement was issued on August 30, denying the rumor and reaffirming its close attention to the Chinese market.
9/1/20223 min read
Chips Shortage Fuels Wave of Smuggling Attempts Into China
Affected by the pandemic and global logistics complications, computer chips have become the latest precious cargo for smugglers entering China.
12/26/20225 min read
Romance of The Three Kingdoms Might as Well be China's Game of Thrones
When I first thought of comparing Game of Thrones to the Three Kingdoms, it seemed pretty ridiculous. One story takes place in the fictional land of Westeros, an imaginary world where dragons, sorcerers and walking dead exist. Another is a romantic version of real Chinese history, with rivalry, reunions and scheming between three ancient kingdoms at a time when the rule of Han dynasty was at its lowest around 220 A.D.
5/25/20199 min read
Miniso Calls Blue Orca Capital's Short-Selling Report Groundless
Global technology-based retail firm Miniso announced on September 15 the results of an independent investigation into a highly critical report released in late July by Blue Orca Capital. Miniso asserted that allegations made in the report have no factual basis.
9/16/20223 min read
Li Auto L9 Debuts, Pricing at $68,657
Li Xiang, Founder, Chairman and CEO at new energy vehicle firm Li Auto unveiled the Li L9, a smart flagship SUV built for family use that will retail for 459,800 yuan ($68,657).
6/21/20223 min read
SHEIN Guangzhou SHEIN Bay Area Supply Chain Phase One Project Commences
SHEIN's Phase 1 project in SHEIN Bay Area of Guangzhou Supply Chain has started construction, with an expected annual export value exceeding 100 billion yuan after all three phases are fully operational.
10/4/20242 min read
Unmanned Markets Fold as Industry Consolidation Kicks Out Dreamers
Small players’ dreams are nothing compared to the strategic needs of giants: the fiercely competitive market has no tolerance. It's only a matter of time before...
1/21/20187 min read
NetEase Cloud Music's First Social Music App Starts Registration
MUS, the first social music app released by NetEase Cloud Music, on September 27 officially opened for registration. MUS, an abbreviation of Music with Us, is designed for matching user groups with similar music tastes.