First Remote Work Day After Spring Festival Starts with Software Breakdown
For many Chinese white collar workers trapped inside their homes due to the coronavirus outbreak, it’s been a miraculously chaotic day on February 3.
2/4/20202 min read
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CATL Vets Final Options for US Factory Site
Leading Chinese battery firm Contemporary Amperex Technology Co. Limited (CATL) is reportedly in the final stages of vetting sites for a planned EV battery production facility in the United States.
5/6/20222 min read
BYD Ocean Series Car Model Sold 102,572 Units in May
On June 5th, BYD announced the detailed sales figures for its various models of Ocean series in May.
10 Chinese Firms, Including Vivo and Xiaomi, Activate ".CN" Domain
The CNNIC announced on Tuesday that 10 Chinese top 500 enterprises, including vivo, Xiaomi Corporation, and Tencent Cloud Computing, have recently activated China's top-level domains, ".cn" and ".中国."
Adidas's Q1-3 Revenue in China Down Over 25%
Adidas announced its financial results for the third quarter of 2022 on November 9. The firm's performance in Greater China, its former growth engine, continued to exhibit poor results.
11/10/20224 min read
Another WM Motor EX5 Vehicle Catches Fire in Hainan
A WM Motor EX5 vehicle in Haikou, China's Hainan province, suddenly emitted smoke and caught fire a few minutes after charging on April 18.
4/20/20223 min read
China’s Community Group-Buying Players Are Facing a Reshuffle, Signaling the End of the Fast-Growth, Cash-Burning Bubble Blown by the Country’s Big Tech
With several top players withdrawing from the competition, the bloated market is entering a new phase of consolidation.
10/5/20219 min read
Pinduoduo R&D Spending Hits Record in 1Q in Innovation Push
Pinduoduo reported a slower pace of growth in the first quarter as the agricultural platform operator shifted its focus to research and development.
5/27/20223 min read
What's Next for Chinese Smartphone Makers in India?
How many Mi fans and Huawei fans are there in India? These are anyone's guess. We can see through reports, however, that the competitiveness of Chinese brands ...
Huawei Founder Emphasizes "Survival" Amid Economic Challenges
Huawei's internal forum published an article on August 22 about the whole company's business policy changing from pursuing scale to pursuing profit and cash flow.
Tencent's WeChat Video Channels Saw Robust Growth in 2022
WeChat, Tencent's mulitfunctional social media app that is ubiquitous in China, saw its business ecosystem expand last year with the robust growth of a video-based feature called Channels.
Xiaomi Invests in Chassis-by-Wire Firm Tongyu Automotive
Shanghai-based Tongyu Automotive has recently changed its official industrial and commercial registration information, adding Hainan Jimu Venture Capital (an affiliated company of Xiaomi) and Cowin Capital, as shareholders.
6/21/20222 min read