Showing 12 of 13229 posts
Evergrande Group is negotiating with both state-owned and private companies to sell stakes in the China Evergrande New Energy Vehicle Group and Evergrande Property Services Group, according to Reuters.
Li Auto responds to the cause of the Li L9 rear-end accident as 'the vehicle system mistakenly identified an advertisement image as a real car,' and 'will improve the software system in the future.'
Baidu received approval for the commercial operation of its autonomous car service in Beijing on Thursday.
Che Che, Vice President of Chinese streaming platform iQiyi and head of YOH Studio, announced his resignation from iQiyi on Thursday via his personal Wechat account.
A Tesla owner said his new Model Y, which he bought six months ago, suddenly caught fire. When Tesla offered compensation, they requested him to sign a confidentiality agreement.
Tesla's Shanghai Gigafactory now reportedly has an annual production capacity of more than 750,000 units, making it the company's largest facility, according to a second-quarter earnings report released on July 20.
Tencent announced on October 29 that it will acquire a 6.86% stake in Kadokawa for 30 billion yen ($263 million) via its subsidiary Sixjoy, a wholly-owned subsidiary of Tencent in Hong Kong.
JD.com's community group purchasing platform, Jingxi Pinpin, is further shrinking its business lines and may only retain operations in the cities of Beijing and Zhengzhou.
After years of hard work in overseas markets, Nreal, a Chinese AR startup, plans to expand its Chinese market presence and will soon release consumer-grade AR products.
On March 11, China's third largest e-commerce company, Shanghai-based Pinduoduo reported their fourth quarter results for the year 2019.
Chinese e-commerce powerhouse JD.com has approached investment banks including UBS and Bank of America to discuss a second listing in Hong Kong.
On Wednesday, Xiaomi held a closed-door meeting attended by representatives from companies in the Xiaomi smartphone and automotive-related industries.