Tencent Plans to Take Streaming Platform DouYu Private
Tencent plans to privatize one of its streaming platforms DouYu as its executives hold disagreements regarding strategy.
1/28/20222 min read
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NIO's Sub-brand Alps Starts Laying off Employees
After the announcement of organizational optimization by NIO's CEO Li Bin last Friday, NIO's sub-brand, Alps, has also started lay-off.
ByteDance's Douyin Tests New Novel Channel
ByteDance's Douyin has tested a functional channel called "Novel" on the homepage of its tablet app, allowing users to select e-books that can be read on the platform.
6/7/20222 min read
DiDi to Form a JV with British Petroleum to Expand EV Charging Network
Didi Chuxing, China's ride-hailing giant, and British Petroleum (BP), the world’s leading fuels retailing and convenience business company, announced that they have agreed to form a new joint venture to build electric vehicle (EV) charging infrastructure in China.
8/1/20192 min read
BYD Frigate 07 Reportedly to Be Released on May 28
On Friday, news emerged that BYD is scheduled to release its Frigate 07 at the Guangdong-HongKong-Macao Greater Bay Area International Auto Show, which will open on May 28.
5/6/20222 min read
Xiaomi Opposes Being Listed As An "International War Sponsor" by Ukraine
On April 13th local time, the National Anti-Corruption Bureau of Ukraine announced on its official website and Twitter that Xiaomi has been included in the list of "International War Sponsor".
4/14/20232 min read
Wu Lei Misses Chance to Score, Espanyol Faces Tougher Challenges to Remain in La Liga
While Espanyol is in its difficult time of remaining in La Liga, its Chinese striker missed a chance that is impossible to miss to score.
Faraday Future CEO Steps Down, Lead of BMW’s i8 Project Takes Over
Jia Yueting, founder of the troubled EV start-up Faraday Future (FF), stood down as the company’s CEO on September 3, confirming recent rumours. Carsten Breitfeld, who previously helped BMW launch their i8 hybrid sports car as well as had a hand in founding another EV startup Byton will fill the vacancy.
9/3/20193 min read
Alibaba’s Taobao Bans Sales of Wild Meat After Coronavirus Outbreak
On January 23, Sina reporters found that searches for the names of wild animals such as civet, muntjac and river deer on Taobao were not returning any results.
1/23/20202 min read
Overseas Merchandise Traded on Go-to Platform Pinduoduo to Promote Agricultural Product
Chinese social commerce platform Pinduoduo has partnered with foreign embassies and consulates to sell overseas merchandise through live-streaming sessions.
7/11/20203 min read
Attackers Mint XEN Token for Free Through Crypto Exchange FTX's Hot Wallet
XEN token is a recently launched Ethereum project minted by paying gas fees. According to a blog post by X-explore on October 13, an attacker has been minting the XEN token for free, while the FTX crypto exchange pays the gas fees.
10/14/20222 min read
XPeng Revamps Its Marketing System
Chinese electric vehicle maker XPeng has restructured its marketing system by merging the auto trade and user development service teams and establishing over 20 sales regions in China.