What Should be Done about the Fitness Industry in China?
If you walk around central business areas in Beijing or Shanghai, you will likely be stopped by the nearby gyms’ hardworking sales team.
10/6/20198 min read
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Suning.com's Q3 Net Losses Reach $642 Million Amid Liquidity Crisis
On October 29, Suning.com released its performance report for the first three quarters of 2021, showing that the company's operating income in the third quarter was 21.968 billion yuan ($3.4 billion), down 64.82% year-on-year.
11/1/20213 min read
NetEase's Blizzard Game Refund Application Channel in China Attracts Nearly 1M Users
After Blizzard's games agencies via NetEase in China rolled up their services at the end of January, NetEase announced on February 1 that it would open a refund application channel for players who had recharged but not used some of their virtual currency or unexpired game services.
2/2/20233 min read
General Motors Conducts Autonomous Driving Road Tests in Shanghai with Chinese Company Momenta's AI Technology
Recently, General Motors has been granted the qualification for Intelligent Connected Vehicle(ICV) road testing in Shanghai and is conducting Level 4 autonomous driving tests with the support of Momenta's AI technology.
China Establishes Deep Space Exploration Laboratory
China has set up its first deep space exploration laboratory in order to better carry out the exploration and research on space technologies, according to Wu Weiren, the chief designer of China's Lunar Exploration Program.
3/10/20222 min read
Community Group Buying Platform Nice Tuan Shrinks
Community group buying platform Nice Tuan had shut down all of its operations in cities across the country. The company has entered an aftermath stage in which it is dealing with payments to suppliers and settlements with employees.
3/28/20223 min read
The First ONVO L60 Rolled Off the Production Line Today
On August 15, the first mass-produced ONVO L60 rolled off the production line at the NIO F2 factory, officially marked as '0000001'.
Baidu Maps' Lane-Level Navigation Set to Launch on Tesla, with New UI Design
On June 3rd, Baidu Maps released a video of the real-world testing of the Tesla-specific Baidu Maps V20 version, announcing that Baidu Maps' lane-level navigation will soon be launched on Tesla.
CEO Ren Zhengfei at Huawei Legions Inaugural Meeting: Peace Brought by Winning Battles
Huawei uploaded a video on its internal employee community platform, showing the 'Huawei Legions' inaugural meeting that took place at the Dongguan Songshan Lake Hi-Tech Industrial Development Zone.
11/4/20212 min read
Next OnePlus Flagship Smartphone Reportedly Named "OnePlus 11"
The next flagship smartphone model to be released by Shenzhen-based consumer electronics firm OnePlus would be named the OnePlus 11, and it will still be available in Pro versions.
Ousted Luckin Coffee Cofounder Plans to Launch New Coffee Brand
Charles Lu, co-founder of Chinese beverage chain Luckin Coffee, is planning another entrepreneurial project involving the launch of a new coffee brand named "Cotti Coffee."
9/1/20223 min read
vivo X Fold3 Pro - Specs and Release Date
It is expected that the vivo X Fold3 Pro will meet consumers in March this year.