Baidu Invests in RISC-V Chip Startup StarFive
On March 23, Shanghai-based RISC-V chip technology startup StarFive announced that it had received an investment from Chinese search giant Baidu of an undisclosed amount.
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ByteDance-Owned VR Startup Pico Releases Neo 3 Link Headset
Pico, a VR brand owned by TikTok owner ByteDance, announced at the Laval Virtual event in France on April 13 that its Neo 3 Link headset will cost €449 ($539), with limited availability.
4/18/20222 min read
Food Delivery Giant Meituan Unveils Drones for Delivery Service, Offering New User Experience
Food Delivery Giant Meituan Unveils Drones for Delivery Service, Offering New User Experience
China VC Weekly: WM Motor’s pre-IPO Round and Panlin Capital’s New Fund
Chinese electric vehicle maker WM Motor has completed a 10 billion yuan D round of financing
9/27/20205 min read
Former OpenSea Executive Charged With Insider Trading of NFTs
A former top executive at prominent NFT startup OpenSea was arrested on Wednesday and charged with wire fraud and money laundering in connection with a scheme to commit insider trading.
NetEase and Blizzard Respond to the News of Re-Collaboration
NetEase responded by not commenting on the online rumors about a potential re-collaboration with Blizzard. And Blizzard stated that there is currently no information or updates to share.
Realme CEO Announces Dawn of 5G Era
On December 2, CEO of Chinese smartphone brand Realme, Li Bingzhong, said that next year the company will only release 5G devices, calling curtains on the age of 4G.
Gree Electric Appeals After $26 Million Compensation Awarded to AUX
The trial regarding a pair of infringement cases for invention patent rights in which AUX Air Conditioning sued Gree Electric Appliances and Ningbo Yongge Information Technology Co., Ltd., has now ended.
SilVRcraft Technology Secures Over 100M Yuan in Round-B Financing
SilVRcraft Technology, a provider of VR digital twin cloud services, has recently raised over 100 million yuan ($15.7 million) in round-B financing. The lead investors were SIG China and existing shareholder Meridian Capital.
3/28/20222 min read
Rokid Gives Visitors AR+AI Experience of Ancient China at Archaeological Ruins in Liangzhu City
Rokid will join hands with the Archaeological Ruins in Liangzhu City in October to bring visitors an AR + AI experience through its Rokid Glass 2.
Vivo Launches OriginOS 3 With AI Functions
During its annual developers conference on November 8, Chinese smartphone maker vivo unveiled its Android 13-based OriginOS 3, which commenced internal testing on November 9.
11/9/20223 min read
Chinese EV Firm NIO to Launch Rental Battery Buyout Plan
Chinese new energy automobile company NIO confirmed on Monday that it will launch a BaaS ("battery-as-a-service”) buyout plan.
4/25/20222 min read