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Ruicycle, a battery recycling enterprise, completed a B round of financing of over 300 million yuan ($44.42 million). Investors include Legend Capital, China Guangfa Bank, Hua Ventures, and other institutions.
Chase Xu, Vice President and Chief Marketing Officer of Shenzhen-based firm realme, acknowledged that the smartphone market is experiencing normal fluctuations at present, but that he is still optimistic in the long run about the smartphone industry.
Chinese EV maker Li Auto announced on August 18 that the Li L9, an intelligent flagship SUV, has officially rolled off the production line at the firm's Changzhou Base, and will be delivered across the country soon.
A range of online service providers under Alibaba Group have canceled the advertisements that usually appear when users open the apps.
Trip.com, a leading online travel services agency based in China, on Tuesday released data for its one-week hybrid work program.
Jordan Berke spent fifteen years transforming the world's largest retailer into a truly digital organization by leading strategic alliances with JD and Tencent...
Tesla filed a lawsuit against former Chinese employee Guangzhi Cao on Mar 21, claiming the engineer copied the source code for its autopilot technology before taking a job with Chinese self-driving car startup XPeng in January.
"Luoke Automobile", the automobile project of Chang Jing, the founder and CEO of Roborock, has completed a round D of financing worth $200 million, bringing the project's valuation to $2 billion.
Gong Xin, CEO of the company, said in an interview that the new round of financing may be completed in the first half of 2022.
On July 31, Beijing-based autonomous driving unicorn Momenta abruptly eliminated its entire automotive aftermarket division, involving more than 100 employees in total, sources told Pandaily.
Internet tech giant ByteDance on Oct. 29 unveiled its a smart lamp priced at 799 yuan ($119) for the education sector as well as announced the new education brand Dali as part of its plan to diversify its businesses.
Wang Yang, the founder and CEO of NaaS Technology Inc., a charging services company, said that calculated on the basis of 80 million new energy vehicles in China by 2030, the growth will require at least 20 million public charging piles and 30 million private charging piles at that time.