Microsoft to Keep Its Retail Stores in China
While Microsoft announced on Friday to permanently close its physical stores in the US, Australia, and etc, it will continue running its stores in China.
6/29/20202 min read
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Tencent Churns Out New Video Dating App
Shenzhen-based Tencent released their first social app of 2020, a video dating app called Qingyuan, which arranges blind dates via video call.
2/11/20202 min read
Hooked on Dating Apps: Where is China's Gen Z Swiping Right?
Online dating platforms has gained enormous popularity among younger generations in China in the past two years.
7/12/202110 min read
Localization Rate of Tesla China's Supply Chain Exceeds 95%
Grace Tao, Global Vice President of Tesla, announced via domestic microblogging platform Weibo on August 15 that the localization rate of Tesla China's supply chain has exceeded 95%, as the firm's Shanghai Gigafactory has now produced more than 1 million vehicles.
IDG Capital and Hong Kong's Towngas Set Up $1.6 Billion Zero-Carbon Tech Fund
The Hong Kong and China Gas Group (Towngas) and IDG Capital jointly announced the establishment of a zero-carbon technology investment fund on Monday, with a total scale of 10 billion yuan ($1.6 billion).
1/24/20222 min read
Nvidia Expands Partnerships with Chinese Automakers
On Monday, Nvidia announced plans to expand collaborations with Chinese automakers, including BYD, aiming to develop EV and AI-enhanced infotainment technologies.
Stellantis Considers Collaboration with Chinese Electric Car Companies, Including Leapmotor
Stellantis NV, the second largest car manufacturer in Europe, is considering partnering with a Chinese electric vehicle company including Leapmotor to enhance its influence in China, the world's largest automotive market.
8/24/20232 min read
Amazon to Exit China This Week
Amazon will be exiting China and releasing an official statement on the matter this week, as insiders have told Chinese media. Actual date of disclosure is unknown.
Huawei Achieves Patent of Autonomous Driving Vehicle Behavior Planning Technology
Huawei obtained patent authorization for behavior planning methods and a behavior planning device which enables self-driving vehicles to safely and quickly pass through intersections.
7/21/20212 min read
Le.com on the Brink of Delisting, CEO Jia Yueting Under Investigation
LeEco founder Jia Yueting is being scrutinized by Chinese securities regulators and Leshi is on the edge of delisting.
4/30/20193 min read
Crypto Mining Chip Manufacturer Nano Labs Applies for U.S. IPO
Nano Labs, a Chinese crypto mining chip manufacturer, recently submitted an application to the United States Securities and Exchange Commission (SEC) for an initial public offering (IPO) on the Nasdaq to raise $50 million.
6/15/20223 min read
Xiaomi’s Poco M2 Pro Coming to India on July 14
Xiaomi spin-off brand Poco announced it will launch its latest midrange smartphone, the M2 Pro, on Flipkart exclusively for the Indian market on July 14, starting at 13,999 rupees ($185).
7/9/20202 min read