Google Confirms Intent to Establish AI Team in China
Google is not sitting idle while China's IT giants increase their investments in the AI sector. At the media event held in Tokyo, Jeff Dean, the director of Goo...
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DS Virgin Racing Team Now Majority Owned by Chinese Renewable Energy Company Envision
DS Virgin Racing Formula E Team, an electric motor racing team under ownership of Virgin Group, announced that China-based renewable energy and technology compa...
4/30/20183 min read
Former Employee Exposes Great Wall Motors' Massive Layoffs
A former employee of Great Wall Motors recently accused the company of large-scale layoffs, impacting hundreds of employees. The company allegedly orchestrated...
11/26/20242 min read
China's Total New Energy Vehicle Count Exceeds 10 Million
According to data released on July 6 by the Chinese Traffic Administration Bureau of the Ministry of Public Security, as of the end of June, the total number of cars in China reached 406 million units, including 10.01 million new energy vehicles.
Kuaishou Denies Chairman Su Hua Under Investigation
In response to a report on Monday that Su Hua, chairman of Chinese short video platform Kuaishou, was taken away by Chinese authorities for investigation at the end of April, Kuaishou issued a statement on Monday denying the rumor.
5/23/20222 min read
Realme's Global Sales Exceeds 60 Million Units in 2021, GT2 Series Released
On Tuesday, Chinese smartphone brand realme held a press conference to unveil the latest in its GT2 series of smartphones, its new Dragon Ball-customized version of the GT Neo2, and the newest edition of the realme Book.
1/4/20224 min read
NIO to Launch New Model at Annual Company Event on December 18
Chinese electric vehicle (EV) firm NIO officially announced today that its brand-new model will be released at 'NIO Day 2021' on December 18.
12/14/20212 min read
Xiaohongshu Tests Self-developed AI Model "Little Sweet Potato" (Xiaodigua)
At present, the business focus of Xiaohongshu's products is still on short videos, which occupy most of the human and financial resources, leaving not much resources for AI exploration.
5/1/20242 min read
Li Auto Announces Details of Entertainment Functions for L9
On Wednesday, Chinese electric vehicle maker Li Auto teased its new L9 vehicle. However, due to the impact of the current epidemic outbreak, the launch conference for the vehicle, originally scheduled for April 16, will be postponed.
4/6/20222 min read
Apple tax won't influence live-streaming platforms
Abstract: Apple has canceled the 30% “Apple tax” once attacked by domestic application developers that provide content service. Recently, the updated Apple Sto...
Zhihu Completes Homecoming IPO in Hong Kong
Zhihu, the largest online Q&A community in China, was officially listed on the Hong Kong Stock Exchange (HKEx) on Friday, becoming the first Chinese internet company to return to Hong Kong by means of a dual primary listing.
4/22/20223 min read
Chinese Capital Mergers with US Companies Fall 80%, Ant Financial Halts MoneyGram Acquisition
MoneyGram International and Ant Financial announced they had formally terminated their planned merger on January 3. Ant Financial will pay MoneyGram $30 million...