Didi Ceases South Africa Operations, Conducts Layoffs
Rumors of 20% staff layoffs at Chinese ride-hailing giant Didi Chuxing have been gradually verified, and the cuts will also impact the firm's international business unit.
4/14/20222 min read
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Xpeng Aeroht's Flying Car Completes Its First Flight in Guangzhou
Xpeng Aeroht's "Land Aircraft Carrier" is equipped with the world's first automatic separation and combination mechanism for vehicles, a proprietary technology developed by the company.
9/4/20244 min read
Xpeng Motors Reduces Sales Area by Half to 12 Regions, Transitioning from Direct Sales to Dealership Model
XPeng Motors recently reduced the number of nationwide sales regions. They are also gradually phasing out underperforming directly operated stores and expanding the scale of dealership stores.
WM Motor Launches "Smart Parking" Service
On August 4, WM Motor, a Shanghai-based new energy automobile company, announced the launch of its "Smart Parking" service.
8/4/20222 min read
Tesla Probed By Chinese Authorities For HW2.5 Hardware Downgrade Scandal
On March 10, the Chinese Ministry of Industry and Information Technology spoke with Tesla regarding its HW2.5 hardware downgrade scandal.
3/11/20202 min read
Lei Jun Releases Teaser of Xiaomi Civi 1S Smartphone Ahead of April 21 Launch
Lei Jun, the founder and CEO of Xiaomi, on Monday morning posted promotional content for the new Civi 1S smartphone. The company announced that the new model will be launched on April 21.
4/18/20222 min read
Honor to Fully Launch Overseas Market Sales
In 2021, Honor gave priority to the development of the Chinese market, and in 2022, it will fully launch overseas market sales, according to George Zhao, CEO of Chinese smartphone brand Honor.
5/5/20222 min read
Hive Box Plans Hong Kong IPO: Accumulated Losses Over Three Years Exceed 3.7 Billion Yuan
Hive Box, a Chinese logistics company, officially submitted its prospectus to the Hong Kong Stock Exchange on August 30, with Huatai International serving as the sole sponsor.
Impact of Internet on Real Economy to Increase 70%, Sinovation Ventures Says
Wang Hua, managing partner of Sinovation Ventures, analyzed the opportunity for future investment in China based on population structure and consumer behavior d...
12/4/20177 min read
China to Build International Lunar Research Station By 2040
On April 25, Wu Weiren, chief designer of the Chinese Lunar Exploration Program and dean of the Deep Space Exploration Laboratory, introduced China's construction plan for the International Lunar Research Station.
4/25/20233 min read
OPPO Find X6 Pro Review - Crazy Camera System
This is the OPPO Find X6 Pro, the latest smartphone in OPPO’s Find X series. In this video, we will be taking a closer look at the OPPO Find X6 Pro series and ...
4/18/20231 min read
Bilibili CEO Chen Rui Takes Over Games Business
Shanghai-based video streaming platform Bilibili reportedly sent an internal email on November 4 regarding forthcoming adjustments to its games business unit.
11/7/20223 min read