Alibaba to Start Pre-IPO Road Shows in Hong Kong Next Week
According to Chinese media reports, internet giant Alibaba is ready to start pre-IPO roadshows in Hong Kong next week.
11/8/20192 min read
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NIO's Global Business Major Adjustment: Setting Up Eight New Departments
Recently, NIO has carried out a new round of organizational adjustments and personnel appointments for its global business.
Chinese EV Maker NIO to Lay Off Over 1000 Workers
On August 22, a number of employees from NIO, a Chinese electric vehicle company, confirmed to media that the company issued an internal letter stating that it will continue with layoffs. The letter reveals that NIO is planning to retain 7,500 people by the end of September.
Open-Source Community "Linux China" Ceases Operation
On February 1st, the open-source community "Linux China" ceased updating and operating.
2/2/20242 min read
Car Maintenance E-Commerce Platform Tuhu to Debut in Hong Kong
On August 29, Tuhu Car Inc., an e-commerce platform for automobile maintenance, submitted an application for a listing to the Hong Kong Stock Exchange (HKEx).
8/29/20222 min read
CEO William Li: NIO Plans to Launch a New Smartphone Every Year
On July 28, William Li, CEO of new energy automobile firm NIO, met with users in Fuzhou, Fujian province, and talked about the progress of NIO's smartphone manufacturing.
7/28/20223 min read
NETA Auto Initiates Hong Kong IPO Preparation, Secures Cornerstone Investment Exceeding 2 Billion Yuan
Chinese EV maker NETA Auto initiated preparations for its Hong Kong IPO in Q4 last year, with cornerstone investment exceeding 20 billion RMB.
Hai Robotics Secures Over $100M in D+ Financing Round
Automation solutions provider Hai Robotics has announced that it received over $100 million in a D+ round of financing. The lead investor is Capital Today.
6/14/20222 min read
Here is How AI is Bringing Equality to Education in China
The combination of AI and human tutoring could provide students of all backgrounds with an opportunity to escape the classic “assembly line” sort of education system. AI is duplicatable at a lower cost, and is unaffected by time and location.
China VC Weekly: Ride-Hailing, Snacks and More
In last week’s VC news, Didi rival T3 bagged over a billion dollars in financing for market expansion, Alibaba injected funds in a young content creation company DGene, and more.
11/2/20217 min read
China Reaches 110 Million 5G Users, Becoming World’s Biggest 5G Market
China has reached more than 110 million 5G users, making it the biggest 5G market in the world, said China Academy for Information and Communications Technology.
9/18/20203 min read
Pinduoduo Partners with Mango TV to Host Double 12 Super Night Gala
On Dec. 11, Pinduoduo, China’s leading interactive e-commerce platform, partnered with Mango TV, Hunan’s provincial satellite TV, to present a live broadcast of the “Double 12 Super Night Gala.”
12/12/20202 min read