He Xiaopeng Predicts that Robotaxi Will Reach A Turning Point in Two Years
XPeng Motors Chairman He Xiaopeng predicts that Robotaxi will reach a turning point in two years and suggests major car companies to transition to end-to-end technology.
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Smart Logistics Platform Super Camel Closes Nearly $10 Million in Financing
Super Camel, an intelligent freight services platform, announced it has obtained nearly $10 million in pre-A round financing. The lead investor was BlueRun Ventures and the co-investor was Chuxin Capital.
3/24/20222 min read
Tencent to Invest Nearly $42M in Medical Field
Yuyue Medical, a Chinese medical device manufacturer, announced on September 19 that internet giant Tencent plans to invest 291 million yuan ($41.5 million) in its subsidiary, Xunjie Medical.
9/20/20223 min read
LeEco Resets Smartphone Business, Unveils New Product: S1
LeEco held a meeting in Beijing on Monday to announce the official return of its mobile phone business. The target users of its new product S1 include taxi drivers, food deliverymen, and older users.
9/27/20212 min read
Bytedance Apps Prohibited from Sharing WeChat User Info
The competition is heating up between Chinese tech giants Tencent, owner of WeChat, and the world's most valuable startup ByteDance, the company behind TikTok.
XPeng Co-Founder Denies Plan to Launch Extended-Range Vehicles
Henry Xia, President and Co-founder of Chinese electric vehicle maker XPeng, denied rumors on November 6 that the company may be considering adopting an extended-range power system in the future.
11/7/20223 min read
Honor Tops China's Smartphone Market Share for First Time
Tech market research firm IDC released a quarterly cell phone tracking report on July 29. Honor ranked first in terms of shipments during Q2 in the Chinese market.
7/29/20222 min read
U.S. Probation of ZTE Lifted
The latest judgment informed that the U.S. court had ruled that ZTE's probation would not be revoked without any additional punishment, representing a major victory for ZTE in the legal hearing.
3/23/20222 min read
Mercedes-Benz Launches New R&D Center in Shanghai
Mercedes-Benz announced on Friday that it has opened a new R&D center in Shanghai that will specialize in mobile technologies such as interconnection and autonomous driving.
3/18/20222 min read
Joyy Rejects Fraud Claim by Research Firm, Citing Ignorance of China’s Live-stream Industry
Chinese social media and entertainment site Joyy Inc. rejected allegations of fraud by Muddy Waters Research, saying the report it published was full of “misinformation, erroneous statements and misleading conclusions.”
New Zealand Rejects Huawei's 5G Proposal Due to National Security Concerns
Huawei was banned from supplying 5G technology in New Zealand due to national security concerns, joining a number of developed countries in their hesitation to ...
11/29/20183 min read
Middle-aged and Elderly Online Interest Community Hongsong Receives Financing Led By BAI Capital
Hongsong, an online interest community for middle-aged and elderly Chinese people, announced that it had recently obtained financing worth 100 million yuan.
1/5/20223 min read