Evergrande Auto Orders Staff to Take Paid Leave until October 31st
Many Evergrande Auto employees said their department has asked them to take leave after China's seven-day National Day Holiday until October 31st.
9/30/20213 min read
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Geely Unveils New EV Brand, Seven Cars to Be Delivered by 2025
Chinese carmaker Geely unveiled a new line of high-end electric cars on February 23 as part of a push to make up lost ground. The new Galaxy lineup will include seven models over the next two years, including four long-range hybrids and three pure electric cars.
2/24/20233 min read
XYZ Robotics Secures Nearly $40M in Round-B+ Financing
XYZ Robotics has obtained nearly $40 million in a B+ round of financing, led by Capital Today and followed by Gaorong Capital, 5Y Capital and Source Code Capital.
6/20/20222 min read
Baidu Posts Slight Drop in Revenue as Online Advertising Sales from Video Unit Remain Under Pressure
China’s search engine and AI giant Baidu Inc. on Thursday posted a 1% year over year decrease in its total revenue to 26 billion yuan (3.69 billion) for the second quarter of 2020 ending June 30, falling slightly below the Wall Street estimates of $3.7 billion.
Ep. 15: Bike-sharing in China Part 1: Ofo’s Wild Ride
The Internet age has brought with it the “New Four Great Inventions” of China: high speed trains, scan-and-pay mobile payments, bike-sharing, and ecommerce. Thi...
NFT Marketplace Magic Eden Seeks New Standard to Enforce Royalties
Jack Lu, co-founder and CEO of Solana's leading NFT marketplace Magic Eden, has advocated for a new NFT standard that would enforce royalties at a hard, technological level.
Pika Founder Responds to Sora's Release: Very excited, We Will Directly Benchmark Sora
Faced with the aggressive approach of Sora, Pika's founder Demi Guo responded, 'We feel that this is a very exciting news. We are already preparing to go head-to-head and directly compete with Sora.'
OKX and LinkedIn Release 2022 Global Web3 Talent Report
Crypto exchange OKX and LinkedIn have jointly published the "2022 Global Blockchain Talent Report - Web3 Direction," providing suggestions for enterprises to further grasp the opportunities brought about by Web3.
8/8/20223 min read
BYD and Xiangyang City Cooperate to Build New Energy Automobile Industry Base
On Monday, the government of Xiangyang City, located in Hubei Province, signed a strategic cooperation agreement with Chinese EV maker BYD.
1/25/20221 min read
BYD Enters German and Swedish Markets
On August 1, BYD announced its cooperation with Hedin Mobility, a leading dealer group in Europe, to provide high-quality new energy vehicles for Sweden and Germany.
Tencent Replaces Alibaba as Highest Valued Company in the HKSE as its Shares Hit Record High
Tencent stock hit a new high today as the share price exceeded HK$480 for the first time in two years.
6/23/20202 min read
Chinese Programmer Fired After Musk's Code Review of Twitter
One Chinese programmer whose IP address is located at Twitter's headquarters claimed that he was fired because he failed to pass Elon Musk's late-night code review, arousing significant attention on Chinese social media.
11/24/20224 min read