ByteDance to Shut Down Edtech Business in India
ByteDance is shutting down its educational technology business in India. The company notified the local team on Monday.
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BYD Launches Seal Model, Starting at $31113
On July 29, Chinese electric vehicle maker BYD held an online conference and announced the details of its newest vehicle, Seal. Delivery will start in August and the vehicle will range in price from 209,800 yuan to 286,800 yuan ($31,113 - $42,532).
WM Motor Expected to Complete Hong Kong IPO in Q2
Apollo Future Mobility, a Hong Kong-listed company, announced on January 12 that it would acquire a subsidiary of Chinese automaker WM Motor for $2.02 billion. This is a strong indication of WM Motor's plan to carry out a public listing through a reverse takeover.
1/12/20233 min read
Wuhan-based Bestore Livestreams IPO in Shanghai
Bestore, a high-end snack store chain headquartered in Wuhan, listed on the Shanghai Stock Exchange on February 24.
2/24/20202 min read
Alibaba Kicks Off 2021 11.11 Global Shopping Festival
The year 2021 marks the 13th year for the 11.11 Shopping Festival, with sustainability and inclusiveness as its major themes.
Bytedance Plans to Relaunch Social App Feiliao
Bytedance is gearing up to restart its social app Feiliao, an instant audio messaging platform that was previously removed from app stores.
7/9/20213 min read
Xiaohongshu to Open Hong Kong Office, Focus on Globalization
Xiaohongshu will open an office in Hong Kong, be neighbors with Alibaba, and make efforts towards globalization.
2/11/20252 min read
Xiaomi Invests in Automobile Resistor Manufacturer GiantOhm
On August 10, GiantOhm, an automobile resistor manufacturer, adding as a shareholder Beijing Xiaomi Zhizao Equity Investment Fund Partnership (Limited Partnership), a company associated with Xiaomi Group.
8/15/20222 min read
Tesla to Open First Overseas Factory in Shanghai, Produce 500,000 Cars A Year
Tesla Inc. is going to open its first overseas production facility in Shanghai, aiming to double its global manufacturing size. SEE ALSO: Tesla Announces Eight...
7/11/20182 min read
Is iPhone Xs still Worth its Price?
Mainland China has 243 million iPhone users. But seriously, how many of those iPhone users could really afford the latest iPhone Xs? SEE ALSO: China Reacts to ...
NIO Resolving Slow Growth of EV Production Capacity
William Li, the co-founder and CEO of Chinese electric vehicle firm NIO, offered insight regarding user experience, supply chains, production capacity, and recent progress of the firm's mobile phone business.
11/28/20224 min read
DJI Supplies 150 Drones To Finnish Defense Forces
China's drone manufacturer DJI will provide the Finnish Defense Forces with unmanned aerial vehicles, according to local media.
6/17/20192 min read