Search Department of ByteDance Starts Recruitment
On August 1, Bytedance posted a recruitment notice, announcing that their online search department is looking for new talent.
8/1/20192 min read
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Kimi Open Source Moonlight: 30 Billion / 160 Billion Parameter Hybrid Expert Model
Kimi announced the launch of "Moonlight": a 30 billion / 160 billion parameter hybrid expert model (MoE) trained on Muon.
2/24/20252 min read
Honor and Microsoft Deepen Strategic Cooperation, Honor's MagicBook V14 to Launch Soon
Chinese smartphone maker Honor and American tech giant Microsoft have announced on Thursday that they will expand their partnership as they pursue a more innovative experience for end users.
9/16/20212 min read
Chinese EV Frontrunners XPeng and NIO Report Mixed Delivery Figures for May Amid Global Chip Shortage
Chinese electric vehicle (EV) maker NIO saw its deliveries fall in May due to a global semiconductor shortage, while rival XPeng’s sales continued to grow at a robust pace as the company managed to prevent the chip crisis from hobbling its business.
BYD Invests in Chip Startup Kunlunxin
In 2023, Chinese automaker BYD is focused on expanding into global markets and enhancing its technological capabilities. Kunlunxin, a chip company in China, has announced that BYD had become one of its new shareholders.
3/21/20233 min read
TikTok E-Commerce GMV Reached $951M in 2021
The gross merchandise value (GMV) of TikTok e-commerce in 2021 totaled about 6 billion yuan ($951 million), of which 70% or more came from Indonesia and the remaining 30% or less came from the U.K.
2/28/20223 min read
HTC expands VR to movies and art with Ready Player One and Art Basel
Nurture and stimulate innovative thinking in the fields of creativity and culture. This is the development goal that HTC has set forth in Vive Arts, its globa...
Beyond Meat Makes China Retail Debut with Alibaba’s Freshippo
The plant-based burger company Beyond Meat, Inc. said on Tuesday that it would debut retail sales of its products in mainland China in partnership with Alibaba’s Freshippo supermarkets.
7/1/20202 min read
China VC Weekly: Logistics, Robots and Surgical Instruments
In last week’s VC news across China, logistics upstart YQNLink bags a whopping $100 million in its latest round, Hong Kong-based investment firm Gaw Capital Partners closes a further $430 million in funds, robotics startup MegaRobo closes a hefty $65 million investment round while Suzhou’s IntoCare Medical rakes in more than $15 million in its Series D fundraising round.
6/2/20216 min read
Ant Group is Set to Raise $34B in World’s Biggest IPO
Ant Group is set to raise about $34 billion as shares are planning to trade in both Hong Kong and Shanghai next month, marking the most massive IPO in the world.
NIO Announces OTA Upgrade, Adding Emergency Assistance Function for Drivers
NIO announced an OTA upgrade on Wednesday, saying that the Aspen 3.0.0 version was officially released on August 31st, and vehicles with the current 2.9.0 version and above would soon receive an upgrade notice.
9/2/20212 min read
Huawei Cloud Establishes New Subsidiary in Beijing with Registered Capital of $16 Million
According to enterprise information inquiry app Qichacha, Beijing Huawei Cloud Computing Technology Co., Ltd. was formally established on October 12 with a registered capital of 100 million yuan ($16 million).
10/15/20211 min read