China's State Administration for Market Regulation Unveils 43 Anti-monopoly Cases
Most of them were internet enterprises, including Baidu, Alibaba, Tencent, Meituan, ByteDance, JD.com, Suning.com, Sina, 58 Group and more.
11/23/20212 min read
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Chinese GPU Chip Provider Iluvatar CoreX Completes Financing Totaling $148.68 Million
Iluvatar CoreX, a Chinese provider of general GPU chips and high-performance computing systems, announced on July 13 that it had completed C+ and C++ rounds of financing totaling over 1 billion yuan ($148.68 million).
7/13/20222 min read
Chinese Data Security Firm CyberServal Completes Round-A Financing
On August 16, Chinese data security startup CyberServal announced its completion of round-A financing, garnering tens of millions of yuan.
Esports and Breakdancing to Join 2022 Hangzhou Asian Games As Official Events
Esports and breakdancing have joined the 19th Asian Games in Hangzhou 2022.
12/17/20202 min read
Lei Jun announces Xiaomi sales reached a historical high
This was the first good news that came across after Xiaomi CEO Lei Jun was, once again, in control of the supply chain. On July 7th, Lei sent out an internal e...
Redmi Discontinues Flagship K20 Pro, Forecasting Upcoming K30 Pro
On February 24th, Xiaomi’s budget sub-brand Redmi announced that its flagship K20 Pro has been officially discontinued.
2/24/20201 min read
Huawei Officially Approved to Produce Medical Devices
On October 8th, Guangdong Provincial Food and Drug Administration announced that Huawei's "single-guide ECG blood pressure wrist device" was officially approved for production.
10/11/20212 min read
Music Tech Firm Xiaoyezi Bags C2-Round Funds Worth Tens of Millions of Yuan
Xiaoyezi Beijing Technology Co., Ltd. has completed a C2 round of financing worth tens of millions of yuan led by Zhencheng Capital.
6/17/20222 min read
Quadruped Robot Startup Unitree Robotics Secures Round B Financing
Unitree Robotics, a high-performance quadruped robots manufacturer, has recently announced its completion of B-round financing worth several hundred million yuan, led by Matrix Partners and Dunhong Capital Management.
4/20/20223 min read
Tesla Shanghai's Registered Capital Rose to 4.67 Billion RMB
Tesla's arm in China, Tesla (Shanghai) Co. Ltd has increased its registered capital to a total of 4.67 billion RMB (about $680 million) on Sept. 7, according to...
9/10/20182 min read
11 Lessons American Companies Can Learn From Chinese Brands
Chinese markets are thriving and there is no denying in that! The communist-turned-capitalist country has been thriving by all leaps and bounds; it now houses s...
12/8/20188 min read
Shenzhen Futian Distributes 20 Million Digital Yuan in Red Envelopes
Futian District in the city of Shenzhen issued 20 million digital yuan to eligible local citizens in 100,000 red envelopes, each with a value of 200 yuan, marking the second time the city of Shenzhen participated in an official e-yuan pilot in the form of red envelopes.
1/8/20212 min read