
Fangduoduo Files for IPO on NASDAQ
Chinese real estate e-commerce platform Fangduoduo has filed its IPO prospectus with the SEC in anticipation of a public offering on the NASDAQ under the ticker “DUO” on October 9.
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Chinese real estate e-commerce platform Fangduoduo has filed its IPO prospectus with the SEC in anticipation of a public offering on the NASDAQ under the ticker “DUO” on October 9.
Ming-Chi Kuo, analyst at TF International Securities and a respected Apple pundit, reported on October 7 that Apple will not be cutting the supply for the iPhone 11 series.
Jack Ma evenly transferred his 66% equity of Hangzhou Yunbo Investment Consulting, now his total equity reduced to 34% while the other three holders now each holds 22%.
Discussions over iQIYI’s next ten years resurfaced as it faced its tenth anniversary on April 22. With a host of challenges ahead, iQIYI, which is now so much more than a video provider, still strives to sell its “Online Disney” story to both investors and users.
Social commerce platform Pinduoduo focuses on sourcing fresh produce from rural farmers to build an initial user base. Farmers like Liu Xingjia and his “Grandma’s Dish” team have fought against all odds to bring the fruits of agriculture e-commerce to their village.
ByteDance released its first AI agent earphones Ola Friend. These earphones are integrated with ByteDance's Doubao large model.
It has been learned from people familiar with the matter that the biggest organizational change in BYD this year will be the independent operation of the company's automobile brands. The adjustment began with the Academy of Engineering, the core department for R&D at BYD.
Last Friday, US President Trump ordered Beijing Shiji Group to unwind its acquisition of US-based startup StayNTouch, saying such action might threaten to impair U.S. national security.
Tom Zhu, Senior Vice President of Tesla's automotive business, is about to return to Tesla China and resume the position of Vice President for the Chinese region.
Meng Wanzhou, the daughter of Huawei founder, is bracing for the final phase of her extradition hearings starting on August 4, which will decide whether or not she will be sent to the U.S. to face trial.
Tesla is also exploring the possibility of licensing FSD to other Chinese automakers, which could create new revenue streams.
BYD Semiconductor, a BYD subsidiary that is preparing IPO, announced on October 14 that it has created a smart surveillance camera that can be used in multiple scenarios and has a wide range of functions.