Bilibili Launches Satellite to Inspire Interest in Science Among Chinese Youth
Chinese video platform Bilibili is to launch a multi-functional remote-sensing educational satellite, aiming to arouse interest among the youth in China.
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Lenovo: We Have Never Defamed Huawei
“Lenovo president and CEO Yang Yuanqing has never delivered any kind of speeches to slander Huawei,” the Chinese technology company Lenovo stated on Mar. 8. It will sue related social media accounts for defamation.
China Launches Commercial Carrier Rocket SQX-1
On April 7th, 2023 at 12:00 pm, i-Space, a Beijing-based space technology company, successfully launched its self-developed SQX-1 Y6 carrier rocket from the Jiuquan Satellite Launch Center in China.
Tesla Pledges to Work with Chinese Authorities After Car Crash Kills Policeman
Tesla affirmed on Tuesday that it would cooperate with Chinese authorities to investigate a fatal car accident involving a Model X in the eastern city of Taizhou that left one police officer dead and another injured.
Didi Tests Food Delivery Business in Chinese Market Again
The catering service project "Satisfying Gaifan"(满足盖饭) by mobile transportation platform Didi has undergone further tests.
11/9/20213 min read
ByteDance AI Lab Director Confirms Resignation; Scientists Leave the Business Tower for the Ivory Tower
Recently, ByteDance has had a change up of personnel. Li Lei, ByteDance's AI Lab director, left his post and joined the University of California, Santa Barbara (UCSB) as an assistant professor.
8/2/20213 min read
Global Tech Companies Wary of Alibaba's Disruptive Business Models
Alibaba tops the list to become the number one company that competitors are “most worried about” for their disruptive business models in the latest KPMG tech su...
Mercedes-Benz China Undergoes Major Layoffs, Sales System Heavily Affected
Mercedes-Benz China has started layoffs, mainly involving the sales and automotive finance systems.
Zeekr Denies Reports of IPO Plan
It is reported that Zeekr, a high-end smart electric vehicle brand owned by Chinese firm Geely, is considering plans to conduct IPOs in the US and Hong Kong. Zeekr responded that it doesn't have new financing plans now.
8/26/20222 min read
Zhejiang Introduces Policy to Support Entrepreneurship Among College Graduates
On Thursday, the Department of Human Resources and Social Security of Zhejiang Province introduced a policy for subsidizing enterprising Chinese college graduates in starting a business.
2/17/20222 min read
Didi Chuxing Upgrades Taxi Service Unit, Renames it “Kuaidi New Taxi”
Didi Chuxing, China’s leading mobile transportation platform, on Sep. 1 announced to upgrade its taxi business to "Kuaidi New Taxi" and invest 100 million yuan as special subsidies to issue taxi tickets for passengers.
9/1/20202 min read
Sports Tech Company Speediance Bags Tens of Millions of Yuan in Financing
Intelligent fitness brand Speediance announced on Friday that it has completed a pre-A round of financing, with a total amount exceeding tens of millions of yuan.
3/4/20222 min read