AR Firm Rokid Bags $110M in Round-C Financing
Chinese augmented reality (AR) smart glasses company Rokid has recently received round-C financing totaling 700 million yuan ($110 million) from undisclosed investors.
3/21/20222 min read
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Alibaba International Launches 'Aidge', an AI Suite to Enhance Global Commerce Operations
On November 6, Alibaba International announced the pilot launch of “Aidge,” its first commerce-centric, AI-powered suite of APIs that is poised to streamline global operations for enterprises.
11/6/20235 min read
OFilm Claims Power Shortages Have No Major Impact on Production and Operations
OFilm responded to issues related to power outages at an investor interaction platform last Friday, saying that it has no great impact on the company's production and operations at present.
10/15/20212 min read
CATL and UL Solutions Join Forces to Advance Battery Safety and Performance
On January 17, Chinese battery giant CATL and global leader in applied safety science UL Solutions announced a new MOU for strategic cooperation to help create safer deployment and use of battery energy storage systems (BESS) and electric vehicle batteries.
BYD Obtains Electric Bus Order from European Operator Nobina
Chinese electric vehicle maker BYD announced on November 21 that it has signed an order for 64 electric buses with Nobina, the largest bus operator in Northern Europe. These vehicles are scheduled to be delivered in the second quarter of 2023.
Why China Needs to Host the 2021 Club World Cup?
On October 24th, FIFA confirmed that China will host the inaugural edition of the newly expanded 24-team Club World Cup in 2021.
11/23/20196 min read
Tencent's Sogou Launches Community-Based Social Product for Trending Topics
Sogou, a Chinese tech firm acquired by Tencent last year, has launched a youthful community-based social product called "Miaogeng." On this platform, users can create texts and pictures around trending topics and buzzwords, deploying emojis to express their emotions.
Universal Beijing Resort Sets Official Grand Opening for September 20
The UBR theme park, two hotels and Universal CityWalk Beijing will be open to the public.
8/31/20212 min read
Baidu Sets Up Smart Living Group, May Have More Self-Developed Hardware
Recently, Baidu formally announced the establishment of Smart Living Group (hereinafter referred to as SLG). SLG is comprised of Baidu Duer Department, Baidu Ha...
Tesla Introduces Significantly Cheaper Standard Range Model Y for Chinese Market
Tesla officially unveiled a new Model Y Standard Range electric vehicle, featuring a price tag of 276,000 yuan and a cruising range of 525 kilometers.
7/9/20213 min read
Huawei Releases Half-Year Operating Results, Reports Steady Growth Rate as Usual
Huawei announced its operating results for the first half of 2018 on July 31. The world's third largest smartphone maker reported the same growth rate as one ye...
7/31/20182 min read
Volkswagen's Skoda Reportedly Reassessing Future Strategy in China
Czech carmaker Skoda Auto, a subsidiary of Volkswagen, is reportedly considering a withdrawal from China and will make a final decision next year. A spokesperson for Skoda China said that the company has not made any decision on the necessity of adjusting its strategy.
12/13/20223 min read