CAR Inc. Sets For Privatization And Will Delist on July 8
MBK Partners has completed the compulsory acquisition of CAR Inc., which is now a wholly-owned subsidiary of MBK.
7/6/20212 min read
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Muddy Waters Research Company Shorts Chinese Real Estate Trading Platform KE Holdings
On Thursday, Muddy Waters Research released a report on its latest short-selling target: a U.S.-listed, China-based real estate trading platform, KE Holdings, pushing its shares down as much as 10% in premarket trading.
12/17/20215 min read
2018 OTEC Winners Awarded RMB 1 Million, with Nobel Prize Winners Attending the Innovation Summit
Overseas Talent Entrepreneurship Conference (OETC), China's largest international startup business competition came to a close on August 10. A team from Beijing...
Oriental Selection Sells Education Arm for 1.5B in Group Reorganization
On December 27, Oriental Selection, a live-streaming ecommerce company under the US-listed New Oriental Group, announced that it will sell its education business for a total price of 1.5 billion yuan to its parent company.
12/28/20232 min read
Huawei Launches Tree-Planting Public Service Campaign in Gansu Province
Chinese telecom giant Huawei initiated a new public service campaign on Thursday, aiming to plant 62,439 trees donated by the company and its consumers across a desert located in China’s northwestern Gansu province.
4/9/20212 min read
Taikonauts on China's Shenzhou-13 Complete Second Extravehicular Mission
Taikonauts on China's Shenzhou-13 space mission have completed second extravehicular activities (EVAs), the China Manned Space Agency said in the early hours of Monday morning.
12/27/20212 min read
The New XPeng G9 Model Will Be Released in the Fourth Quarter
On August 21st, Jacky(Gu Jie), the Senior Director of Powertrain at XPeng Motors, announced that the new model G9 from XPeng Motors will focus on high-end cost-effectiveness.
8/22/20232 min read
Zhihu CEO: Average Monthly Paid Members in July Broke 10M
On the morning of August 10, Victor Zhou, the founder, chairman and CEO of Chinese question-and-answer platform Zhihu, announced that its average monthly paid members exceeded 10 million in July.
8/10/20222 min read
Vivo X70 Sets September 9 Release Date, X70 Pro+ to Have All New Design
Smartphone maker vivo has confirmed the release date of its newest smart phone. September 9 will see the new lineup of phones unveiled to the public, including vivo X70, X70 Pro and X70 Pro+.
8/30/20212 min read
Tencent Weibo Exits Arena After a Decade of Battle Against Sina Weibo
Tencent on Sept. 4 announced to officially terminate the service and operation of its microblogging website Tencent Weibo at 11:59 pm on Sept. 28, Beijing local time.
9/7/20204 min read
Honor X Series Smartphone Users Exceeds 100M
Harrison Jiang, Chief Marketing Officer of Honor's consumer business in China, announced on September 5 that the global users of the Honor X series smartphone had exceeded 100 million, and revealed the upcoming release of new products.
9/5/20222 min read
New XPeng SUV May Rival Tesla's Model Y
Domestic firm XPeng's new SUV model, which has recently been covertly photographed while carrying out road tests, may become a powerful rival of Tesla's Model Y.
8/2/20223 min read