NIO Jumps at IPO Opportunity Brought Along by Tesla's Intention of Going Private
After getting wind of Tesla's contemplation over going private, Chinese electric car manufacturer, NIO, is rushing to go public to fill in Tesla's void – and to...
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Sensor Tower Releases Chinese Mobile Gaming Market January 2020 Report
Sensor Tower, a mobile app marketing intelligence firm, released their report on the global mobile gaming market for January of 2020.
2/11/20201 min read
Alibaba CFO Announces 7 Key Future Investment Themes at Investor Day
At Alibaba's Investor Day held on December 17, Toby Xu, Deputy Chief Financial Officer of Alibaba Group, shared seven key investment themes under the firm's two major investment directions in the future.
12/20/20212 min read
Autonomous Driving Startup WeRide Completes Series C Financing, Bringing the Valuation of the Firm to $3.3 billion
WeRide, a global autonomous driving company, announced today it raised hundreds of millions of dollars in its Series C financing, from IDG Capital, Homeric Capital, CoStone Capital, Cypress Star, Sky9 Capital, K3 Ventures, and others.
5/13/20212 min read
A Tour in the Silicon Valley Style New Headquarters of Lenovo
On October 22, Lenovo celebrated the launch of its new headquarters in the Phase II of Zhongguancun Software Park, the high-tech zone in the northwest of Beijin...
10/24/20184 min read
NetEase First Quarter Revenue Beats Expectations, Posts $502 Million Net Income
Chinese video game and entertainment company NetEase beat analyst expectations for its first quarter revenues as the company increased its online games revenue with new game launches and further monetized its music streaming app.
5/20/20203 min read
Toutiao Enters the Online Education Industry with “Gogokid”
Toutiao entered the industry of online English courses for children by launching of a new educational product branded “gogokid”. The developer of this product ...
Chinese Organizations in Silicon Valley Recommend New Jobs for Laid-Off Meta Staff
On the evening of November 9, Meta CEO Mark Zuckerberg announced that the company would lay off 13% of its workforce, affecting more than 11,000 employees. Many Chinese organizations in Silicon Valley have begun to recommend each other for new job opportunities.
Li Auto's May Day Travel Report: Cumulative Mileage of 144 Million Kilometers
On May 6th, Li Auto released a report on May Day travel. The total mileage of its vehicles reached 144 million kilometers, including 72.29 million kilometers driven by fuel, which increased by 147% compared to normal days and increased by 372% from last year's May Day.
5/6/20232 min read
ByteDance Enters Gaming Sector
Caijing’s Late Post reported that ByteDance, the world’s most valuable startup, is looking to begin developing mobile games.
Artificial Intelligence Startup CloudWalk Debuts on STAR Market
CloudWalk, an artificial intelligence enterprise, was officially listed on the Shanghai Sci-Tech Innovation Board (STAR Market) on Friday.
5/27/20223 min read
Tim Hortons China Edges Closer to US Listing
Canadian coffee chain Tim Hortons has recently made further progress in plans to list its Chinese business division in the US. Silver Crest, a special purpose acquisition company, will hold a general meeting regarding the merging matter on August 18.
8/12/20223 min read