Smart Projector Firm JMGO Secures $157M in Financing
JMGO, a smart projector brand, has secured 1 billion yuan ($157 million) in new financing. The co-investors were OPPO, IDG and Lexun Tiancheng.
3/16/20223 min read
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Jihan Wu Resigns as Bitmain CEO to End Power Struggle with Micree Zhan
Jihan Wu, the co-founder of Bitmain, announced he will resign as CEO to resolve a year-long dispute with Micree Zhan, the other co-founder, according to an internal letter he issued.
1/28/20213 min read
Xiaomi's Beijing Auto Show Press Conference Is Scheduled for April 25th
Xiaomi will hold a press conference at the Beijing Auto Show on April 25th. Lei Jun will announce the delivery performance within 28 days of listing and reveal some new plans for Xiaomi SU7 in 2024.
4/22/20242 min read
NetEase Cloud Music Delays Hong Kong IPO
On Monday, Reuters-owned media outlet IFR reported that NetEase Cloud Music has postponed its initial public offering (IPO) in Hong Kong after previously passing the listing hearing on August 1.
8/10/20212 min read
New Adjustment to Meituan's Retail Business: General Manager of Kuailv Division Changed
On November 20, the general manager of the Kuailv Division of Meituan changed from Guo Wanhuai to Gao Yulong, the former head of the division's commodity department.
11/22/20212 min read
Xiaomi Mi 10 to Start Sales on February 14
Due to the coronavirus outbreak, the Xiaomi Mi 10 series will feature a virtual launch via online live broadcast.
2/4/20201 min read
Xiaomi Auto Reshuffles Senior Management Team
Xiaomi Auto has reshuffled its two key executives, giving the product division that was under Vice President Li Xiaoshuang, who is now based in Shanghai in charge of the company's supply chain, to Vice President Yu Liguo.
9/30/20223 min read
The Effects of Immigration: Is It Better or Worse for the Kids?
Moving to the developed world sounds like a great plan. Comparing to the developing world, immigrating to developed countries will automatically grant people the opportunities that they might not have before: healthcare, education, you name it.
4/6/20196 min read
World's Largest Shopping Festival Is Going Green
Around the same time as delegates convened in Egypt for COP27, the world's largest shopping festival "11.11 Global Shopping Festival" also kicked off. While sustainable consumption has long been on the agenda against global warming, challenges still persist.
Tencent's TiMi Studio Group Establishes New Studio in Montreal to Develop AAA Open World Games
TiMi Studio Group, a subsidiary of Tencent Games, announced on Tuesday that it has established a new AAA game studio TiMi Montréal in Montreal, Canada.
7/20/20212 min read
Huawei Refutes Rumored Return of Self-Developed Kirin Chipsets in 2023
News emerged in recent days that Huawei's Kirin chipsets, which have been stalled due to sanctions imposed by the US Department of Commerce, may stage a comeback next year. Given existing restrictions, however, the new chips are likely to be positioned as mid-end. Regarding the matter, Huawei responded on November 7, stating that the reports are untrue.
11/7/20223 min read
Xiaomi Reshuffles Indian Management Team
Xiaomi India appointed Muralikrishnan B, its Chief Operating Officer, as its new president on July 15. The new president will be responsible for day to day operations, services, public affairs and strategic projects.
7/15/20222 min read