Boeing Share Declined after Tragic Ethiopian Plane Crash
All 157 people on board the Ethiopian Airlines flight 302 died in the devastating crash, including eight crew members.
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Geely's Zeekr Completes 50,000th Unit of 001 Electric Coupe
Zeekr, a high-end intelligent electric vehicle brand owned by Chinese automotive company Geely, announced on October 12 that the 50,000th unit of its Zeekr 001, a luxury electric coupe, was completed.
10/12/20222 min read
ATRenew Inc.: Is There a Great Story to Tell?
ATRenew Inc. (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform, has caught widespread attention from both the public and investors.
11/23/20217 min read
Chinese Streetwear Retailer Knowin Secures Several Hundred Million Yuan, Led by Alibaba
Knowin, a one-stop trends and lifestyle brand for Gen Z, announced on Thursday the completion of a new round of financing worth several hundred million yuan.
12/23/20212 min read
NIO Offers Free Battery Swapping on Highways During Labor Day Holiday
On April 25th, NIO announced that from April 28th to May 4th during the Labor Day holiday in China, all 362 highways battery swapping stations across the country will provide unlimited free battery swapping services to all NIO vehicles (excluding operational vehicles).
Huawei Reports 16.5% Drop in Revenue with Smartphone Business Hit Hard by US Sanctions
Chinese telecom giant Huawei announced on Wednesday that its revenue fell 16.5% year-on-year to 152.2 billion yuan ($23.38 billion) in the first quarter of 2021, as US sanctions continued to cause damage to the company’s business.
4/29/20213 min read
Huya Lands Exclusive Rights for Chinese League of Legends Events in $310 Million Deal
Chinese live-streaming platform Huya Inc revealed it has signed a $310 million media rights deal with the country’s League of Legends operator TJ Sports, according to a filing to the US Securities and Exchange Commission.
4/28/20213 min read
AI Face-Swapping Technology Used in High-End Scam in China
On May 20th, the Public Security Bureau of Baotou City revealed a shocking case of fraud involving AI face-swapping technology, demonstrating the potential misuses of advanced technology.
Tencent to Double Down on the Peacekeeper Elite Esports Ecosystem, Investing $30.4M in 2021
After hosting the League of Legends World Championship, Shanghai welcomed another large-scale esports live event last weekend, the Peacekeeper Elite Championship (PEC) at the Shanghai Oriental Sports Center.
11/16/20203 min read
Li Auto L9 to Come With Leiniao Air Smart Glasses
On August 22, Leiniao, an AR brand established by Chinese electronics company TCL, announced its cooperation with Li Auto.
8/23/20222 min read
WM Motor Plans Hong Kong Debut through Reverse Takeover with Smart Travel Company
WM Motor, which is still looking for new financing channels, plans to list in Hong Kong through a reverse takeover with Apollo Smart Travel, the latter of which is mainly engaged in the travel business, vehicle platform authorization and engineering service outsourcing.
12/5/20224 min read
BYD's New MPV Xia Official Images Released, Expected to Be Launched This Year
BYD's new Xia MPV released official images with a "Xia" logo, expected to be launched this year.