Meituan Launches Ride-Hailing Mini Program
Beijing-based internet services platform Meituan launched a ride-hailing mini program, following its recent return to App Store as "Meituan Taxi".
7/19/20212 min read
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Great Wall Motor, BYD, Other Chinese Car Firms Invest in Autonomous Driving Chips
As the target valuation of Mobileye, an autonomous driving subsidiary of Intel, continues to be lowered, the field of autonomous driving chips in China is active. Many local car companies such as Great Wall Motor and BYD are accelerating their investments in the chip industry.
Bill Gates Named Foreign Academician by Chinese Academy of Engineering
The Chinese Academy of Engineering released its list of newly-elected academicians in 2017 on October 27. Among the 67 academicians on the list, 18 were foreign...
11/28/20174 min read
Lei Jun: Xiaomi's First Car Involves 3,400 Engineers and R&D Costs Exceed 10 Billion Yuan
On December 18th, during an interview on CCTV's program 'One On One', Lei Jun discussed the experience and current situation of Xiaomi's automotive venture.
12/18/20234 min read
China VC Weekly: Robots, Art Education and Milk Tea
Most prominent fundraising news of last week brought together robot-maker Flexive, raising $100 million for expansion, online art education platform Meishubao, bagging over $210 million, and one of China’s most popular milk tea brands, Nayuki
1/4/20214 min read
Chinese Firms Still Face Multiple Challenges to List in US Despite Hesai's Success
Leading Chinese lidar firm Hesai Technology listed on the Nasdaq on February 9. However, it was not easy for Hesai to get listed and Chinese companies will still face many challenges when seeking a US listing this year.
2/15/20233 min read
DiDi Unveils Technology Breakthroughs in AR and AI Integration
On August 17th, Didi Chuxing (“DiDi”), the Chinese ride-sharing, AI and autonomous technology conglomerate, unveiled its latest AI R&D at the DiDi Tech Day ...
Senior Executive VP: Tencent Does Not Produce Vehicles
Dowson Tong, Senior Executive Vice President of Chinese tech giant Tencent, said at a smart travel product launch held on Friday that Tencent does not produce vehicles.
6/24/20223 min read
Autonomous Driving Startup Plus May Split Chinese Team, Mulls Listing
Plus, a self-driving truck company, may initiate its US listing plan again by merging its Chinese business into Full Truck Alliance, a digital freight platform. The official announcement will be unveiled in March this year.
2/14/20233 min read
Tim Hortons Lands Funding From Tencent, To Open 1,500 Stores in China
Canadian coffee brand Tim Hortons China has received an exclusive strategic investment of more than RMB 100 million from Chinese tech giant Tencent.
5/15/20202 min read
100-Member Team Dissolved as SMIC Software Project Stops, Rumors Say
A new 12-inch wafer CIM localization project in Beijing operated by China's leading chipmaker, Semiconductor Manufacturing International Corporation (SMIC), was recently suspended.
Overseas Chinese Hockey Players Could Save China from Flopping in the Upcoming Winter Olympics
Many high-profile NHL players might disagree, but for the majority of athletes, making it to the Olympics is definitely a once in a lifetime opportunity.
5/29/20197 min read