Didi Expands Into Costa Rica
On Tuesday, Chinese ride-hailing giant Didi Chuxing launched their service in the Central American nation of Costa Rica.
11/19/20192 min read
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Tesla China Refuses to Hire Former XPeng Staff, Perhaps Due to Trade Secret Disputes
A topic reading "Why Tesla [China] refused job applications from former employees of XPeng Motors" on a Chinese Quora-like Q&A platform recently triggered heated online discussion.
3-Hour-Line To Get Chinese Tea: Insanely Popular, or Marketing Stunt?
At 10:30am on August 12th, it was just around half an hour later than Heytea opened its shop in Joy City in Chaoyang District, Beijing. Customers queued a line ...
Chinese Version of TikTok Limits Use of Service by Children Under 14 to 40 Minutes Per Day
Douyin, the Chinese version of TikTok, announced that all verified users under the age of 14 will now have access to the app in “kid mode.” They will be able to work with the application for no more than 40 minutes a day.
Sky Semiconductor Receives Several Hundred Million Yuan in B Round Financing
Xiamen Sky Semiconductor, a company dedicates to 5G RF device packaging and integration technology, announced on Monday that it had completed a B round of financing worth several hundred million yuan.
12/7/20212 min read
Tencent Cloud Launches First Data Center in Brazil
Tencent Cloud, a cloud computing service provided by Chinese tech giant Tencent, announced that it has opened the company's first data center in South America, located in São Paulo, Brazil.
11/25/20212 min read
Huami Goes Public in US: Initial Offer of $11 Raises $110M
Huami became listed on the New York Stock Exchange (NYSE) under the stock code HMI on February 8, IPOBoutique.com reported. Bloomberg said Huami's initial offer...
2/9/20182 min read
All Wheels in One Direction: China's Unique System for Innovation
The Chinese character xīn (新) means ‘new’. Another character pronounced xīn (心) means ‘heart’ or ‘where the consciousness lies’. Brazen, unapologetic in ...
BYD: There Are No Plans to Make Motorcycles
BYD issued a statement saying: there are no plans to manufacture motorcycles, and the related design is a design made by BYD Electronic Company Limited. for its OEM clients.
ByteDance Releases SDXL-Lightning Model For Text-To-Image Generation, Increasing Speed by 10 Times
ByteDance has released the text-to-image open model SDXL-Lightning. This model can generate high-quality and high-resolution images in a very short time, making it one of the fastest text-to-image models currently available.
Mobvoi Releases Low-Price Portable Mini Speakers
Mobvoi released its portable smart speaker box, TicHome Mini, for Chinese users. The TicHome Mini will be priced 499 yuan, and the Taobao crowdfunding price wil...
11/29/20172 min read
ByteDance Ramps Up Investment in Free Novel Business
TikTok parent company ByteDance recently relaunched a free reading app called "Hongguo Novel." It is positioned as an app focusing on free novels and audiobooks.
12/23/20223 min read