It has been 325 days since Didi’s Hitch service was suspended. On July 18, DiDi held a press conference, focusing on issues concerning its Hitch business.
Xpeng car owners in multiple Chinese cities descended on company’s offices to defend their consumer rights. The cause of the owners’ distress is a new G3 model, that came just six months after the release of the previous version.
On Apr. 3, Ruhnn, an Alibaba-backed Chinese influencer startup went listed on NASDAQ, with a ticker symbol of “RUHN” and issuing price of $12.5. The total financing is expected to reach $1,250 million.
Chinese Artificial Intelligence (AI) chipmaker Horizon Robotics announced a massive $600 million funding in its Series B financing round, setting a new record of funding in the AI chip making industry.
TuSimple, a self-driving truck startup running daily routes for customers in Arizona, has raised $95 million in a Series D funding round led by Sina Corp. The company achieved unicorn status with a valuation now reaching $1 billion.
Zhidaohulian（智道网联）, a Chinese intelligent vehicle service provider, raised 120 million dollars in its Series A round led by Tencent on Feb.1.
SenseTime, the world’s most valued artificial intelligence (AI) startup, recently formed a partnership with Beijing Capital International Airport Company to create a smart security check-in system for Daxing Airport, the capital’s new airport is currently under construction.
On Dec. 29, SoundAI, a Chinese tech startup that develops acoustics-focused artificial intelligence (AI) technology, has completed its Series B round of financing worth 200 million yuan ($29 million).