On October 24, celebrated in China as the programmers’ day due to the reference to the number 1024, XPENG Motors held a joint Tech Day with Tsinghua University.
CategoryStartups
51 Credit Card, China’s largest credit card service startup in terms of monthly active users (MAU), saw its share price plummet by 34.32% to $1.77 HKD today.
On October 14, reporters from Chinese media 21Tech met with the new global CEO, Carsten Breitfeld, in FF's Beijing office to discuss his vision for the company and Jia Yueting's bankruptcy announcement.
Chinese real estate e-commerce platform Fangduoduo has filed its IPO prospectus with the SEC in anticipation of a public offering on the NASDAQ under the ticker “DUO” on October 9.
Chinese online education giant VIPKID has secured commitment from Tencent to lead the company’s latest round of financing.
According to Bloomberg, Guangzhou-based drone maker EHang submitted its confidential filing to Nasdaq.
On September 26, Didi’s autonomous driving unit was granted a road test license by the Public Security Bureau of Suzhou, a major city in China’s Jiangsu province.
China’s ride-hailing behemoth Didi Chuxing announced on September 24 that its English language interface in China, DiDi English, has served more than 2 million users across 430 cities in China since its launch in 2017.
According to people familiar with the matter, the pre-IPO valuation of Kuaishou, one of China’s leading short-video start-ups, has reached $25 billion.
San Diego-based self-driving truck startup TuSimple, announced on September 17 that its Series D round had secured an additional $120 million.
According to insider information received by 36Kr, one of the cofounders of ofo, Zhang Siding, has established a new venture.
GalaxySpace, a private Chinese satellite constellation provider, has finished another round of financing led by JIC Technology Investment on September 16.
The China-based EV startup Byton unveiled the final design for its first vehicle, the M-Byte, this week at the Frankfurt Motor Show.
On September 5, Xpeng Motors, a Chinese electric vehicle company, kicked off the delivery of its Xpeng G3 2020 Edition SUV at the Chengdu Motor Show, less than two months after the initial presentation of this new high-performance iteration of its G3 series.
Xpeng Motors, a leading electric vehicle manufacturer in China, responded to a report from an Xpeng car owner that its cars could not connect and charge via the national electric charging grid available throughout China.