Beidou Zhilian Secures Funding to Drive Global Expansion
BEIJING, Dec. 8 – Beidou Zhilian, a provider of intelligent automotive and BeiDou navigation-integrated solutions, has completed a Series B strategic financing ...
12/15/20251 min read
Tag: #business
Showing 12 of 22 posts with this tag
China's First Domestic GPU Maker Moore Threads Launches IPO on STAR Market
SHANGHAI, November 24 – Moore Threads, often described as China’s first homegrown GPU company, began its public subscription for shares today on Shanghai’s STAR...
11/24/20252 min read
Deep Principle Secures Series A Funding to Advance AI for Materials Discovery
BEIJING – Deep Principle, an AI for Science pioneer founded by an MIT-originated team, has raised over RMB 100 million in a Series A round. The financing was co...
11/24/20252 min read
Ant Group Launches 'Ling Guang': A Full-Modal AI Assistant That Builds Apps in 30 Seconds
BEIJING, November 18 – Ant Group has officially launched "Ling Guang," a full-modal universal AI assistant capable of generating functional mini-applications fr...
11/18/20251 min read
Ex-Youzan COO's AI Startup Dealism Raises $15M from Hillhouse, Sequoia China
SINGAPORE – Dealism, an AI sales agent startup founded by former Hillhouse investor and Youzan COO Leo Huan, has secured $15 million in an angel funding round l...
11/18/20251 min read
U.S. Software Giant SAS Exits China, Lays Off 400 Employees
On November 4 — U.S. software giant SAS Institute has announced its complete withdrawal from the Chinese market after 25 years of operation, laying off all 400 ...
Country Garden’s Offshore Debt Restructuring Plan Approved, Expected to Cut Debt by Over $11.7 Billion
Country Garden, one of China’s largest private property developers, announced that its offshore debt restructuring plan was successfully approved at a creditors...
Kimi Nears $600 Million Funding Round, IDG Reportedly to Join
Chinese AI startup Moonshot (developer of the large language model Kimi) is reportedly finalizing a new funding round of about $600 million, valuing the company...
Apple CEO Tim Cook Visits China: Receives Custom LABUBU Doll and Hosts First Livestream Sales Event
On October 13, 2025, Apple CEO Tim Cook kicked off his visit to China, starting with a stop at the THE MONSTERS 10th Anniversary Exhibition in Shanghai. There, ...
10/14/20252 min read
OPPO Plans to Withdraw Smartphones Business from Germany and UK
On March 27th, it was reported that OPPO smartphone's European business is planning to withdraw from Germany and Britain, leaving only a small division to handle basic business needs. Meanwhile, the company's operations in Italy, Finland, Spain and France continue to grow.
Alibaba International Surpasses Expectations: Earnings Report Reveals Impressive Growth under Jiang Fan
On August 10, Alibaba Group released its financial report for the three months ended June 30, 2023, delivering a solid quarter marked by revenue of $32 billion, representing a year-on-year growth of 14%.
Alibaba Group Announces Offering of $5B Senior Unsecured Notes
On Feb. 5, China’s tech giant Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988) announced the pricing of an underwritten registered public offering of $5 billion senior unsecured notes, per Business Wire.
2/5/20212 min read