NIO has expressed that this new round of capital increase is a testament to the strategic investors' recognition of NIO's leading position in the industry.
Chinese fast fashion online retailer Shein dismissed 17 employees at its Singapore headquarters, despite the company's plans to continue expanding its business in Singapore.
Alibaba Group was selected for the 10th annual Change the World list by Fortune magazine, ranking 8th and becoming the only Chinese company in the top ten.
The semiconductor giant American Vishay Intertechnology announced a restructuring, laying off 800 employees and planning to close three factories including the one in Shanghai, China.
After the American telecommunications giant Cisco announced its global layoff plan in August, the China division has begun implementation. The Dalian branch has issued a formal layoff notice affecting nearly 300 full-time employees.
A blogger revealed that the OPPO Find X8 phone will be released as soon as October 21, along with new products such as the OPPO Pad 3 Pro and OPPO Enco X3.
Kuaishou CEO Cheng Yixiao stated that he is confident in achieving the goal of over 400 million DAU in a single quarter in the second half of the year.
IBM CEO stated in an internal online meeting for IBM employees worldwide that the closure of the China R&D department is a done deal and cannot be reversed.
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.
According to a report released by the Korea Institute for Industrial Economics & Trade (KIET) on September 10th, electric vehicles produced in China are rapidly rising in the South Korean market, accounting for 33.1% of the market share.
BYD's new global R&D center is designed to be a multifunctional space, combining administrative offices, research and development facilities, and living accommodations.
