Amap's "World Map" Goes Live
Recently, at the departure ceremony of the "Belt and Road Global Journey" international segment, Amap announced the official launch of its product "World Map".
Tag: #China
Showing 12 of 2431 posts with this tag
ByteDance's Dali Education Launches New Collaboration Platform
ByteDance's Dali Education has launched an educational collaboration platform named "Dali Space." This represents another new business attempt by Dali Education after the release of China's "Double Reduction" education policy.
8/11/20222 min read
Sunyard Issues A Clarification Announcement, Stating that There Has Been No Business Dealings with Pika
On November 30th, Sunyard released a clarification announcement stating that Demi Guo, one of the founders of Pika, is the daughter of Sunyard’s actual controller Guo Huaqiang. Apart from this relationship, there are no other connections between Sunyard and Pika.
Amazon Quits China Market --- Another U.S. E-commerce Giant Failing in China
Amazon will close its domestic e-commerce marketplace business in China, effective from July 18. The company will keep running other business sections in China, including Amazon Web Services, Kindle e-books, and cross-border operations.
The Chinese Internet model is being pursued overseas
The mobile phone selling like hotcakes in Africa isn’t Samsung nor Apple, but Tecno, a Shenzhen-based telecommunications company in China. According to open sta...
Cross-border E-commerce Unicorn SHEIN Responds to Relocation of Headquarters to Singapore
China's cross-border e-commerce unicorn SHEIN has made a Singapore firm its holding company, and Chris Xu, SHEIN's founder and CEO, has also become a permanent resident of the city-state.
2/17/20222 min read
Alibaba Cloud Lowers Prices for Overseas Markets by Up to 65%
On April 8th, Alibaba Cloud announced price reductions in overseas markets, covering core products deployed in 13 global regions and over 500 product specifications. The average price reduction is 23%, with the highest reaching up to 65%.
4/9/20245 min read
BYD Employs Over 5,000 in Intelligent Driving Team, Aiming to Pioneer Autonomous Driving Technology
BYD Chairman Wang Chuanfu announced that the company plans to invest an impressive 100 billion yuan in intelligent driving technologies, with a focus on generative AI and large model R&D.
Apple’s Decline in China is an Omen of Wider Problems
The warnings were clear when CEO Tim Cook released a letter to investors on January 2, 2019, revising Apple’s Q1 guidance projections to reflect a stagnating hardware business, especially in China.
FAW-Volkswagen's Foshan Factory Cuts 565 Jobs with Annual Salary of 110,000 Yuan
FAW-Volkswagen's Foshan factory cuts 565 positions; the official response states that this adjustment will not affect the daily production and operation of Foshan branch.
5/27/20244 min read
Founder of XPeng Summarizes Achievements and Problems in 2022
On January 18, Chinese electric vehicle maker XPeng held its annual meeting. He Xiaopeng, the firm's chairman, reviewed his five-year entrepreneurial journey from 2018 to 2022, reflected on the firm's performance in 2022, and shared its main plan for 2023.
1/18/20233 min read
Tesla CEO Musk Agrees With Investor Srinivasan: California Construction 100X Slower Than China
Balaji Srinivasan, an entrepreneur and angel investor, tweeted "Most people don't realize that construction in California isn't 10% slower than the state of the art, but more like 100X slower." Under this tweet, Tesla CEO Elon Musk replied, "True."
10/21/20223 min read