Meituan's AI Model in Development, Predicts Major Changes
During the earnings call, Meituan's founder&CEO, Wang Xing, discussed the latest trends in AI and the company's ongoing development of AI models.
Tag: #China
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Tesla FSD Officially Launched in China
Early users in China have reported that the FSD feature performs well in local driving conditions, demonstrating adaptability to Chinese traffic regulations and road conditions.
01.AI Plans to Establish An Independent AI Gaming Company
01.AI is currently planning to spin off an AI application company, which will be based on 01.AI's large models to develop applications in areas such as gaming.
Xiaomi's First Mass-Produced Car Xiaomi SU7 Makes Its Debut
On December 28th, Xiaomi held Xiaomi EV Technology Launch, and its first mass-produced car Xiaomi SU7 made its debut as an actual vehicle for the first time.
12/28/20236 min read
SVOLT Announces the Global Launch of Its Short-blade Fast-charging Battery
On December 12th, SVOLT announced its 'SVOLT 2024 Strategy', which includes product leading strategy, SVOLT speed service, and AI intelligent manufacturing strategy.
August Wholesale MPVs Hit 93,000 Units in China, Up 6.8% YoY
93,000 multi-purpose vehicles (MPVs) were sold through wholesale in China in August this year, an increase of 15.5% month-on-month and 6.8% year-on-year.
9/22/20224 min read
Hurun: Number of Unicorns Globally Up 24% to 1,312 in H1
The Hurun Research Institute released its Global Unicorn Index 2022 Half-Year Report on August 30, offering a ranking of the world’s startups founded since 2000 and worth at least $1 billion, although not yet listed on a public exchange.
ByteDance Denies Shutting Down VR Business of PICO
PICO is currently operating normally, and ByteDance will also continue to invest in XR business for the long term.
The Entrepreneurial Boom in China Sparked by ChatGPT Welcomes New Members
ChatGPT is sparking an entrepreneurial movement in China, attracting a steady stream of new members. Some of them come from major companies such as Alibaba, Kuaishou, Bytedance, Tencent and others.
Battery Startup Hengtron Nanotech Tops 100M Yuan in Pre-A Round Funds
Lithium-ion battery developer Hengtron Nanotech announced on July 19 that it has completed pre-A round financing of over 100 million yuan ($14.8 million).
7/19/20222 min read
The Hyperloop Train of China
In the future, it may take only 30 minutes to travel from Beijing to Wuhan by taking the Hyperloop Train developed by CASIC (China Aerospace Science & Indus...
8/31/20173 min read
Starbucks China's Comparable Store Sales Falls by 29% in Fiscal Q1 2023
On February 2, American multinational coffeehouse and roastery chain, Starbucks, reported its financial results for its 13-week fiscal first quarter ended January 1. Its global comparable store sales increased by 5%, but comparable store sales in China decreased by 29%.
2/3/20233 min read