Silicon Valley’s China Paradox
Li Zhifei has spent his professional career cross-pollinating the world’s two most vibrant innovation ecosystems. Born in central China at the dawn of reform a...
Tag: #china
Showing 12 of 2431 posts with this tag
Didi made a strategic investment to Renren Car
On September 25th in 2017, China's leading second-hand car dealer Renren Car announced a new round of financing of $200 million to support its rapid expansion s...
NETA Invests $40 million in Hong Kong Science Park for HQ and R&D
NETA to invest $40 million in Hong Kong Science Park (HKSP) for new HQ and R&D.
9/1/20232 min read
Tesla: Payment Cycle to Supply Chain Companies Shortened to 90 Days in 2024
Tesla's VP, Grace Tao, confirmed that in 2024 Tesla has further shortened payment cycles for supply chain companies to around 90 days.
NETA Auto Adds Two New Models to V Series
Chinese EV maker NETA Auto has added two new vehicle models to its V series, namely the Chao 300 Industry Customized Edition and the Chao 400 Industry Customized Edition.
8/18/20223 min read
ByteDance Launches Home Decoration App Zhuhaojia
Zhuhaojia, the self-operated home decoration unit of Beijing-based TikTok owner ByteDance, has recently launched an independent app, indicating that the tech giant has separated this business division.
12/23/20222 min read
Amazon Global Selling's First Innovation Center Settles in Shenzhen
At the recently held 2023 Amazon Global Selling Seller Conference, Amazon Global Selling's Asia-Pacific Innovation Center settled in Qianhai, Shenzhen.
Alibaba’s Cainiao Responds to Rumors of Raising $2 billion and IPO in Hong Kong
Recently, news of Cainiao's listing in Hong Kong has once again surfaced. The news states that Alibaba's logistics subsidiary, Cainiao, plans to IPO in Hong Kong in early 2024 and aims to raise $2 billion.
Xiaomi: There Has Never Been A Plan or Action to Acquire Evergrande Auto
A spokesperson from Xiaomi stated, "Regarding recent rumors, we solemnly clarify the following: Xiaomi has never had any plans or actions to acquire or control Evergrande Auto."
5/31/20242 min read
Graphcore Withdraws from China Due to the Impact of US Export Controls
Graphcore, the AI chip unicorn known as 'British Nvidia', will lay off most of its Chinese employees and halt sales in China.
Huawei's Automaking Partner Seres Unveils New Model at Brussels Motor Show
Seres, Huawei's automaking partner, showcased its new energy vehicle model SERES 5 at the Brussels Motor Show on January 13, also signing contracts with more than 20 partners that accounted for more than 20,000 orders.
1/16/20233 min read
Perfect World Lays Off Over A Thousand Employees
Recently, a major company in the Chinese gaming industry, Perfect World, has been caught up in a wave of layoffs.