New Material Tech Firm Efmat Secures Round A Investment
Efmat, an innovative metal materials development and production platform, announced the completion of a round A of financing worth tens of millions of yuan.
Tag: #China
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Chinese Regulators to Reinstate Didi and Full Truck Alliance's Apps
Chinese regulators are concluding their probes into ride-hailing platform Didi, digital freight platform Full Truck Alliance, and online recruitment platform Kanzhun, in preparation of lifting the current ban on adding new users.
miHoYo's 'Zenless Zone Zero' Surpasses 20 Million Pre-registrations, Set for Console/PC/Mobile Release This Year
On Tuesday morning, miHoYo confirmed that their upcoming game "Zenless Zone Zero" has surpassed 20 million pre-registrations across all platforms. The game, which is set for release in 2024, had already secured its license in October 2023.
Mixue and Goodme Simultaneously Submit Applications to Hong Kong Stock Exchange
On January 2nd, Chinese tea brand Mixue and Goodme simultaneously submitted their Kapbook to The Stock Exchange of Hong Kong.
Baidu Plans to Integrate Ernie Bot into Multiple Products
Robin Li, CEO of Baidu, a Chinese tech giant that is planning to launch a new generation of its large language model Ernie Bot in March, issued an internal letter on February 22 to further introduce the ChatGPT-style chatbot and the development of AI technology.
NIO Secures $2.2 Billion Investment from Abu Dhabi-based CYVN Holdings
Chinese electric vehicle manufacturer NIO revealed on Monday that it has signed a share subscription agreement with CYVN Holdings L.L.C.,. Under this agreement, CYVN will make a total cash investment of US$2.2 billion in NIO.
Virtual Power Plant Firm Vpptech Bags Tens of Millions of Yuan in Pre-A Funds
Virtual power plant operations and technology provider Vpptech has completed a pre-A round of financing worth tens of millions of yuan, following joint investment by Sequoia China Seed Fund and China Merchants Venture.
8/24/20223 min read
OnePlus 10-Year Flagship Model OnePlus 12 Officially Released
OnePlus 12 can be fully charged in 26 minutes under wired charging, and it only takes 55 minutes to charge the phone to 100% under wireless charging.
"Copy to China" Companies that Just Aren't Fitting In Well
Let’s rewind back to the first 20 years of Internet development in China and talk about its business model. What everyone did back then was "Copy to China". We ...
Leap Motor Secures Major Investment, Shares Surge Amid Expansion Plans
Chinese EV maker Leap Motor has recently secured a strategic investment of HKD 659 million, following the Stellantis Group's previous investment of 1.5 billion euros.
1/22/20242 min read
Faraday Future Promotes Founder Jia Yueting to Executive Officer
Faraday Future, an intelligent electric mobility company, on March 1 announced a decision to restore founder and Chief Product and User Ecosystem Officer Jia Yueting’s Section 16 officer and executive officer status.
3/2/20232 min read
Alibaba is on the heels of Amazon
Gap of Market Value between Alibaba and Amazon is Just 1.3% Narrowing Nearly 100 Billion Dollars in Past Two Months. By September 22nd, Amazon’s market value w...