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Xiangdixian acknowledged that they are indeed "facing certain market adjustment pressures," but emphasized that they had not taken steps toward dissolution or liquidation.
Alibaba features more than 290,000 brands for the 14th edition of its 11.11 Global Shopping Festival. This year, the internet giant has equipped merchants with tools and solutions to grow their brand loyalty membership programs to help them succeed during and beyond 11.11.
Recently, the official Weibo account of BYD released the sales figures for different models in April, including the BYD Song PLUS series, DENZA, as well as the BYD Dynasty and Ocean series.
The emergence of generative artificial intelligence (AI) models, such as ChatGPT, has sparked severe competition. China's focus on ensuring compliance with this technology is driving the implementation of regulatory measures.
Apple may face a naming controversy with its newly launched mixed reality (MR) headset, the Apple Vision Pro. Reports suggest it shares its name with a trademark registered by Huawei four years ago.
On May 10, Alibaba's global headquarters located in Hangzhou was officially put into use.
Insiders say that SenseTime is considering separating its autonomous driving and healthcare businesses for separate financing.
Meizu, a Chinese smartphone manufacturer acquired by a venture under Geely's chairman last year, will open a new three-story flagship store which may be used to sell vehicles.
Regarding the rumors of DeepSeek releasing the next generation R2 model on March 17, the official account of DeepSeek responded: 'The release of R2 is fake news.'
LinkedIn, which had previously shut down its social networking features in China two years ago, announced on May 9th that it has decided to discontinue InCareer, its local job application in China, effective August 9th.
In the first month of the year, there was a change in the landscape of NEV makers. XPeng Motors surpassed Li Auto to become the monthly sales champion.
On December 17th, William Li drove NIO ET7 from Shanghai to personally test the endurance of the 150 kWh battery pack.