SAIC Motor Corp. Ltd reached an agreement to buy 28.92% of the share of car rental service provider Car Inc at the price of HK$ 1.9 billion.
While Microsoft announced on Friday to permanently close its physical stores in the US, Australia, and etc, it will continue running its stores in China.
Though hit by COVID-19 pandemic, Meituan Dianping's market value rocketed, becoming the third most valuable internet company in China.
While authorities found Luckin Coffee Inc paid taxes on bogus transactions, its CEO said their business model is correct and willing to participate in any investigations.
Though influenced by the COVID-19 pandemic, NIO's losses are narrowing. What's more, NIO has reached agreements with investors for investment in China.
Despite the impact of the recent coronavirus pandemic, China's esports market is projected to reach 140.57 billion yuan in size by the end of 2020.
Apple CEO Tim Cook said his company would temporarily close all retail stores outside Greater China until March 27.
Beijing-based ByteDance, the owner of global short video app TikTok and Chinese news aggregator Toutiao, has appointed new China heads.
STARFIELD, the largest domestically funded artificial meat startup in China, has recently completed a round of financing worth tens of millions yuan.
Japanese automobile giant Toyota is preparing to build a new energy vehicle plant with an annual capacity of 200,000 units in the Chinese city of Tianjin.
Due to the continuous increase in the number of Chinese developers, China has become the largest market for GitHub outside the United States.
While Apple’s new iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max will not be available in stores until September 20, online pre-sales for the new handset have exceeded expectations by a landslide.
American wholesale company Costco’s CFO, Richard Galanti, disclosed that the company will be adding a second store in Shanghai by next year at the earliest.
Los Angeles-based sneaker trading and authentication platform GOAT has marked its entry to the Chinese market with a giant black "shoe box”.
American e-cigarette brand JUUL will officially enter the Chinese market and is reported to be negotiating terms for distribution channel cooperation with Tmall and JD.com.