Showing 12 of 256 posts with this tag
In the two weeks since Chinese authorities announced a major easing of COVID-19 control measures, a decrease in both supply and demand for urban vehicular transportation has caused order volumes on several leading domestic ride-hailing platforms to fall sharply.
Yang Zhenyuan, Vice President at ByteDance, said that the company has no general-purpose chip plan and is not involved in businesses such as the manufacturing of CPUs and GPUs.
ByteDance is testing the paid novels market. The company had recently launched the "Douwen Novel" App which is meant to be a small scale version of a potentially larger business push later on.
On April 25, Tencent's Robotics X lab announced the latest progress in robot research and launched a dexterous hand, TRX-Hand, and a mechanical arm, TRX-Arm.
Pinduoduo took six years to build an online marketplace that serves almost 800 million paying customers - and that was not their only unprecedented feat.
In last week’s VC news, Hillhouse Capital Group plans to set up a 5 billion yuan fund, Airwallex bags $100 million at a $5.5 billion valuation and more.
Suzhou-based Enkris Semiconductor Inc. announced on Thursday that it has secured several hundred million yuan in round B+ strategic financing.
Hongsong, an online interest community for middle-aged and elderly Chinese people, announced that it had recently obtained financing worth 100 million yuan.
After declaring that it will unveil a series of monitors on December 12, Chinese electronics brand OnePlus announced that it will cooperate with Keychron to launch a mechanical keyboard supporting full customization.
China's intelligent vehicle market is significantly ahead of Europe and the United States, said Zhang Kai, the chairman of Beijing-based autonomous driving company Haomo.AI Technology Co., Ltd., at the company's sixth AI Day event held on September 13.
Jin Cunzhong, Executive Deputy Secretary General of China Electronic Production Equipment Industry Association (CEPEA), introduced the current situation of China's semiconductor equipment industry.
Inner Mongolia Huayao Photoelectric Technology Co., Ltd. (Huayao Photoelectric ), a photovoltaic materials manufacturer, recently completed a financing round totaling nearly 400 million yuan ($62.9 million).