
Alibaba Increases its Stake in YTO Express by 12%
Alibaba Group Holding Ltd. and Shanghai YTO Express (Logistics) Co., Ltd. signed a strategic cooperation agreement Tuesday, with Alibaba raising its stake in YTO by 12%, YTO’s statement showed.
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Alibaba Group Holding Ltd. and Shanghai YTO Express (Logistics) Co., Ltd. signed a strategic cooperation agreement Tuesday, with Alibaba raising its stake in YTO by 12%, YTO’s statement showed.
WeRide, an autonomous driving company, has received a strategic investment from Chinese automaker Guangzhou Automobile Group (GAC Group).
Chinese tech giant Huawei and retail platform GOME Holdings are in talks to cooperate on digital retail upgrades. Both parties are very likely to build a digital operation system centered on the consumer experience.
Chinese smart driving chipmaker Horizon Robotics on Wednesday officially became a strategic partner of JueFX, an autonomous driving solutions provider.
On August 30th, SMEC announced its plan to establish a holding subsidiary and engage in related transactions.
RoboSense, a smart LiDAR system technology company, announced on Friday a strategic partnership with DeepRoute.ai, an L4 autonomous driving company.
BYD, a Chinese EV maker, announced on Tuesday that it had held a signing ceremony for its strategic cooperation framework agreement with RoboSense, a smart LiDAR sensor system company.
Stellantis NV, the second largest car manufacturer in Europe, is considering partnering with a Chinese electric vehicle company including Leapmotor to enhance its influence in China, the world's largest automotive market.
Horizon Robotics and SAIC-GM-Wuling formally reached a strategic cooperation arrangement on January 14.
Tencent Music Entertainment Group (TME), the leading online music and audio entertainment platform in China, announced on August 31 a new partnership with global music media brand Billboard.
AllRide.ai announced a strategic cooperation agreement with Freetech on Tuesday. Both parties will leverage their respective resources and advantages in intelligent driving and vehicle infrastructure cooperative systems.
AMD China announced on domestic social media platform Weibo on Tuesday that it has reached a chip supply cooperation with NIO, a Chinese electric vehicle company. However, a NIO executive responded twice to deny news of cooperation.