NIO's Sub-brand Alps Starts Laying off Employees
After the announcement of organizational optimization by NIO's CEO Li Bin last Friday, NIO's sub-brand, Alps, has also started lay-off.
Tag: #Featured
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XPeng Revamps Its Marketing System
Chinese electric vehicle maker XPeng has restructured its marketing system by merging the auto trade and user development service teams and establishing over 20 sales regions in China.
Nongfu Spring Denies Using Ingredients from Fukushima in Soda Water
In response to public discussions, Hangzhou-based bottled water giant Nongfu Spring asserted that there were no ingredients imported from Fukushima, Japan, in its soda products.
6/28/20213 min read
What is Really Behind China’s Insatiable Craving for Luxury Goods?
No matter how much money some Chinese young professionals earn each month, their desire for luxury goods and lifestyle remains unsatiated. As another ‘Doub...
11/11/20185 min read
Beijing Stock Exchange Officially Launches With 81 Companies Participating in Trading
Among the first batch of 81 companies listed on the new bourse, 10 are new stocks and the remaining 71 have been transferred from the Selected Layer of National Equities and Exchange Quotations.
11/15/20212 min read
Debates Over ZAO and FaceApp Usher in the Era of Surveillance Capitalism
The internet chart-busters initiated not only a deluge of jubilant social media posts, but also a serious debate about the future of privacy, security and truth at a time when data sells better than oil.
NIO ES7 to Be Released on June 15
Chinese new energy vehicle manufacturer NIO will hold an online press conference on the evening of June 15 to release its brand-new SUV - ES7.
6/6/20222 min read
Amazon the Monopoly Takes on Unruly Chinese Firms
While many are convinced that Chinese sellers are receiving special treatment from Amazon, in the eyes of many Chinese merchants, Amazon is no friend at all. Rather, it is in part Amazon’s monopoly power that leaves them with no choice.
Celebrity Ice Hockey Player Rudi Ying: ‘Hockey is a Young Man's Game'
Rudi Ying, a promising 21-year old Chinese ice hockey player seized global attention when he was just nine years old. Some pundits speculate, if things goes well, he could be the future Jeremy Lin of ice hockey. We were glad to meet Rudi on the ice rink in between his training and matches.
10/31/201915 min read
Clubhouse Copycats Arise in China Following Ban of Audio Chatroom App
Following the Feb. 8 ban of the invite-only social media app Clubhouse, two copycat products have already been fully developed and launched in a race to replace the app within the domestic market.
Sea's E-commerce Platform Shopee Cuts Staff in China
Shopee, an e-commerce platform owned by Singapore's Sea Limited, will cut some jobs around the world. According to one Shopee employee in Shenzhen, the company has reduced at least one business line in the base to a third of what it was.
BYD Surpasses LG to Become World's Second-Largest EV Battery Supplier
A report released by leading South Korean consulting firm SNE Research on May 3 showed that Chinese company BYD has surpassed South Korean firm LG Energy Solution and ranked second with a market share of 16.2%.