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ATRenew, a leading Chinese platform for pre-owned consumer electronics trading and recycling, announced robust financial results for the fourth quarter and full year of 2024 on March 11, highlighting strong revenue growth and profitability driven by accelerating trade-in services and diversified product offerings.
During an internal Huawei meeting on December 8, Richard Yu, the head of the firm's consumer and automotive units, said that vehicle operations should become profitable in 2025.
Chinese telecom giant Huawei announced on Monday that it will invest more than $1 billion in researching and developing self-driving and electric vehicles this year.
Tesla's sales department in China mainly laid off new employees within six months, providing compensation of 0.5N+3.
On July 31, Beijing-based autonomous driving unicorn Momenta abruptly eliminated its entire automotive aftermarket division, involving more than 100 employees in total, sources told Pandaily.
In the first half of this year, NIO proactively contacted a leading domestic dealer group and conducted some "experiments" on opening up the dealership model for its subsidiary brand, Alps.
A "press release" about the cancellation of the traffic restrictions based on the last digit of license plate numbers by a local government in China went viral on February 16. After tracking the actual publisher, it was determined to have been written by ChatGPT, generating wide concern about AI-generated fake news.
Beijing-based internet technology firm and TikTok creator ByteDance has recently acquired cinema ticketing platform Leyinghui (Shanghai) Cultural Media Co., Ltd., and comic platform Yizhikan.
Singles' Day culminated in a frenzy of promotions on Friday, although lackluster consumer activity may reduce some of its shimmer.
Mobile payments accounted for 82 percent of all payments on the Alipay platform in 2017, according to an Alipay report published on January 2. Many people in Ch...
Shenzhen-based automotive company BYD announced on August 27 that it will launch a variety of new energy vehicle models for the European market this fall, including the BYD Tang, Han and Yuan PLUS.
If you ask a foreigner about Chinese beer brands, most of them would first come up with Tsingtao beer, the one named after Chinese coastal city Qingdao. Looking back over a century ago, the colonial past of the city is closely intertwined with the history of the breweries.