Featured Archives - Page 3 of 55

Alibaba Personnel Changes, Eddie Wu Concurrently Serves as CEO of Taobao＆Tmall Group

Eddie Wu, the CEO of Alibaba Group and Chairman of Taobao＆Tmall Group, will also serve as the CEO of Taobao＆Tmall Group.

Douyin and Ele.me Both Deny Acquisition Rumors

Douyin and Ele.me both deny acquisition rumors, stating that their collaboration has been steadily progressing but there are no plans for acquisition.

NIO Secures $2.2 Billion Investment from Abu Dhabi-based CYVN Holdings

Chinese electric vehicle manufacturer NIO revealed on Monday that it has signed a share subscription agreement with CYVN Holdings L.L.C.,. Under this agreement, CYVN will make a total cash investment of US$2.2 billion in NIO.

Chinese Supply Chain Ready to Produce 1 Million Units of Apple Vision Pro Annually

Chinese firms have cracked OLEDoS display production, setting the stage for an annual output of 1 million Apple Vision Pros.

XPeng Motors: Volkswagen Completes Over $700 Million Investment

On December 6th, XPeng Motors announced that Volkswagen's investment in XPeng has been completed, with a subscription amount of approximately $705.6 million.

OnePlus 10-Year Flagship Model OnePlus 12 Officially Released

OnePlus 12 can be fully charged in 26 minutes under wired charging, and it only takes 55 minutes to charge the phone to 100% under wireless charging.

Li Auto Plans Overseas Expansion to the Middle East

Chinese EV maker, Li Auto, is planning to expand its operations overseas next year, targeting initial markets in the Middle East and possible North African countries, according to multiple sources.

Tesla Global VP Grace Tao: Tesla’s Development Relies on Local Supply Chain Support in China

Recently, Grace Tao, Vice President of Tesla Global, emphasized the importance of the Chinese supply chain for Tesla's development in an interview with the media.

SHEIN Covertly Files for US IPO, Valuation Could Surpass $80 Billion

Chinese fast-fashion e-commerce platform, Shein, has reportedly submitted an application to the U.S. Securities and Exchange Commission in secret, to prepare for a U.S. listing. It will be one of the largest IPOs in the U.S. securities market in recent years.

Douyu CEO Arrested for Alleged Crime of Operating a Gambling House

Chengdu Public Security Bureau released an announcement on November 22, stating that Chen (male, 39 years old) is suspected of running a gambling establishment.

ByteDance Is Considering Selling A Game Studio Valued at ＄4 Billion

According to informed sources, ByteDance is considering selling its subsidiary game studio MOONTON Games in order to streamline operations and focus on core business.

Analyzing HUYA 2023 Q3 Financial Results: Solidifying Long-term Development by Pushing Strategic Transition, while Executing Share Repurchase Program

HUYA Inc. released its third quarter financial results on Tuesday, recording quarter-on-quarter growth of 3.7 percent in Huya Live’s mobile MAU, reaching 86 million, with total net revenues standing at 1.65 billion yuan ($225.8 million).

Alibaba Personnel Changes, Eddie Wu Concurrently Serves as CEO of Taobao＆Tmall Group

Douyin and Ele.me Both Deny Acquisition Rumors

NIO Secures $2.2 Billion Investment from Abu Dhabi-based CYVN Holdings

Chinese Supply Chain Ready to Produce 1 Million Units of Apple Vision Pro Annually

XPeng Motors: Volkswagen Completes Over $700 Million Investment

OnePlus 10-Year Flagship Model OnePlus 12 Officially Released

Li Auto Plans Overseas Expansion to the Middle East

Tesla Global VP Grace Tao: Tesla’s Development Relies on Local Supply Chain Support in China

SHEIN Covertly Files for US IPO, Valuation Could Surpass $80 Billion

Douyu CEO Arrested for Alleged Crime of Operating a Gambling House

ByteDance Is Considering Selling A Game Studio Valued at ＄4 Billion

Analyzing HUYA 2023 Q3 Financial Results: Solidifying Long-term Development by Pushing Strategic Transition, while Executing Share Repurchase Program

Zeekr Ready for NYSE, Valuation exceeds $13 billion

NIO’s Sub-brand Alps Starts Laying off Employees

ByteDance’s PICO Announces Lay-off Plans

NIO CEO: 10% Position Cut by End of the Month

Alibaba Cloud CTO Announces Creation of Comprehensive Large-Scale AI Model Training Platform

California Governor Visits Tesla’s Shanghai Gigafactory

Vivo’s OriginOS 4: Supports Superpower Semantic Search, Will Be Released on November 1st

PICO Stops Burning Money for Expansion, Team Size Significantly Shrinks

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