shenzhen Archives - Page 10 of 11

Smart 3C Leasing Platform WOAIZUJI Completes A Round of Financing Worth Tens of Millions of Yuan

The smart 3C products leasing company, Shenzhen WOAIZUJI Technology Co., Ltd, announced that it had completed its Series A funding round worth tens of millions of yuan, led by Jinhua Ruichi Investment Management Co., Ltd.

First Batch of Companies under ChiNext New Registration-Based IPO System Kick off Trading under New Rules

ChiNext, which has been in operation for more than ten years, has ushered in its biggest reform: piloting the registration-based IPO system.

Shenzhen Announces to Achieve Citywide 5G Coverage

Shenzhen has attained comprehensive and stand-alone 5G coverage and leads its peers in entering the 5G era.

Huawei Invests in Newly Established Venture Capital Fund Hongtu Shanli

Huawei invested a total of 200 million yuan and became limited partners (LPs) of the Shenzhen Hongtu Shanli Private Equity Investment Fund Partnership.

Le.com Enters 30-Trading-Day Delisting Period

Chinese online video company Le.com, or Leshi Internet, announced that it had entered the delisting period on the Shenzhen Stock Exchange from June 5.

Shenzhen’s First 60 Days Since COVID-19 Outbreak: From Crisis to Normalcy

Temporary self-restraint will pay off when the spring finally comes.

Seeed Studio CEO Eric Pan: ‘Maker Movement is at very low tide, and I hope it’s the lowest of tides.’

Having started Seeed Studio in 2008, Eric is not only one of the most respected entrepreneurs in Shenzhen, but also the founder of the oldest local maker space Chaihuo, and its subsidiary X.factory.

One Border, Two Prices: How Hong Kong Nurtures an Underground Smuggling Economy

Chinese Movie ‘The Crossing’ officially went on air around the world last Friday. While the movie may have a theme on youth, relationship, and identity recognition, the cross-border experiences described in the story revealed the larger implication of this existing Hong Kong-Shenzhen border.

Blockchain differences between Chinese cities

A city is not only a division of geographical location, but also a competitive entity for new technology. When a new technology emerges, there will be local adoption that creates new urban economic growth factors and a new perception of the city. For major cities, blockchain is a rare technical gift.

Didi Rideshare was Most Popular in Chengdu during the Spring Festival

On February 23, Didi released data on inter-city ridesharing during the Spring Festival. During the first week following Chinese New Year’s Eve (from February 15 to 21), 3.7 million people traveled between cities by Didi ride-share.

482 Shenzhen Companies Account for 10% of CES Exhibitors

The Consumer Electronics Show (CES) in Las Vegas next week will attract about 4,500 companies and organizations, including major players such as Samsung, LG and SONY, as well as smaller companies, Consumer Technology Association reported. Every year, CES exhibitors sell and promote products the hottest consumer electronics trends.

Mobike Lite Lands in Shenzhen with 1-Second Unlock Times

Mobike launched Mobike New Lite, its latest model of bicycle, on September 22. After a two-month wait, the new models were finally available in Shenzhen’s Futian District, the company announced. The other districts will follow in the coming weeks.

Xiaomi Flagship Opens in Shenzhen as White MIX2 Arrives Early

The world’s first Xiaomi flagship store opened on November 5 in Mixc Shopping Mall, Shenzhen. Lei Jun, founder and chairman of Xiaomi, was present at the ceremony with 11 Xiaomi partners and Xiaomi President Lin Bin.

Didi’s Challenges

Didi Chuxing is the largest unicorn company in China valued at 50 billion USD. Over the past three years, not only did the company’s valuation grow in double digits, its investors also witnessed the highest rate of return ever of over ten thousand folds. However, despite the rapid expansion growth Didi is experiencing, the company […]

Shenzhen will Pilot Smart Bike Dock Lock for Shared Bikes

The reporter learns from Shenzhen Road Management Center that Shenzhen plans pilot smart dock lock of shared bikes. When residents return bikes in demonstration region, lock pile could read label and automatically lock bikes. The demonstration site, located in Yuehai Sub-district, Nanshan District in Shenzhen, will set up 30 parking areas, 2000 lock piles and […]

More details about Alibaba’s investment in Cainiao

On September 25, in a bid to further fuel the progress of its “new retail” strategy, Alibaba announced that it intends to raise its stake in its affiliate—Cainiao Network and pledged 100 billion yuan investment in next five years to the logistics arm that had already received tens of billions yuan to expedite leading global […]

The Chinese hackers made $3000 by hacking into shared bike accounts

On September 25th, the Shenzhen City Procuratorate arrested two suspects—Yang and Wu—on the suspicion of using third-party software to modify personal accounts on shared bicycles and over 20,000 RMB (around $3000) from 34 different users. It is noticed that shared bicycle companies always launched a variety of promotions and gave out red pockets to users. […]

Mobike Reached Strategic Partnership with Shouqi Limousine & Chauffeur

One account can be used in both Mobike and Shouqi Limousine &Chauffeur and which do you prefer, this combination or Didi +ofo? Today, Mobike announced its cooperation with Shouqi（首汽约车）. They will cooperate in APP docking, service connectivity, user synergizing, brand marketing and technology R&D. If users upgrade to latest version of Mobike APP, they can […]

ofo Investor Says it is Profitable Only When Mobike Merges with ofo

On the Third Fudan Chief Economist Forum in Shanghai, when talking about sharing bicycle development, Allen Zhu, the managing director of GSR Venture and investor of ofo, said that Mobike and ofo accounted for 95% of the total market share, but they still would spend more fund in operation. Profitability is possible only when the […]

Ant Financial will launch Face ID for package pickups

On September 14, Alipay and Cainiao Global held the Global Logistics and Supply Chain Conference (GLSC) in Shanghai, and announced that they will provide services for SMEs form the most basic payment to marketing, credit, and finance businesses. At the same time, the Ant Financial will use face recognition technology in the logistics industry, so […]

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