Stained by Fraud Scandal, Luckin Coffee Is Seeking a Path Out
The fraud scandal hasn’t knocked Luckin out of the ring: today, it remains China's second-largest coffee chain. How did Luckin survive the turmoil?
7/15/20218 min read
Category: Industry
Showing 12 of 6380 posts in this category
China Dominates Tech IPOs on the U.S. Market in 2018
Throughout the first three quarters of 2018, Chinese tech companies far outnumbered U.S. companies in filing for IPOs on U.S. stock exchanges, according to an I...
Xiaomi President Wang Xiang: Average Smartphone Price to Rise
Wang Xiang, President of Xiaomi, said that the company would add more high-end technologies to smartphones and will strive to make quality mid-to-high-end products.
5/20/20222 min read
China’s Meituan Refutes Claims that it Charges Subscribing Members Higher Delivery Fees
China’s largest food-delivery site Meituan has refuted claims that it took advantage of subscribing members by hiking up delivery fees, blaming it on issues with its real-time location system
Xiaomi Eco-Chain Opens 2017 Data: Sales Up 100%
Xiaomi eco-chain released its 2017 annual data on December 29, demonstrating sales in excess of 20 billion yuan – up 100 percent from 2016. SEE ALSO: Mi 7 Conc...
Luckin Shareholders Oust Chairman Charles Zhengyao Lu
Luckin Coffee Inc.’s shareholders voted to dismiss its chairman Charles Zhengyao Lu, days after the board of directors failed to do so.
7/6/20201 min read
China Leads the AI Industry with Second Most AI Enterprises
Railway stations in Beijing, Shanghai, Nanchang and other cities adopted facial recognition systems that identify each passenger in three seconds. Shenzhen Rail...
Saudi Digital Academy Signs Deal With Huawei to Develop Local Talent
The Saudi Digital Academy has signed a deal with Chinese telecommunications and electronics giant Huawei regarding the development of local talent in the technology sector.
2/7/20222 min read
Meituan Reports the World’s Highest Hotel Room Nights in Q2, Beats Booking and Expedia
Meituan's number of domestic hotel room nights stayed in Q2 2020 was 78 million, almost triple Booking’s results and four times that of Expedia.
9/1/20201 min read
Make Mixed Reality for Everyone: Interview with Nreal CEO Xu Chi
Pandaily had the opportunity to sit down with Nreal's CEO and co-founder Xu Chi to discuss his latest innovations and experiences in the mixed reality world.
3/3/20218 min read
Rumors Say Huawei to Hold New Product Conference in Mid-November
One digital blogger named "Jvchang Film Fans" on Chinese Twitter-like Weibo said today that Huawei will hold a conference in mid-November to launch some new products including a smart watch, a PC and FreeBuds Lipstick.
11/1/20212 min read
China NFT Weekly: PBoC's Hiring Spree
This week: Chinese tech giants tighten platform rules on digital collectibles as regulation remains uncertain, China strengthens control of capital outflow following US Fed's interest rate hike, and more.