
ByteDance Refutes Offering $1.4M Annual Salary to Poach OpenAI Talent
It was reported that ByteDance, TikTok's parent company, offered an annual salary of $1.4 million to poach talent of the ChatGPT R&D team from OpenAI.
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It was reported that ByteDance, TikTok's parent company, offered an annual salary of $1.4 million to poach talent of the ChatGPT R&D team from OpenAI.

Zhejiang Geely Holding Group is planning to raise $1 billion to help Lotus Cars enter China’s vast and growing EV market.

Alibaba’s Cainiao Smart Logistics Network announced that the platform would offer nonstop logistics service to 200 major cities in China over Chinese New Year.
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“Under the crush of Microsoft and piracies, Kingsoft software was indeed leading a very hard life. What put us through those times is that we still firmly believe that a good national software company has big opportunities."

China's coworking space provider Ucommune announced on Nov. 14 that it will close a $200 million Series D round of funding three months after its previous one, ...

26-year-old Chris is a marketing specialist at SHEIN, a lucrative fast-fashion company that has recently blown up on TikTok because of its formidable ability to churn out tens of thousands of cheap new products every day.

The 15 Chinese brands included in BrandZ’s Top 100 Most Valuable include: Alibaba, Tencent, China Mobile, CBC, Moutai, Huawei, etc.

On March 29th, it was announced that DiDi's autonomous driving service has become one of the first companies to receive a qualification for intelligent networked demonstration operations in Guangzhou. Recently, it officially started accepting orders in Guangzhou and charges fees based on actual mileage and usage time, as regular taxi services.

Didi Chuxing has set up a $10 million special relief fund for ride-sharing drivers and couriers diagnosed in its overseas markets.

On October 23, Shao Yang, the chief strategy officer of Huawei Consumer Business Group, described the new modifications as the '1+2+N' whole-house smart solution.

With the entry of Xiaomi SU7 with a starting price of 215,900 yuan, a new round of "price reduction wave" has started in the new energy market, intensifying competition.

Daily Journal Corporation, a publishing and software company chaired by Charlie Munger, said it has halved its investment worth $32.6 million in Chinese e-commerce giant Alibaba Group, a regulatory filing showed on Monday.