9 Chinese provinces issue blockchain guidance
Although there is controversy over encrypted digital currency, research and development of blockchain technology is fiercely competitive. Blockchain has become ...
Category: Industry
Showing 12 of 6378 posts in this category
NIO Temporarily Suspends Production for Five Working Days Due to Semiconductor Shortage
Chinese electric vehicle (EV) manufacturer NIO announced last Friday that it would halt production at its JAC-NIO manufacturing plant in Hefei, the capital of the Anhui Province, beginning from today.
3/29/20213 min read
Tesla: Payment Cycle to Supply Chain Companies Shortened to 90 Days in 2024
Tesla's VP, Grace Tao, confirmed that in 2024 Tesla has further shortened payment cycles for supply chain companies to around 90 days.
ByteDance Launches Home Decoration App Zhuhaojia
Zhuhaojia, the self-operated home decoration unit of Beijing-based TikTok owner ByteDance, has recently launched an independent app, indicating that the tech giant has separated this business division.
12/23/20222 min read
HeyTea Completes Financing Round Worth $500 Million, Raising Market Value to $9 Billion
Chinese milk tea chain HeyTea on Tuesday announced it has secured $500 million in new financing, led by IDG Capital, He Boquan, Longzhu Capital, Sequoia China, BA Capital, Tencent, Hillhouse Group, Coatue and other investors.
7/14/20213 min read
Xiaomi E-Commerce Platform Youpin Appoints New General Manager
Xiaomi Youpin, an e-commerce arm operated by leading Chinese electronics manufacturer Xiaomi, has undergone changes to its management.
4/26/20223 min read
Amazon Global Selling's First Innovation Center Settles in Shenzhen
At the recently held 2023 Amazon Global Selling Seller Conference, Amazon Global Selling's Asia-Pacific Innovation Center settled in Qianhai, Shenzhen.
Huawei Denies Electric Vehicle Rumors, Will Assist Manufacturers to Improve Cars Instead
Chinese smartphone maker Huawei has denied that the company is planning to design an original electric vehicle (EV) or produce its own branded car, refuting a Reuters report which cited people claiming knowledge on the matter.
3/1/20213 min read
Pinduoduo Partners with Midea to Offer A Million Customized Washing Machines
On March 8, Pinduoduo, a leading e-commerce platform in China with over 730 million users, established a partnership with Midea, the country’s largest consumer electronics brand.
3/10/20212 min read
Open Apology from CEO of Toutiao Following the Ban of Neihan Duanzi
Zhang Yiming, founder and CEO of Toutiao, issued an open apology on morning of April 11th, stating that Toutiao, one of the largest news and information content...
4/11/20188 min read
Four New Great Inventions of China: Over 1B Monthly WeChat Users
On March 5, the first session of the 13th National People's Congress (NPC) opened in Beijing's Great Hall of People. NPC members Pony Ma, Wang Yaping, and Xu Li...
Chinese Internet Companies Collected Income of $222.57 Billion Jan-Nov 2021, a YoY Increase 22.3%
From January to November in 2021, the country's internet and related service enterprises with annual sales revenue above 5 million yuan together completed business income of 1,415.5 billion yuan ($222.57 billion).
12/31/20213 min read