Quxiaomian Founded by Former Chairman of Luckin Coffee Seeks Financing Despite Slow Expansion
Quxiaomian, a restaurant founded by Charles Lu Zhengyao, former chairman of Luckin Coffee, is seeking a new round of financing.
9/18/20213 min read
Category: Industry
Showing 12 of 6378 posts in this category
Kuaishou to Start Alpha Tests for Creator Version of App
Wang Jianwei, Senior Vice President of Kuaishou, revealed at the company's 2022 Photosynthetic Creators Conference on July 29 that the firm will be conducting alpha tests of a creator version of its short video app this year.
7/29/20223 min read
China Accepts Junshi Biosciences' COVID-19 Drug Application
Junshi Biosciences, a Chinese biopharmaceutical company, announced on January 18 that the country's medical products authorities had accepted a new drug application for Deuremidevir Hydrobromide Tablets (project code: JT001/VV116) for the treatment of COVID-19.
1/18/20233 min read
Battery Maker CATL's Founder Becomes Richest in Chinese Automobile Industry
The Hurun Research Institute released the firm's "2022 Hurun Global Rich List" on Thursday. Among the top 500, 16 people (including two couples) involved in China's automobile industry made the list.
3/18/20222 min read
Chinese Structural Biologist Nieng Yan Says Family Among Reasons for Return Home
Nieng Yan, a Chinese structural biologist and dean of the Shenzhen Medical Academy of Research and Translation, stated in a December 18 Weibo post that family is one of the main reasons behind her recent return to China, also discussing her parents' experience of being infected by COVID-19.
Cross-Border Travel between Mainland China, Hong Kong and Macao to Resume Next Week
Cross-border travel between mainland China, Hong Kong and Macau will fully resume from February 6, with no advanced reservation requirement and no cap on the number of passengers arriving from these two special administrative regions via land ports in Guangdong province.
Former Apple Supplier OFilm Anticipates Up to $10M in Q3 Losses
OFilm announced that it expects net losses of 58-70 million yuan ($9.01-$10.88 million) in the third quarter, compared to profits of 237 million yuan during the same period last year.
10/14/20213 min read
Rokid Glasses Released, AR Glasses Enter the Consumer Era
On November 18th, Rokid launched a new generation of AI + AR glasses in collaboration with BOLON, named Rokid Glasses, showcasing its rich content ecosystem to the industry.
Tencent Launches New XR Business
Tencent has launched a new business - Extended Reality (XR) - and has recently started an internal reshuffling of staff to take on the new business. Tencent has not responded to this report yet.
2/15/20223 min read
Seres Considers Listing in Hong Kong to Raise Over $1 Billion
Huawei's EV partner Seres is considering a secondary listing in Hong Kong. The secondary listing may help the company raise over $1 billion.
12/16/20241 min read
Nio Unveils "Gemini" as Code Name for New Premium Model, Quashes Rumors of Entry-Level Release
Chinese electric vehicle (EV) maker Nio has clarified that the new model to be launched next year will maintain the brand's high-end positioning, ending speculations that Nio would launch a less expensive entry-level car.
6/8/20213 min read
Chinese People’s Assets Management Style Changes as More People Buy Financial Products: Report
More Chinese people are buying financial and investment products and the proportion of adults using electronic payments is increasing, a report showed on Thursday.
10/16/20203 min read