
Chinese Home Appliances Giant Midea to Mass Produce Parts for New Energy Vehicles
Midea Group has announced its foray into the new energy vehicle (NEV) market with plans to produce a range of components and control systems for cars.
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Midea Group has announced its foray into the new energy vehicle (NEV) market with plans to produce a range of components and control systems for cars.

DJI’s Public Relations Director Xie Tiandi relies to a falsely interpreted report about the company's layoff figure.

KE Holdings Inc. announced that founder Zuo Hui passed away on May 20, 2021 due to something described by the company’s press team as “an unexpected worsening of illness.” The exact illness was not specified.

A rumor appeared recently that Midea Group, a home appliance enterprise, had begun mass internal layoffs. On May 19, Midea responded that this year, the company has decided to shrink its non-core business and suspend its non-operating investment.

During the Spring Festival, Meituan Takeout maintained normal operations and allowed customers to make reservations for Chinese New Year’s Eve dinner. Data rele...

Danny Lan, founder of West Lake Xinchen, an AI service enterprise in China, denied rumors that the company was considering acquisition by Wang Huiwen, one of the first entrepreneurs to aim at creating the Chinese version of OpenAI.

One of Tencent's key e-commerce businesses, "Xiao'e Pinpin," will be shut down soon, while its employees will be transferred to other departments.

This week: Chinese stock photo provider Visual China Group launches NFT platform, Xinhua News Agency issues NFTs on Tencent's Enterprise blockchain, Gucci announces collaboration with Chinese IP Marsper, and more.

On October 10, China's ByteDance launched a new loan service app called “Manfen” (“full score“ in Chinese).

Meituan is testing a service called "Local Eating". This service is embedded in the Meituan App's food delivery service and is similar to a takeout version of "Xiaohongshu."

On Wednesday, Chinese tech giant Tencent released its first quarter financial report. In the first quarter of this year, Tencent achieved a revenue of 135.47 billion yuan ($20 billion), which the company considered stable.
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