China Positioned to Lead the World in Electric Autos
A BYD Tang was sighted in the parking lot of Chrysler's headquarters in Auburn Hills, Michigan in June. Chrysler purchased the vehicle as a reference for its fo...
Category: Industry
Showing 12 of 6378 posts in this category
Huawei Launches Portable Power Station/Solar Generator iSitePower-M Mini
Huawei launched two outdoor power stations in the Chinese market on Monday. The company claims that the power station is a necessary partner for outdoor camping.
11/23/20212 min read
Food Delivery Giant Ele.me Joins Hands with Beijing Daxing International Airport
Passengers at Beijing Daxing International Airport now can have their food delivered to the departure gate as the one-year-old hub is collaborating with Alibaba-affiliated food delivery platform Ele.me.
11/5/20202 min read
Livestreaming Unit of Chinese Video Platform Bilibili to Start Layoffs, Source Says
Shanghai-based video platform Bilibili's livestreaming business unit is planning internal layoffs, with a list of employees to cut having been preliminarily drawn up.
4/18/20222 min read
Soho China's Stock Tumbles 35% After Deal Falls Through, What Will Owner Shiyi Pan Do Now?
This recent drop in the stock price might be attributable to the situation of Soho China and the couple Pan Shiyi and Zhang Xin, the controllers of the company.
9/13/20214 min read
Shares of NIO and Li Auto Soar, Xpeng Closes IPO ahead of Schedule
On Aug. 25, UBS boosted the rating of NIO from "sell" to "neutral" and bumped its price target from $1.00 to $16.30.
8/26/20203 min read
Meituan and Ele.me Launch Group Buying Food Delivery Services
The leading two companies in the domestic food delivery industry – Meituan and Ele.me – are now promoting "group buying food" services, while keeping a low profile.
4/20/20223 min read
How Mobile Gaming Conquered China
Chinese gamers have historically been staunch PC buffs, but it was rather a Hobson’s choice. From 2000 to 2015 buying an Xbox or a PlayStation was not an easy feat for local youths, since most consoles were simply banned from official sale.
Baidu Executive: The Death Rate of Traffic Accidents to be Reduced by 90% In Era of Autonomous Driving
Wei Dong, Vice President and Chief Safety Operation Officer of Baidu's Intelligent Driving Business Group, said in a recent speech that in the era of autonomous driving, the death rate in traffic accidents will be reduced by 90%.
10/13/20212 min read
Vision Deal Passes HKEx Hearing, Becoming the Exchange's Second SPAC
Vision Deal HK Acquisition Corp, a special purpose acquisition company (SPAC), has received approval following a listing hearing a few days ago. Citigroup and Haitong International Capital are serving as co-sponsors.
5/30/20222 min read
Tencent-backed Beike Raises $2.12B in US IPO
KE Holdings Inc., better known by its housing transactions platform Beike Zhaofang, sold $2.12 billion worth of shares on Thursday in a US IPO.
MiraclePlus Welcomes Investment from Sequoia, Former JD.com CEO After Y Combinator Exit
MiraclePlus RMB Fund I, L.P., recently completed a new round of funding, with Sequoia and former JD.com CEO Richard Liu among its investors.
6/17/20201 min read