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Cotti Coffee, a new coffee brand created by Luckin Coffee's original core team, opened its first store in Shanghai in November, situated next to an outlet of its competitor, Starbucks. The coffee brand is also the sponsor of Argentina, the 2022 World Cup champion.
For a number of China’s export-dependent manufacturers, the pandemic was a big blow as some Chinese companies saw their export orders had decreased greatly.
The stock price of China’s most popular hotpot chain Haidilao came to a low this week with the company's market value plunging over 50% after an extensive expansion during the Covid epidemic.
According to a disclosure by an Ericsson employee on social media, there has been a major personnel adjustment at Ericsson's R&D Center in Guangzhou.
Ant Group released an app today called "Yuque," a Google Docs-like tool for online document editing and collaboration, available for Android and iOS.
Qualcomm announced during its Computex press conference today that it will launch the first Snapdragon-powered 5G PC with Lenovo.
Global tech firm Alibaba is testing an app called "Taibang", a social e-commerce community focused on trendy youth culture.
Chinese battery giant Contemporary Amperex Technology Co., Limited (CATL) recently signed a strategic cooperation memorandum with Thailand's Arun Plus to collaborate on battery-related businesses in the region
Beijing-based tech giant Xiaomi has reportedly initiated a new round of layoffs. Furthermore, two enterprises that have received major Xiaomi backing – Black Shark and ZMI – have also been exposed to extensive layoffs.
Smart car chip firm Cambricon SingGo announced on September 22 that it has received investment from Robert Bosch Venture Capital GmbH (RBVC) under Germany's Bosch Group.
Liu Jiaming, Chairman of Tencent's WeSure, an insurance platform, officially left the job on July 15, and will soon join Animoca Brands, a Hong Kong-based mobile game development company, as the chief commercial officer (CBO).
Chinese AIoT giant Xiaomi has launched a Xiaomi Watch app in cooperation with local premium EV-maker NIO.