Richard Yu Steps Down as CEO of Huawei Consumer BG
Richard Yu (Yu Chengdong) will serve as the chairman of the Huawei Terminal BG, and He Gang, the former COO of Huawei Terminal BG, will take over as the CEO of Huawei Terminal BG.
Category: News
Showing 12 of 985 posts in this category
Zeekr to Enter the Japanese Market in 2025
In a recent interview with Japanese media, Chen Yu, the Vice President of Zeekr, the electric vehicle subsidiary of Geely, announced Zeekr's plans to enter the Japanese market by 2025.
8/13/20242 min read
TikTok Launches E-Commerce Services for US Users in October
TikTok officially launched e-commerce services in the United States, and starting in early October, all American users will be able to see the entrance on the homepage.
9/13/20233 min read
McDonald's Aims to Expand to 10,000 Stores in China by 2028
As of December 31, 2023, McDonald's China had 5,903 stores, with 925 new stores added throughout the year, achieving the annual target of adding 900 stores, setting a new record in store opening speed.
2/7/20243 min read
Geely-backed Caocao Mobility Changes Legal Representative
Hangzhou Youxing Technology Co., Ltd., the parent company of Caocao Mobility, has recently completed a change in legal representation. As a result, Liu Jinliang will no longer serve as its legal representative.
12/16/20212 min read
CATL's Third European Battery Plant Lands in Spain
On December 10th, CATL and Stellantis, the world's fourth-largest automotive group, inked a deal, each holding a 50% stake to form a joint venture.
12/12/20243 min read
CEO Jiang Fan Outlines Future Strategies as Alibaba International Exhibits Steady Growth Driven by AliExpress in December Quarter, 2023
On Feburary 7, Alibaba released its financial results for the quarter concluding on December 31, 2023. Alibaba's International Digital Commerce Group (AIDC) largely surpassed expectations, delivering an impressive performance with a 44% year-on-year increase in revenue, and an overall orders growing by 24% year-on-year.
2/13/20245 min read
Xi Jinping Announces Full Removal of Restrictions on Foreign Investment in Manufacturing Sector
On the opening ceremony of the 3rd Belt and Road Summit being held in Beijing today, Chinese President Xi Jinping stated that China will lift all restrictions on foreign investment access in the manufacturing sector.
10/18/20233 min read
ByteDance Continues Development of AI Wearable Devices
An insider reveals that ByteDance founder Zhang Yiming is highly interested in the exploration of AI hardware.
5/30/20243 min read
Meituan's Rental Service Expands to Over 40 Cities in China, Aiming for Nationwide Coverage by Year's End
According to insiders, Meituan's rental service is part of Meituan's homestay business, mainly catering to various medium and short-term rental needs such as tourism, business travel projects, and health travel.
Apple CEO Tim Cook Highlights Partnership in Sustainability Goals at China Forum
To date, Apple and its global suppliers support more than 15 gigawatts of renewable energy capacity, with a significant portion of these projects based in China.
Luckin Coffee Eyes for the US Market, Accelerating Its International Expansion
Luckin Coffee is reportedly planning to enter the US market as early as next year, preparing to beat competitors like Starbucks with its low-priced drinks.
10/29/20242 min read