NIO Provides Subsidy of Up to $2824.2 for Delayed Orders
Chinese EV maker NIO said that it will compensate customers who had recently placed orders to a total amount of 18,000 yuan ($2824.20).
12/3/20212 min read
Category: News
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Xpeng Founder He Xiaopeng Advocates for Focus on Efficiency, AI Integration, and Global Expansion for 2025
He Xiaopeng urged for shorter, more decisive meetings, early airline bookings, shared accommodation during work trips, and full use of AI tools to boost efficiency and cut costs.
Universal Music to Cease Licensing Music to TikTok and Publicly Accuses the Platform; TikTok Responds
In its announcement, Universal Music accused TikTok of "trying to build a music-based business without paying a reasonable price for the music."
1/31/20243 min read
Alipay Expands Focus to Content and Social Networking, Recruits Talent from Competitors
Alipay has been strategically recruiting talent from platforms such as Douyin and Xiaohongshu since last year. The focus has been on roles in operations and advertising to bolster its content strategy.
NVIDIA's H20 AI Chip for China Now Open for Pre-orders
NVIDIA's special edition AI chip, H20, specifically designed for the Chinese market, is now available for pre-orders.
Beijing Regulators Ban Forced App Downloads by Internet Firms
China's MIIT published a document in response to complaints from web users and media reports that some websites compel users to download an app while browsing the page.
3/3/20222 min read
Cybertruck Set for Anticipated Introduction to Chinese Market in Q1 2024
Tesla CEO Elon Musk said that while it's challenging to legally introduce the Cybertruck on Chinese roads, the company could consider shipping some models for static display.
Chinese Regulators Summon 11 Ride-hailing Firms Over Illegal Behavior
On Wednesday, five Chinese regulators have summoned and interviewed 11 ride-hailing firms, including Didi Chuxing and Shouqi, asking them to rectify illegal operation problems and actions that disrupt the market order.
9/2/20212 min read
Xiaomi SU7 Ultra Officially Launched, Priced at 529,900 yuan
Lei Jun, Xiaomi's CEO, announced that the mass-produced version of the SU7 Ultra will take on the Nürburgring Nordschleife, one of the world's most challenging racetracks.
Cyberspace Administration of China Fines Domestic Social Media Platform Douban for Publishing Unlawful Information
The Cyberspace Administration of China (CAC) said on Thursday it had summoned and fined social media company Douban over its alleged unlawful release of information.
12/3/20212 min read
2024 Alibaba Global Mathematics Competition Commences, Open to AI for the First Time
The Alibaba Global Mathematics Competition, co-hosted by Alibaba Public Welfare and Damo Academy, is known for its no registration threshold and full of fun.
Leadership Changes at Xiaomi: Ma Ji and Yan Kesheng Step Down as VPs
These recent high-level personnel changes represent not just a restructuring of Xiaomi's management, but also a reevaluation of its strategic direction.