Xiaohongshu Denied IPO Speculation
Despite speculation from Chinese media outlets focusing on IPO news, Xiaohongshu has denied any immediate plans to go public.
Category: News
Showing 12 of 982 posts in this category
Alibaba Transforms into a Dual Primary Listing in Hong Kong
On August 23, Alibaba declared its voluntary transition from a secondary to a primary listing on the Hong Kong Stock Exchange, effective from August 28, 2024.
8/23/20243 min read
"The Most Competitive in the World", Elon Musk Commend Chinese Automakers at Conference Call
Musk predicted the success of Chinese car makers would significantly extend beyond their domestic market, stating that Chinese automakers would "demolish" most of the world's other car companies if there were no trade barriers.
1/25/20242 min read
Huawei and Xiaomi Strike Global 5G Patent Cross-Licensing Deal
Huawei and Xiaomi reach a global patent cross-licensing agreement, covering 5G communication technology.
SenseTime Advances Chip Business, Completes Financing in the Hundreds of Millions
To ease financial pressures, SenseTime has quietly made its chip business a separate company, which has also successfully raised substantial funds.
10/28/20242 min read
NIO Responds to Claims that Car Navigation Interface Displays Advertisements
A NIO car owner posted on Weibo on Wednesday that there were advertisements on the navigation interface of his car, which practically blocked the screen and could affect safe driving.
10/14/20212 min read
H&M Makes Strategic Move onto Pinduoduo and Prepares to Venture into Douyin
On October 24th, H&M officially announced its entry into Pinduoduo, becoming the first international fashion brand to land on this platform.
10/25/20243 min read
Chinese Research Team Develops Quantum Chip "Refrigerator"
Recently, Anhui Quantum Computing Engineering Research Center of China successfully developed the country's first quantum chip high vacuum storage box and has put it into use. Researchers have called it a "quantum chip refrigerator".
3/17/20232 min read
Tesla Sues Bingling Intelligent Technology, in Which Xiaomi Holds Shares
Recently, Tesla (Shanghai) has filed a high-profile lawsuit against Bingling Intelligent Technology (Changzhou), accusing it of infringing on Tesla's trade secrets and engaging in unfair competition. This case will be heard in the Shanghai Intellectual Property Court on October 10, 2023.
Bilibili Uploader He Tongxue's Self-made AirDesk Video Goes Viral, Driving Loctek Shares Soar by 14%
Chinese live-streaming platform Bilibili's uploader He Tongxue released a video featuring his self-made AirDesk on Monday. Up to now, the broadcast volume for the video has sent Loctek shares soaring by 14%.
10/18/20213 min read
Segway Fuels Paris Summer Mobility: 10,000 Free Rides to Promote Green Transit
Paris, in collaboration with global micro mobility leaders Segway and Tier-Dott, offers 10,000 free e-bike rides to promote sustainable urban mobility.
8/9/20243 min read
Hello Inc. and 58.com Summoned for Collecting Extra Personal Information
Recently, the National Computer Virus Emergency Response Center found that 17 mobile applications had shown privacy irregularities.
12/20/20212 min read