
Vipshop Q1 Revenue Drops Amid COVID-19 Pandemic but Still Beats Estimates
Chinese online retailer Vipshop reported sliding revenues and profit in the first quarter of 2020 as the COVID-19 pandemic disrupts logistic services and supply chains.
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Chinese online retailer Vipshop reported sliding revenues and profit in the first quarter of 2020 as the COVID-19 pandemic disrupts logistic services and supply chains.

On December 19th, Xiaomi issued a statement stating that it will hold two media personnel accountable for leaking information. And 3 employees who fabricated and spread a large amount of false information will be dismissed and permanently banned from employment.

Autonomous driving truck firm Inceptio Technology announced on Monday it has secured $188 million in B+ round equity financing.

The 2018 World Artificial Intelligence Conference (WAIC) opened its doors in Shanghai on September 17. The three-day conference welcomed speakers such as Alibab...

Recently, Xianglu Technology announced that it had obtained 100 million yuan ($16 million) in angel round financing from Source Code Capital.

Regulators in Beijing reportedly have pressured major Chinese tech companies to withhold ChatGPT services to the public. The disallowance of OpenAI's chatbot may propel the rise of China's own AI chatbots to the technological forefront in the country.

Recently, a subsidiary of Shanghai Junzheng Network Technology Co., Ltd., the main operator of bike-sharing company Hello Inc., was fined $5,976 for misleading consumers in its advertisements.

Shenzhen-based automaker BYD announced on Tuesday that the 2022 BYD Song MAX DM-i, a compact multi purpose vehicle (MPV), will be officially launched on March 12.

Redmi welcomed two new members to its Note series smartphones today, the Redmi Note 8 and Note 8 Pro.

Li Zhifei has spent his professional career cross-pollinating the world’s two most vibrant innovation ecosystems. Born in central China at the dawn of reform a...

According to local news on December 13, Samsung will increase its investment in its Chinese chip plant by $8 billion as the second stage of the second phase of the project.

On September 25th in 2017, China's leading second-hand car dealer Renren Car announced a new round of financing of $200 million to support its rapid expansion s...