Meituan Upgrades ‘Contactless Delivery’ in Beijing With Unmanned Vehicles
Chinese food delivery giant Meituan Dianping launched an unmanned delivery service to build a full chain of contactless service in food distribution.
2/18/20202 min read
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Chinese Police Solves the First Case of Using ChatGPT to Create Fake News
Recently, the Pingliang Public Security Bureau's Network Security Brigade in China cracked a case of using ChatGPT to fabricate fake information.
5/8/20232 min read
NIO's Autonomous Driving Executive Zhang Jianyong Reportedly to Leave Firm
Zhang Jianyong, NIO's Associate Vice President (AVP) of autonomous driving, will leave in the near future after working at the firm for seven years.
4/7/20222 min read
Netease Launches Tryfun, Sex Product Brand with a Clinical Look
Internet giant Netease, which once surprised users by raising pigs, is marching into another unusual industry. On October 23, it announced the launch of Tryfun（...
Pinduoduo Stocks Drop Despite Revenue Exceeding Wall Street Expectations
Pinduoduo released its full-year financial report on Mar. 13. The Shanghai-based Chinese e-commerce company, which has been likened to Groupon, exceeded market expectations in terms of revenue but missed earnings estimates.
3/14/20192 min read
Leo Group Receives TBCA Refund of $50 Million, Plans for Cooperation With SpaceX May Change
Previously, Leo Group announced that its subsidiary Leo Investments Hong Kong Limited plans to invest $50 million in TBCA to participate in a partnership investing in SpaceX.
11/25/20213 min read
VSPN Secures Multi-Million Series B2 Financing Round Led by Morgan Stanley
Chinese esports company VSPN on Tuesday announced the completion of a multi-million dollar Series B2 financing round, led by Morgan Stanley Private Equity Asia (MSPEA). The funding will be directed towards the firm's global business expansion and the development of its esports content matrix, the VSPN+.
6/2/20213 min read
China's Shenzhou-13 Spaceflight Mission to Launch on October 16, Wang Yaping to Become China's First Female Astronaut to Carry Out Extravehicular Activities
A press conference on China's Shenzhou-13 spaceflight mission was held at the Jiuquan Satellite Launch Center on Thursday afternoon, unveiling information about the crew for this space station mission.
10/14/20212 min read
NIO Is Developing Lithium Ferromanganese Phosphate and 4680 Batteries
Chinese EV maker NIO is developing lithium ferromanganese phosphate and 4680 batteries, and plans to mass-produce these two batteries for itself and its sub-brand ALPS.
8/24/20223 min read
Newsletter: Parallel Tech Universes Between Silicon Valley and China
Welcome to this week's newsletter. This week, we have two feature stories about Kai-Fu Lee and an Indian entrepreneur, some latest market analysis and several u...
5/9/20183 min read
Taobao Maker Festival: Unearthing China's Youth Creativity and Championing Small Business Pioneers
"Taobao Maker Festival" offers a venue for young merchants to showcase their potentials. By identifying consumption trends and championing small businesses on the platform, the event could have a significant impact on the retail industry and the economy at large.
5/10/20239 min read
Tesla Sales Double in China, Exceeding $2B in 2017
China is the world's largest market for car sales. Tesla's vehicles have to be imported into China, as Tesla is unable to produce cars in China. Nevertheless, T...