01.AI Releases New Flagship Model Yi-Lightning
AI company 01.AI founded by Kai-Fu Lee released its new flagship model Yi-Lightning on October 16th.
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JD.com Founder Reduces Shareholdings of JD Health
According to information disclosed by the Hong Kong Stock Exchange, Richard Liu, founder of e-commerce giant JD.com, has recently sold 8.84 million shares in firm subsidiary JD Health, cashing out about HK $440 million.
5/5/20222 min read
Alibaba Might Be Eyeing Hong Kong Listing Amidst Political Turmoil
Alibaba Group might be eyeing a public listing in Hong Kong as early as November to raise up to $15 billion, people familiar with the matter said on October 30.
10/31/20192 min read
In Conversation With CEO of Superhexa, the Xiaomi-Backed Firm Shaping the Future of Cameras
A two-hour interview at the Beijing headquarters of Superhexa with its founder and CEO offers much enlightenment, and might resonate among hardware geeks, tech entrepreneurs and realistic visionaries.
8/12/202213 min read
Bike-sharing App Mobike Ends Operations as Meituan Takes Full Control
Chinese bike-sharing app Mobike ceased operations Monday night following a full integration into its parent company, Meituan Dianping.
12/15/20202 min read
Tesla Opens First Store in China's Xinjiang
Tesla announced today the opening of its first store in the city of Urumqi, Xinjiang Uyghur Autonomous Region, marking the beginning of the US electric vehicle maker's offline store and service network presence in the region.
Lenovo Introduces a First-of-a-Kind Fold-Screen Computer and New AR Glasses
During the annual Transform 3.0 @Accelerate conference in Orlando, USA, Lenovo introduced to the public two new products: ThinkPad X1, world’s first foldable-screen computer, and ThinkReality A6 smart glasses, part of company’s efforts to create its own Internet of Things platform.
New Energy Vehicle Companies Enter Insurance Industry
Since the beginning of this year, many Chinese new energy vehicle companies have entered the insurance industry by acquiring or setting up insurance brokers.
6/8/20223 min read
Evergrande Auto to Be Merged, Tianjin Factory to Shut down
Forty-three days after the pre-sale of its Hengchi 5 model began, Evergrande Auto is reportedly to be acquired by another automobile company, and this acquisition may be led by the local government.
8/17/20223 min read
EV Firm NIO Sets Sights on Singapore IPO
According to its related prospectus disclosed at the end of February, electric vehicle firm NIO has applied to the main board of the Singapore Exchange Limited for a second listing by way of introduction.
3/11/20223 min read
Sequoia China Says Reuters Article is Nonsense and an Attempt for Defamation
Following the release of a Reuters article on Sequoia Capital China's 20 percent cut of investment staff, Sequoia China has dismissed the report firmly, claiming that the published article is “nonsense” and a malicious attempt for defamation.
5/6/20192 min read
JD Launches its First International Unmanned Store in Indonesia
https://youtu.be/jcwCW4Fuejg China's leading e-commerce platform JD.com opened its first overseas unmanned store, JD.ID X-Mart, an AI-powered experience store ...
8/3/20182 min read