Chinese Academy of Sciences Unveils Next-Generation AI Model 'Zidong Taichu 2.0'
The Chinese Academy of Sciences has launched a new generation AI model, "Zidong Taichu 2.0", which supports various modalities of data including video and 3D.
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Meituan to Pay Social Security for Food Delivery Riders as Required by Chinese Government, Share Price Plummets
China's State Administration for Market Regulation and seven other governmental departments jointly issued “Opinions” on July 26 to protect the legitimate rights and interests of food delivery staff.
8/20/20214 min read
Plum Ventures Invests in Smart Retail Firm Jingpin Hi-Tech
Jingpin Hi-Tech, a smart retail firm specializing in Software as a Service (SaaS) systems, has recently completed an A round of financing worth tens of millions of yuan, featuring exclusive investment from Plum Ventures.
2/28/20223 min read
Huawei Mate 50 Series to Adopt Snapdragon 8 Gen 1 4G Chip
Chinese technology giant Huawei is expected to release a number of flagship smartphones this year, including the Huawei Mate 50 series and Mate X3 foldable smartphones, and many related leaks have emerged.
4/7/20222 min read
Baidu Research Unveils Top 10 Tech Trends for 2023
Baidu Research, a leading AI research lab initiated by Baidu, released its predictions on January 5 for the top 10 technology trends of 2023, including big models, digital-real convergence, virtual-real symbiosis, autonomous driving, and more.
SHEIN Invests in Forever 21's Parent Company, Expands Offline Presence
SHEIN invests in Forever 21's parent company, embarking on new attempts: e-commerce platform and offline experiments.
8/25/20237 min read
Hong Kong to Legalize Retail Crypto Trade as Mainland Ban Persists
A planned mandatory licensing program in Hong Kong for crypto platforms set to be enforced in March of next year will reportedly allow retail trading. Regulators are seeking to allow listings of bigger tokens but won't endorse specific ones like Bitcoin or Ether.
Kuaishou's CTO Resignation Prompts Development Overhaul After 8 Months
After the resignation by Chen Dingjia, Kuaishou undergoes architectural adjustments.
9/4/20233 min read
Tencent Releases New Social App You Ji
Recently, Tencent has officially launched an app called "You Ji", with the slogan “record your real life”.
11/28/20192 min read
HoteamSoft Secures Nearly $63M in Round-C Financing
Shandong Hoteam Software Co., Ltd. (HoteamSoft) on Tuesday announced its completion of round-C financing totaling nearly 400 million yuan ($63 million).
2/8/20222 min read
A Fire at Notre Dame and Beautified Selfies on Chinese Social Media
This morning, a fire broke the peace and tranquility of the spring morning. After the forest fire devoured the lives of 30 fire fighters in Sichuan, this is yet another fire that topped the searches of Chinese social media. The key words would be, Notre Dame, fire and tragedy for the global civilization.
4/16/20194 min read
Tesla China Drops Model 3 Price as Shift to More Cost-Effective Batteries Continues
The Chinese division of American electric vehicle (EV) manufacturer Tesla Inc. announced on Friday that it has lowered the price of its popular Model 3 to settle at a new overall post-subsidies price tag of 235,900 yuan ($36,500), a reduction of 15,000 yuan.
8/2/20214 min read