Web Reshapes the Lives of China's LGBT Community
Rainbow flags fluttered around the world for Pride Month in June. One friend in New York shared a picture of the top of the Empire State Building lit in rainbow...
7/8/20188 min read
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Chinese Short Video and Livestreaming Platform Douyin Looks to Challenge Alibaba
Starting on September 4, the Chinese division of Japanese fast fashion brand Uniqlo commenced e-commerce livestreaming sessions on Douyin, TikTok's counterpart for mainland China owned by parent company ByteDance.
9/16/20223 min read
AutoX Now Operates China’s Largest Fully Driverless Robotaxi Service Area Covering 65 Square Miles of Shenzhen
Alibaba-backed autonomous driving firm AutoX now operates China’s largest service area for fully driverless Robotaxis, spanning 65 square miles of Shenzhen, China’s leading tech hub located in the southern province of Guangdong.
11/16/20212 min read
Bilibili Breaks (Through) Chinese Internet
China’s “largest youth community” Bilibili (NASDAQ: BILI) caused a stir on the interwebs when they released a 4-minute video (Chinese, English fan-dub) for May 4th Youth Day in China titled “The Waves Behind.”
5/9/202014 min read
Chinese Ride-hailing Giant Didi Chuxing Goes Public on New York Stock Exchange
Chinese ride-hailing giant Didi Chuxing went public on the New York Stock Exchange on Wednesday night with an issue price of $14, meaning that the company’s market value is expected to reach about $67 billion.
6/30/20211 min read
Xiaomi SU7 Goes on Sale for 27 Minutes, With Sales Exceeding 50,000 Units
Xiaomi SU7 went on sale for 27 minutes, with over 50,000 units sold out. Xiaomi's stock price surged, rising more than 10% at one point.
3/30/20243 min read
AI Video Startup Avolution.ai Will Be Acquired by MiniMax
The AI video startup 'Avolution.ai' will be acquired by MiniMax. The two parties have already finalized the acquisition intention.
Alibaba Cloud's Qwen-VL Officially Opens to the Whole Society Today
On September 13th, Alibaba Cloud announced that the large vision language model Qwen-VL has been approved and is now open to the public.
9/13/20232 min read
BYD's August Vehicle Sales Up 155% Annually
Shenzhen-based automotive firm BYD, which has recently faced reports of Warren Buffett's share reduction, released its latest sales data on September 2. In August, BYD's total sales reached a new high.
Huawei Signs 5-Year Purchase Agreement for £3B with UK Government
Huawei reportedly signed a £3 billion ($4.18 billion) five-year purchase agreement with the British government. Last Friday, Huawei Chairman Sun Yafang met Brit...
2/8/20182 min read
Embodied Robot Company 'LimX Dynamics' Completes 500 Million Yuan Series A Financing Round
Embodied Robotics Company 'LimX Dynamics' Completes 500 Million Yuan Series A Financing, with Alibaba Group Holding Limited Participating.
China Responds to India's Investigation of ZTE and Vivo
After taking measures against Xiaomi, India has reportedly expanded its investigation to ZTE and vivo. Foreign Ministry Spokesperson Zhao Lijian said that the Chinese government is paying close attention to this matter.