Huawei Smartphone Shipments Grow 66% Year-on-Year in the Third Quarter of 2019
This is yet another double-digit growth for Huawei for the sixth consecutive quarter against the backdrop of a gloomy Chinese market.
10/30/20192 min read
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JD.com Begins Largest Ever Promotion to Restore Low-price Reputation
Xin Lijun, CEO of e-commerce giant JD.com's retail arm, on March 7 explained some of the details regarding the the recent discounts across the platform to tap new users.
3/8/20233 min read
Satellite Navigation Firm Insight Position Completes A+ Financing Round
Shanghai-based satellite navigation firm Insight Position completed an A+ financing round on Friday worth tens of millions of yuan.
3/11/20222 min read
China's NEVs' Market Penetration Surpassed 50% in July, Exceeding Fuel Vehicles
China's new energy vehicles' market penetration rate exceeding 50% for the first time in July 2024, surpassing traditional fuel vehicles.
Black Sesame Technologies Breaks $500M in Round-C Funding
On August 8, Black Sesame Technologies, an autonomous driving computer chip company, announced its completion of round-C+ financing led by SummitView Capital.
8/8/20222 min read
Shenzhou-16 Spacecraft Successfully Completes Five Autonomous Orbit Changes, Approaching Chinese Space Station
May 30, 2023, China's Shenzhou-16 spacecraft, was launched today (May 30) at 9:31 am. The mission is led by astronauts Jing Haipeng, Zhu Yangzhu, and Gui Haichao.
NetEase's Mobile Game Suspected of Publishing Paper in US Based on User Data
On April 17th, NetEase's mobile game Dream Chaser: The Showbiz denied a recent report suspecting its role in publishing a paper in the US containing user data.
4/19/20222 min read
Luckin Coffee Denies Plan for Hong Kong IPO
News emerged on Monday that Chinese beverage chain Luckin Coffee is considering carrying out a public listing in Hong Kong as its business gets back on track. However, the company issued a statement denying such reports.
5/10/20222 min read
Tesla Decides Against Lowering Prices to Keep More Stores
There has been a new development on Tesla's sales strategy.
3/12/20192 min read
Redmi’s First Gaming Smartphone to Launch This Month, May Feature Dimensity 1200 Chipset
Xiaomi sub-brand Redmi has confirmed that its first gaming phone will be released by the end of this month.
4/14/20213 min read
Li Auto Downgrades 2024 Sales Target Again Amidst Various Challenges
Due to a lukewarm reception of the MEGA model and fewer orders for the L series than anticipated earlier this year, Li Auto was compelled to reduce its yearly sales forecast.
6/5/20242 min read
Xiaomi Not Abandoning Surge Chipsets, To Invest Over 10 bln yuan in R&D in 2020
Xiaomi's CEO Lei Jun: the company has not given up on its self-developed Surge chipsets.