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On January 27, Counterpoint Research, a global research firm, released its sales report for China's smartphone market in 2022. The country's smartphone sales declined 14% year-on-year in the previous year and reached their lowest level in a decade.
Metaverse user-generated content (UGC) platform BUD recently completed a B round of financing totaling $36.8 million, led by Sequoia Capital India, followed by ClearVue Partners, NetEase and Northern Light Venture Capital.
Liu Chuanzhi, founding father of the Lenovo Group, is about to step down as the chairman of Lenovo’s parent company Legend Holdings.
Neptune Robotics announced on Friday it has completed round-A financing totaling 100 million yuan ($15.4 million). The leading investor was Sequoia China, while co-investors were Matrix Partners and SOSV.
Tusk, an unmanned forklift robotics company, has received three rounds of financing totaling several hundred million yuan, following investment by Engage Capital, ZhenFund and 01VC.
FlowUs, a one-stop digital information management SaaS software, announced on Tuesday that the company has obtained three consecutive rounds of financing worth tens of millions.
The Chinese Basketball Association (CBA) tournament entered its second week of games following a long suspension due to the COVID-19 pandemic.
On March 28th, the fourth holding employee representative meeting of Huawei Investment & Holding Group. The Trade Union was completed today at the Huawei base in Shenzhen, China. The latest board of directors election for Huawei Investment & Holding Group was held during this meeting.
On April 19, global battery giant CATL will release condensed matter battery technology and its zero-carbon strategy.
XPeng Motors has announced a suspension of reservations for its P5 EV model in four European countries due to supply chain issues, as previous orders could not be delivered on schedule.
BYD is planning to establish a network of 100 dealerships in Japan and aims to achieve an annual sales target of 30,000 units by 2025.
Property rental company Airbnb announced on June 3 that it will facilitate the shift of its housing and host data to several Chinese domestic rental platforms before it shuts down operations in Chinese mainland from the end of July.