China NFT Weekly: New Forays Into the Metaverse
This week: Blibili tests 'UPowerchain' to develop the metaverse, Huobi picks Singapore as its Asia base, Binance CEO is now the richest Chinese person in the world, and more.
12/9/20217 min read
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China Demand Contributes to Tesla’s Estimate-Crushing Deliveries in Q1
Tesla announced better-than-expected first quarter results on Friday, with deliveries from its China operations playing a significant part in the mind-blowing figures.
4/6/20213 min read
Sequoia China's Neil Shen Rises to No. 1 on 2023 Forbes Midas List
Neil Shen, the founding and managing partner of Sequoia China, has been named this year's top investor in the 2023 Forbes Midas List. This marks his fourth time taking the top spot.
5/5/20232 min read
Tesla’s Stellar Q1 Results Eclipsed by Publicity Crisis in China
Despite announcing a strong start to 2021 with record revenues and deliveries, Tesla is still struggling to redeem its reputation amid a publicity crisis in the world’s largest car market.
Baichuan AI Launches Open-Source Full-Modal Model Omni-1.5
On January 26th, Baichuan AI announced that the Baichuan-Omni-1.5 open-source full-modal model has officially launched.
Ford Confirms CATL and BYD As Battery Suppliers
At their recent investor conference, Lisa Drake, Chief Operating Officer of Ford Motor, said that Ford will maintain its cooperation with five battery suppliers.
12/7/20212 min read
University of Minnesota Student Sues JD.com's CEO Richard Liu for Alleged Rape
Jingyao Liu, an undergraduate student at University of Minnesota, filed a civil lawsuit against Richard Liu and his company JD.com Inc. The lawsuit accused Richard Liu and JD.com of a total of six counts of false imprisonment, civil assault and battery, as well as sexual assault or battery.
4/18/20195 min read
SenseTime Advances Chip Business, Completes Financing in the Hundreds of Millions
To ease financial pressures, SenseTime has quietly made its chip business a separate company, which has also successfully raised substantial funds.
10/28/20242 min read
Tencent's XR Business Stops Operation
Tencent's extended reality (XR) business has suspended operation, affecting a team of more than 300 people, and it is not yet known whether there will be any major personnel adjustments soon.
1/13/20233 min read
Geely Establishes Joint Venture Ruilan Auto to Tap Battery-Swapping Market
Geely Auto Group announced on Monday that a joint venture company it established with Lifan Technology has completed industrial and commercial registration procedures.
1/25/20222 min read
Wuxi LEAD Strikes Agreement With Volkswagen on 20GWh Lithium Battery Equipment
The manufacturer of new energy equipment Wuxi Lead Intelligent Equipment Co., Ltd. (LEAD) announced on Tuesday that it has signed a cooperation agreement with German Volkswagen to provide solutions for its 20 GWh lithium battery equipment.
6/21/20222 min read
Tencent’s PUBG MOBILE and Peacekeeper Elite Reach $3B USD in Total Revenue
PUBG MOBILE, along with Peacekeeper Elite (The Chinese version), has made over $3B USD in lifetime revenues, according to a report by Sensor Tower.
7/10/20202 min read