Lemon Tea Brand Ningji Acquires Changsha-Based Coffee Brand RUU
Lemon tea brand Ningji has recently invested in Changsha-based local coffee brand RUU, and has become its wholly-owned parent company.
5/18/20222 min read
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Alibaba and Richemont Form Partnership to Give Luxury Brands Enhanced Access to Chinese Market
Alibaba Group and Richemont, a Switzerland-based luxury goods holding company, announced a global strategic partnership today with the purpose of bringing the r...
China Women’s Basketball Team Advance to the Tokyo Olympics
After defeating Great Britain and Spain in the qualification tournament, the Chinese women’s basketball team succeeded in its quest for an Olympic berth in 2020.
2/11/20202 min read
Baidu Apollo and WM Motor Launch Two New Cars, Achieving Mass Production of Assisted Navigation Model
Baidu Apollo, an open-source autonomous vehicle technology platform, and WM Motor, a new energy vehicle manufacturer, officially released two new cars on Tuesday, both of which are based on the WM Motor W6 SUV.
10/19/20213 min read
Five State-owned Enterprises to Delist from New York Stock Exchange
On August 12, five Chinese state-owned enterprises announced that they had applied for a voluntary delisting of their American Depository Shares (ADSs) from the New York Stock Exchange.
China NFT Weekly: Secondary Market for Digital Collectibles
This week: Chinese metaverse infrastructure startup Xmov receives $130 million in funding, Shandong Television pursues NFT and metaverse projects, and more.
4/11/20228 min read
Founder of Internet Firm Sohu.com Denies U.S. Delisting Rumors
Charles Zhang, the founder, chairman and CEO of Chinese internet company Sohu.com Limited, on Monday denied rumors of the company's required delisting from U.S. stock exchanges.
4/19/20222 min read
Wholesale Volume of New Energy Passenger Cars in China Increases by 141.4% YoY in June
On July 8, the China Passenger Car Association released its analysis of the national passenger vehicle market in June this year. The data shows that retail sales of passenger vehicles reached 1.943 million units in June, up 22.6% year-on-year.
Baidu to Launch Autonomous Ride-Hailing Service in Zhejiang
Baidu’s Apollo Go autonomous ride-hailing service will officially land in a popular hotspot in Wuzhen, Zhejiang Province on Saturday.
3/25/20222 min read
System on Chip Company Actions Semiconductor Goes Public on Shanghai Stock Exchange
The company is a well-known low-power System on Chip (SoC) designer in China, focusing on providing professional integrated chips for smart Internet of Things devices.
Qihoo 360 Technology: Uncertainties in Hozon Auto Investment
Qihoo 360 Technology issued a supplementary announcement on its investments saying that this investment needs to obtain the consent of relevant departments, which poses some uncertainty in the deal.
10/20/20212 min read
The Doubao Large Model Releases Technological Advancements in Various Fields
On December 30th, ByteDance's Doubao large model released the technological advancements across all fields for 2024.
12/31/20242 min read