WeRide Releases New-Generation Automated Driving Sensor Kit WeRide SS 5.0
WeRide, an automated driving technology company, officially released its new-generation automated driving sensor kit WeRide Sensor Suite 5.0 on Tuesday.
6/7/20222 min read
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Chinese Basketball Association Sues Bilibili for Copyright Infringement
According to a ruling issued by the Beijing Higher People's Court on July 23, Chinese Basketball Association (Beijing) Sports Co., Ltd. has sued two operators of Bilibili, claiming 406 million yuan ($60.05 million) in damages.
Chinese Delivery Firms to Operate With Higher Prices During Spring Festival
China's Spring Festival holiday is approaching, and domestic express delivery companies such as SF Express, STO Express, Yunda Express, YTO Express and Cainiao have announced that they will continue to provide services from January 20 to January 25.
1/17/20233 min read
Matrix Partners Leads Pre-A+ Financing of AI Chip Firm Houmo.ai
AI chip developer Houmo.ai announced Tuesday that it has secured several hundred million yuan in a pre-A+ round of financing. The leading investors were Matrix Partners and GP Yueda Automobile Fund.
4/19/20222 min read
The patent disputes won't trouble Mobike too much
On September 14, 2017, Shanghai Intellectual Property Court issued the first instance judgement on Hu Tao’s prosecution on Mobike (Beijing) Information Technolo...
Tesla Clashes with Pinduoduo Over Group Buying of Model 3 Cars
Tesla and Pinduoduo are clashing over group buying promotions for heavily discounted Model 3 vehicles.
8/20/20207 min read
Photoresist Firm Fuyang Sineva Bags 500M Yuan in Round-C Financing
Fuyang Sineva, a leading photoresist enterprise based in China, secured 500 million yuan ($74.2 million) in round-C financing on August 10.
8/11/20222 min read
Chen Rui, Chairman and CEO of Bilibili, Delivers 12th Anniversary Speech
On June 26, at the 12th anniversary of Bilibili, Chen Rui, Chairman and CEO, shared the changes in the company over the last year, holding that Bilibili has increasingly become a friendly community for youth to acquire knowledge and skills.
6/28/20214 min read
ByteDance Refutes Offering $1.4M Annual Salary to Poach OpenAI Talent
It was reported that ByteDance, TikTok's parent company, offered an annual salary of $1.4 million to poach talent of the ChatGPT R&D team from OpenAI.
4/24/20232 min read
Geely’s Lotus Seeks to Raise $1 Billion for Push into China’s Electric Vehicle Market
Zhejiang Geely Holding Group is planning to raise $1 billion to help Lotus Cars enter China’s vast and growing EV market.
4/15/20212 min read
The XPeng X9 Welcomes Its 20,000th Delivery
On November 25th, XPeng Motors announced that the XPeng X9 officially welcomed its 20,000th delivery, setting a record for the fastest delivery of a high-end battery electric large 7-seater 'unprecedented'.
Xiaomi Releases F2 Fire TV in Europe, Starting at €339
Xiaomi launched its F2 Fire TV on Tuesday, which will be only available in Europe, and will retail for €399 and up.
5/31/20222 min read