CATL Signs 3.6 Million Yuan Procurement Contract with FRD
On Tuesday, FRD announced a five-year cooperation agreement with Contemporary Amperex Technology Co., Limited (CATL).
12/1/20212 min read
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Kuaishou and Tencent's QQ Required to Strengthen Fraud Monitoring
Cyberspace Administration of China now requires social platforms and short video platforms such as Tencent's QQ and Kuaishou to implement content management and continuously investigate and dispose of fraudulent information, group chats and accounts.
Cainiao Launches the 'Two Euros Two Days Delivery' Campaign in Spain and Portugal
Cainiao has launched an economical logistics product for e-commerce packages that offers two-day delivery across Spain and Portugal.
BYD Aims to Become China's Largest Automaker
On the evening of March 28th, BYD released its 2022 annual report. The announcement showed that BYD achieved operating income of ¥ 424.1 billion (about $ 62 billion) in 2022, Chairman of BYD Wang Chuanfu stated that our goal is to become China's largest car manufacturer by the end of this year.
Neta S, Jointly Produced by Hozon and Huawei, to List Next Year
Hozon Auto, Neta's parent firm, and Huawei inked an agreement on Wednesday to develop a long-term win-win partnership. The Neta S, which is scheduled to hit the market next year, will be the first model co-developed by these two firms.
8/26/20212 min read
Machine Vision Firm LUSTER to List on Shanghai's STAR Market
LUSTER Technology Co., Ltd., a professional supplier of visual systems, intelligent vision equipment and core vision devices, received approval to carry out an IPO.
2/17/20223 min read
Chinese Face-Swap Platform ZAO Apologizes After Privacy Backlash
China's viral deepfake app ZAO has bowed to intense media pressure and published an open letter addressing the concerns and their updated user agreement.
9/4/20192 min read
NetEase Cloud Music Tests Trading Platform for Beats, Offering Behind-the-Scenes Support for Music Creators
NetEase Cloud Music is reportedly in alpha testing of a trading platform for beats, which would make the firm the first in the industry to provide such a service.
12/21/20212 min read
AI Firm LenzTech Bags Over $19M in Financing
Beijing-based AI startup LenzTech has secured new financing totaling $19.6 million. The round featured joint investment from Tiantu Capital, Ecovacs Robotics, Yunqi Partners, Zoo Capital and another investment institution.
4/19/20222 min read
Kuaishou and NBA Reach Multi-Year Strategic Cooperation Partnership, to Explore New Model for Monetizing Content Recreation
Kuaishou held a strategic cooperation conference alongside NBA China, announcing that the two sides have reached a multi-year strategic cooperation partnership.
2021 Global NEV Sales Ranking: Tesla First, BYD Second
The cumulative worldwide sales volume of NEVs last year was nearly 6.5 million, a year-on-year increase of 108%.