Chinese Best Phone Manufacturers and Their Sub-brands
China’s leading smartphone brands are all trying to improve their market competitiveness and expand market share through setting up new sub-brands.
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Freshippo Announces Simultaneous Sale of iPhone 15 Series, with Delivery in 18 Minutes
Freshippo announced that it will start selling the iPhone 15 series on September 22nd. Consumers can directly place orders through the Freshippo App and receive their goods in as fast as 18 minutes.
9/13/20232 min read
Ele.me and Koubei Merged to Become Alibaba's New Local Life Service Company
Alibaba Group announced today to merge the online food delivery service platform Ele.me and its local commerce platform Koubei into a new local life service com...
Switch Version of miHoYo's Genshin Impact "Still Under Development"
On Thursday, miHoYo, the developer of internationally popular action role-playing game "Genshin Impact," clarified that the Nintendo Switch version is still under development.
5/7/20222 min read
COVID-19 Surge in China Causes Oximeter Shortage
Following China's loosening of pandemic control measures earlier this month, the number of cases across the country has soared, while demand for drugs and medical supplies such as antipyretics, antigen tests and oximeters has skyrocketed.
12/26/20223 min read
Ep. 41: IPO for Influencers: The Company Behind China’s Kylie Jenner is Going Public
In Episode 41 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about Ruhnn (RUHN), a relatively small yet significant company that filed for IPO a few weeks ago in the U.S. on the Nasdaq.
Online Used Car Company Uxin Secures New Financing Led by Nio Capital and Joy Capital
Online used car trading platform UXIN announced definitive agreements with Nio Capital and Joy Capital, in which both firms have agreed to invest a total of up to $315 million in the company.
6/16/20213 min read
Chinese Firms Shift Production to Southeast Asia as Country Moves Up Value Chain
Fueled by a rise in labor and production costs, an increasing number of China's suppliers have been shifting their production facilities to emerging export economies in Southeast Asia, according to Chinese state media.
5/17/20214 min read
BYD Secures Israel's Largest Electric Bus Order
On Tuesday, BYD announced that it had won the bid for 100 electric buses in Israel. This is the country's largest ever electric bus deal and also the largest order for BYD eBuses in Israel to date.
11/30/20212 min read
BYD to Spend Nearly $688M on Ships to Reduce Global Logistics Costs
A BYD affiliate intends to order eight ships capable of carrying 7,700 cars in Shandong Province, with a total cost of nearly 5 billion yuan ($688 million). Among them, six ships are determined to be built, while the other two ships are optional.
Li Auto's MEGA Ranks Sixth in Debut Week, Second in Electric MPV Market
In the pure electric MPV market alone, the Li MEGA's first week of sales ranked second in the Chinese market, only behind the Xpeng X9.
3/20/20242 min read
Tencent Forms New XR Department
Chinese tech giant Tencent announced the formal establishment of an extended reality (XR) department on Monday, betting on the virtual metaverse.
6/21/20222 min read