SAIC to Purchase $254M Shares From Luckin Chairman Lu’s Car Rental Company
SAIC Motor Corp. Ltd reached an agreement to buy 28.92% of the share of car rental service provider Car Inc at the price of HK$ 1.9 billion.
7/3/20201 min read
All Posts
Showing 12 of 13222 posts
CBA Season Overview: Guangdong Wins its 10th CBA Championship Title
By securing a 123-115 victory on Saturday night over the Liaoning Flying Leopards, the Guangdong Southern Tigers have officially won the 2020 Chinese Basketball Association championship title.
8/17/20207 min read
Apollo Go Responds to In-Car Surveillance Cameras
Apollo Go responds to the presence of surveillance cameras in the car: meeting testing, regulatory and safety requirements.
Yu Yongfu Takes Over as CEO of Alibaba's Local Life Business Group After Resignation of Li Yonghe
36Kr reported that Yu Yongfu has taken over the position of CEO for Alibaba's local life business group as Li Yonghe resigned.
8/12/20212 min read
NetEase's "Justice Online" Game to Adapt First Game Version of ChatGPT
NetEase announced on February 15 that it will install the first game version of ChatGPT in China in its mobile game "Justice Online", so that smart non player characters (NPC) can freely conduct dialogue with players and give logical behavioral feedback based on that dialogue.
Xiaomi, OPPO and realme to Adopt Android 13
Android 13 Beta 2 was officially released at the Google I/O developers conference on Thursday. Chinese smartphone manufacturers including Xiaomi, OPPO and realme have all announced that their models will adopt the operating system.
Disagreement Arises Among Shanghai Pudong Development Bank Employees Regarding Salaries and Benefits
Several photos surfaced online on May 11th showing employees of Shanghai Pudong Development Bank (SPDB) protesting in Shanghai. The protest was due to their dissatisfaction with salary cuts, which occurred after an employee from the bank's wealth-management subsidiary complained about a nearly 70% reduction in pay.
5/12/20233 min read
Meituan VP: Automated Driving to Enter Large-Scale Operations in Three Steps
Meituan, a leading local life services platform in China, on September 18 attended the 2022 World Intelligent Connected Vehicles Conference (WICV), where it unveiled a new generation of automatic distribution vehicles.
9/19/20223 min read
New Oriental Only Sells 5 Million Yuan in First Live Commerce Stream
At 8:00 pm on Tuesday, Yu Minhong, Chairman of New Oriental Education & Technology, held a live stream to sell agricultural products through Douyin for the first time.
12/29/20212 min read
Online UI Design Platform JSDesign Wins Two Rounds of Financing Worth Millions
Chinese cloud-based UI design platform JSDesign announced on Friday that it has received tens of millions of dollars in A++ and B rounds of financing.
10/22/20212 min read
Newsletter: Can Technology Help China’s Public Health Crisis?
It has been an uneasy week as the vaccine scandal and #metoo movement have been causing huge stirs on Chinese social media for the past few weeks. The manufa...
8/2/20184 min read
Samsung Challenges Xiaomi’s Domination in Indian Smartphone Market
Smartphone shipments in India saw a three percent annual increase to 35.6 million units in the second quarter of 2019, according to a recent research report from Strategy Analytics. Chinese manufacturer Xiaomi remains the leader, with Samsung closing in and regaining foothold in the region.