Tencent Reduces Holdings in New Oriental's Koolearn
According to documents disclosed by the Hong Kong Stock Exchange (HKEx) on Monday, Tencent Holdings sold 74.6 million shares in New Oriental's Koolearn from June 15 to June 16.
6/21/20222 min read
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Sogou Map to Cease Operations on May 15
Sogou Map announced through its official website on Wednesday that it would officially stop operations at 23:00 on May 15, closing all services.
Chinese Economical Beverage Brand MXBC Enters Singapore and Malaysia
MXBC, a chain brand dedicated to creating fresh ice cream and tea drinks in China, has officially entered Singapore and Malaysia, two Southeast Asian countries.
3/4/20222 min read
XPeng Motors Denies the Acquisition of Maserati
Recently, there were rumors that the emerging automaker Xpeng Motors would acquire the luxury car brand Maserati. However, Xpeng Motors has now denied these rumors.
8/18/20232 min read
QR Code: A Covid Innovation in The U.S., A Lifestyle in China
The basic application of QR Codes includes adding new contacts, making payments, and of course, placing orders in restaurants. But it can do so much more.
8/30/20214 min read
China’s Fashion Unicorn Shein Accused of Copyright Infringement
Fashion brands including Dr. Martens' owner AirWair International and independent designers have accused e-commerce platform Shein of trademark infringements.
Pinduoduo Smart Agriculture Competition Winners Showcase Sustainable Precision Farming Technology
Both man and beast are largely absent in Pinduoduo’s Smart Agriculture Competition, where teams of data and plant scientists handle the growing remotely through smart greenhouses located hundreds of miles away.
5/5/20224 min read
Baidu ERNIE Bot Answers 33.42 Million Questions on the 1st Opening Day
On September 1st, Baidu announced the first-day report of the release and download of their large-scale language model, "ERNIE Bot.
Huawei Wins Industrial Land for $30 Million to Manufacture Smart Car Parts
On November 26, Chinese tech giant Huawei won 260,000 square meters of industrial land in Dongguan Songshan Lake for 188 million yuan ($30 million). The land's industry type is for intelligent automobile parts manufacturing.
11/30/20212 min read
Tencent Cloud to Launch Lightweight Tools
At the first Techo Day held on Tuesday, Internet giant Tencent released a series of developer-friendly products.
6/28/20222 min read
EV Maker NIO to Spend $850M to Purchase 3.305% of Subsidiary
Leading Chinese electric vehicle manufacturer NIO Inc. said on Feb. 4 that it will spend 5.5 billion yuan (approximately $850 million) to purchase 3.305% of its subsidiary entity NIO China from two investors.
2/5/20212 min read
CATL Denies Large Input of Natural Graphite
A recent report said that "a brokerage firm finds that a leading company in the lithium battery industry is massively promoting natural graphite." CATL denies it.
10/26/20213 min read