China's Wearable Device Shipments Down 7% YoY in Q1
According to a report released by IDC on Friday, the shipments of wearable devices in China in the first quarter of 2022 were 25.84 million units, down 7.5% year-on-year.
6/10/20222 min read
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Autonomous Driving Firm Momenta Secures More Than $1 Billion in C Round Financing
Chinese self-driving technology startup Momenta has raised $500 million in a C+ Round of financing, making its overall C Round total more than $1 billion.
11/5/20212 min read
“Free Lunch” Charity Program — A Portion of Love in the Mountains
Back in 2011, before Taobao was the e-commerce app on everyone's lips, Luoluo discovered a charity program on the app called “Free Lunch”.
Vivo to Announce New Product Codenamed "Butterfly" on March 28
Chinese smartphone manufacturer Vivo released a teaser for its forthcoming model today, publishing an image of a butterfly flapping its wings alongside the caption: "see you on Monday."
3/25/20222 min read
Gushenxing-1 Will Carry out China's First Private Rocket Sea Launch Mission
On August 31st, Galactic Energy will soon carry out the launch mission of "The Gushenxing-1 Sea Launch Type" commercial carrier rocket, codenamed "The Little Mermaid". At the same time, the emblem of the carrier rocket has also been officially unveiled.
8/31/20231 min read
Tencent Alpha Tests Community Group Buying Product
Chinese tech giant Tencent has recently alpha tested a community group buying (CGB) applet "Exiangtuan" (鹅享团 Èxiǎngtuán) on WeChat.
2/21/20222 min read
Meizu Reveals New Concept Phone Meizu Zero With No Buttons Nor Ports
2018 was a rather quiet year for Meizu compared to its industry peers. This year, however, the smartphone brand started out by making headlines with a radical concept phone—Meizu Zero.
Wall Street English to Announce Bankruptcy Next Week Following Repeated Closure of Offline Stores
The head of the North China division of Wall Street English, an Italian international adult English training company, has informed its staff about the upcoming bankruptcy of its China business, which will be finalized next week, CBN reported on Thursday.
8/13/20212 min read
ByteDance Adjusts Games Business, Establishes ONE Publishing Studio
ByteDance's games business has recently adjusted its organizational structure, as its original Chinese and global distribution studios have now merged into a new entity called ONE Publishing Studio.
12/23/20223 min read
Chinese Brain-Computer Interface Company, Claims Its Technology Has Surpassed Neuralink
Huang Li confidently stated that Guide Infrared has surpassed the much-watched Neuralink company on multiple key indicators of brain-computer interface technology.
2/24/20252 min read
Bitcoin Mining Platform Moxian Divests Chinese Subsidiaries Amid Local Regulations
Moxian, a Nasdaq-listed company engaged in bitcoin mining and related services in the United States, announced on August 15 that its wholly-owned subsidiary has transferred all equity interest of Moxian (Hong Kong) Limited to Liu Jiantao, a resident of China.
EV Maker Avatr Technology's Valuation Increases to $942M
Changan Automobile announced on Thursday that Avatr Technology, an electric vehicle enterprise jointly established by Changan, Huawei and CATL, has completed a capital increase and share expansion deal.
4/29/20222 min read