Bitmain Halts Shipment of Antminers to Chinese Consumers
Bitmain, a global manufacturer of bitcoin mining machines, has confirmed that starting October 11 it would halt all shipments of its "Antminers" to mainland China.
10/12/20212 min read
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Tencent Apologizes to Content Creators, Terminating Controversial "Dawn Project"
Many content creators on Chinese video sharing website Bilibili have released new posts, claiming that the "Dawn Project" of the Tencent Open Media content platform has infringed their rights.
11/18/20213 min read
JD's driverless trucks made their debut
On September 28, JD showed its latest products—driverless trucks. It is reported that this was the first time that Chinese E-commerce as well as logistics indus...
9/30/20172 min read
Plus and IVECO Announce Autonomous Driving Test in Europe and China
Self-driving truck company, Plus and IVECO, the commercial vehicles brand of CNH Industrial, announced that they will jointly conduct automated driving tests in Europe and China.
12/21/20212 min read
Huawei CFO Meng Wanzhou Released After Deals with U.S. Justice Department
Huawei CFO Meng Wanzhou was released on Friday and allowed to return to China after reaching deals with the U.S.
9/25/20213 min read
Li Auto to Launch Six Pure EVs, Founder Says
On March 22, Li Xiang, CEO of Chinese electric vehicle maker Li Auto, took to social media to provide a glimpse into the company's future product plans, revealing that it will launch six new pure electric vehicles.
Chinese Audio/Video SaaS Provider BaiJiaYun Debuts on Nasdaq
On December 26, BaiJiaYun officially listed on the Nasdaq with the stock symbol of "RTC", becoming the first Chinese company in the audio and video SaaS field to debut in the US.
Tmall Genie Upgraded to an Independent Unit of Alibaba
Alibaba announced a strategic reorganization of its IoT business, upgrading Tmall Genie to an independent business unit.
1/2/20202 min read
After D1 Financing Round, WM Motor Prefers Overseas Listing
Zhang Ran, partner and CFO of WM Motor, revealed in an interview on October 15 that the company has successfully completed a D1 round of financing this month and will look towards listing overseas in the future.
10/18/20212 min read
Sunwoda to Invest 2.3B Yuan in Chinese Lithium-Ion Battery Project
Battery manufacturer Sunwoda announced on Tuesday that it plans to sign a project investment agreement with the Lanxi Municipal People's Government of Zhejiang Province in eastern China.
While Chinese Idol Groups Flop, Idol Survival Shows Are Flourishing
For the time being, any given idol survival show in China is still more of a traffic and popularity generator rather than a project that aims to reinvent the idol industry.
4/3/20207 min read
Huawei CEO Ren Zhengfei Expects Company to Grow 10% or more in 2020
Huawei CEO Ren Zhengfei said in a recent interview with the Los Angeles Times that the company will experience “a certain scale of development" - roughly 10% - next year.
12/23/20192 min read