BAIC Group Invests in Daimler AG to Deepen Long-Term Bilateral Cooperation
On July 23, BAIC Group announced that it will invest in Daimler AG to strengthen the long-term strategic cooperation between the two companies.
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Douyin and Sohu Reach Copyright Cooperation for Derivative Works
Douyin, the Chinese mainland version of TikTok, announced on Thursday that it has reached a cooperation agreement with domestic video platform Sohu.
3/17/20222 min read
Livecast #16: Greg Pilarowski on China Gaming Regulations
Greg is the founder of Pillar Legal, a boutique international law firm across Shanghai and San Francisco that specializes in the video game industry. Before fo...
4/16/202230 min read
NIO to Hold Launch Event on Oct. 8 to Enter European Market
Chinese electric vehicle maker NIO will hold its European launch event in Berlin on October 8, marking the firm's exploration of new business opportunities in Europe.
9/23/20223 min read
ByteDance's Douyin Cooperates with Tencent Video
On April 7th, Bytedance's Douyin announced that it has recently reached cooperation with Tencent Video. The two parties will explore the promotion of long and short video linkage, short video secondary creation and other aspects.
China VC Weekly: Bodybuilding, Property Trading and more
Xiaomi injects funds into bodybuilding course maker I-Fitness, Julive rakes in 400 million yuan, Allianz tightens partnership with WeLab, while Xpeng Motors secures a new commitment from the Guangdong government.
3/16/20214 min read
WM Motor Founder's Annual Salary Reaches $176M as Losses Mount
A prospectus released recently by Chinese EV maker WM Motor has triggered hot debate in the country. The high pay received by Freeman Shen, the firm's Founder, Chairman and CEO, has drawn scrutiny amid declining company revenue and major losses.
9/26/20224 min read
China Announces Preliminary Plan for Manned Lunar Landing
Zhang Hailian, Deputy Chief Designer of the China Manned Space Engineering Office, revealed this morning at the 9th China (International) Commercial Aerospace Summit Forum held in Wuhan that China plans to achieve manned lunar landing for scientific exploration before 2030.
7/12/20232 min read
Food Delivery Service Ele.me Faces Harsh Criticism due to Reportedly Unreasonable Reward System Amid Spring Festival
Labor disputes surrounding China’s leading food delivery service Ele.me are back in the spotlight.
2/20/20213 min read
Official Images of BYD Denza N9 Flagship SUV Released
On September 25, BYD's Denza Auto unveiled the official images of its latest flagship SUV model, the Denza N9.
China VC Weekly: Investors Go to Work Despite Coronavirus
China’s VC market is coming into its own as the coronavirus outbreak seems to be easing its grip on the country.
2/28/20207 min read
Luckin Coffee‘s Net Revenue in H1 2021 Increased 106% YoY to Nearly $500 Million
On Thursday, Chinese beverage chain Luckin Coffee announced its financial results for the first half of 2021, showing total net revenue of 3,182.5 million yuan ($497.743 million)
10/22/20212 min read