The U.S. Backs Down on Huawei Ban
The U.S. will allow American companies to sell technology to the blacklisted Chinese telecommunications giant Huawei where there is no threat to US national security
7/10/20192 min read
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Baidu CEO: Chinese consumers favor efficiency at the expense of privacy
On March 26, at the annual session of China Development Forum (CDF) 2018 in the Diaoyutai State Guesthouse in Beijing, Robin Li, Baidu's chairman and CEO, spoke...
Lazada Ranked Southeast Asia’s Number-One Shopping App
Lazada is dominating the mobile shopping realm across Southeast Asia. App analytics and market data platform “App Annie” named it the number-one shopping app in Southeast Asia.
5/8/20193 min read
Tesla to Reduce Sales Outlets in China's First Tier Cities
CBN reported that Tesla intends to reduce the number of sales outlets in malls in China's first tier cities. Instead, the company plans to build more outlets in the form of traditional 4S stores in the typical automobile business districts.
Tesla Production in Shanghai Remains Strong as China Surpasses Europe in Firm’s Market Share
California-based electric car company Tesla Inc. released its 2021 second quarter financial report on Tuesday, showing promising developments for its manufacturing and sales performance in the Chinese market.
7/28/20213 min read
Vivo S15 Smartphone Series to Be Released May 19
Chinese smartphone brand vivo announced on Friday that it will release the new vivo S15 and TWS Air wireless headphones at 19:00 on May 19.
5/13/20222 min read
Astribot's New AI Robot Assistant S1 Officially Debuts at the World Robot Conference
On August 21, the next-generation AI robot assistant Astribot S1 from Shenzhen's Astribot was officially unveiled at the 2024 World Robot Conference.
NIO Postpones Smartphone Launch to Next Year, Pursuing High-End Performance
On September 14, a Weibo blogger claimed that NIO's smartphone could have been released before the end of this year, but that its launch has been postponed until next year as company founder William Li pursues a high-end route for the new business.
9/15/20222 min read
PICO's Sales Fall Short of ByteDance's Expectations as Challenges Mount
As a strong competitor of Meta's Quest 2 device, a range of new PICO 4 products released this year have earned extensive attention. Now the company is suffering from internal and external challenges.
11/10/20224 min read
Keep's Stock Price Falls More than 30%, Hitting A New Low
On January 4th, the share price of leading sports technology company, Keep, fell by more than 30% during trading hours, reaching a new all-time low since its listing.
Pinduoduo Launches Monthlong Campaign to Promote Reading
Pinduoduo is giving out 50 million yuan ($7.7 million) to encourage book purchases on the e-commerce platform as part of its “Duo Duo Reading Month” campaign to promote reading.
4/20/20213 min read
ByteDance Launches Another Share Buyback, Valuation Declined by 10%
ByteDance, the parent company of TikTok, is allegedly proposing to repurchase approximately $5 billion in shares from investors, a move that would value the company at around $268 billion, according to two sources familiar with the matter, per Reuters.
12/7/20232 min read