Xpeng Motors Updates Prospectus with Plan to Raise up to $1.2 Billion
Xpeng Motors said in a filing with SEC on Aug. 21 that the company plans to issue 85 million American Depositary shares in the range of $11 to $13 per share in their US IPO.
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Oriental Selection Teams Up with TikTok for Overseas Expansion
Oriental Selection is exploring overseas markets with TikTok, improving the efficiency of product procurement processes by integrating high-quality supply chain resources.
Huawei Officially Releases Developer Preview Version of HarmonyOS 3, HMS Core 6, and Privacy Protection Claims
At the 2021 Huawei Developer Conference this afternoon, Huawei released a series of leading development technologies, tools and platforms, such as the Developer Preview Version of its HarmonyOS 3 and HMS Core 6.
10/22/20214 min read
Wal-Mart Performs Well in Year of Cooperation with JD.com
Alibaba's purchase of a 36.16 percent stake in SUN ART Retail Group – a $2.9 billion investment – shook business news on November 20. Alibaba, the e-commerce gi...
Competition Heats up as China Issues 5G Licenses to Major Carriers
On June 6, the Ministry of Industry and Information Technology officially granted 5G licenses for commercial use, marking China's official entry into the 5G era.
6/6/20192 min read
Tencent Becomes Majority Shareholder of Game Developer Tequila Works
Tequila Works, the studio that developed Song of Nunu: A League of Legends Story, announced on Tuesday that Chinese tech giant Tencent has become its majority shareholder.
3/16/20222 min read
The WeChat Gift-Giving Feature Is Currently Undergoing Gradual Grey-Scale Testing
Tencent responded to the news that WeChat plans to fully open the 'gift-giving' feature before the Spring Festival, stating that currently the 'gift-giving' feature is gradually being tested in a gray scale manner.
Former Vice President of 37Games Joins ByteDance as Head of Douyin Ecological Strategy
Lin Junquan, former Vice President of 37Games, has joined ByteDance as the head of Douyin's ecological strategy. Lin is currently responsible for the entertainment content and the overall strategy of the platform.
OPPO Unveils Three Reno9 Series Smartphones
Chinese smartphone firm OPPO unveiled its Reno 9 series in China on November 24. The lineup includes three models, namely the Reno9, Reno9 Pro, and Reno9 Pro+. OPPO's Enco R Pro TWS headset also appeared at the launch conference.
11/24/20223 min read
Walmart and Tencent Signs Strategic Partnership to Create Digital Retail Benchmark in China
On June 7, Walmart China and Tencent jointly an in-depth strategic partnership in future digital retail. SEE ALSO: China retaliates against the Sino-US trade w...
Baidu and Geely's Joint Venture Jidu Automobile Tests SIMU Cars
On Tuesday, Wang Weibao, the head of Jidu Auto's intelligent driving division since August, said that their SIMU Car (simulated prototype car) is now under dynamic testing.
11/3/20212 min read
XPeng Denies Links to Ex-Apple Engineer Charged With IP Theft
Reports that a former Apple employee pleaded guilty to charges of stealing trade secrets prior to joining Chinese automotive firm XPeng sparked widespread discussion on August 23. The EV maker denied its connection with the case on the same day.