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On June 6, sports community platform Hupu officially confirmed that it obtained 1.26 billion yuan ($182 million) from Bytedance in the pre-IPO round. This gives Bytedance a 30% stake in Hupu.
Alibaba Group started its sixth annual Philanthropy Week on Tuesday with a series of online and offline initiatives across its businesses and new ways for the public to participate.
E-tronic, a provider of power semiconductors and system solutions for electric vehicles, has recently announced the completion of its series A+ financing round raising tens of millions of yuan. The funding was exclusively led by Sinovation Ventures.
Nuverse, a company owned by Beijing-based technology giant ByteDance, is planning to develop a 3D open world game similar to Genshin Impact.
Tencent showcased its vehicle-cloud integration technology and advances in smart driving maps, cockpit interaction solutions and more on the Tencent Intelligent Mobility Ecosystem Day on April 17.
BYD announced it would build an electric truck factory in Canada, which will be its first electric car assembly plant in Canada. The electric truck plant is sch...
Cainiao Global, a logistics company backed by Chinese tech giant Alibaba, reached a cooperation agreement on Wednesday with commerce platform Shoplazza.
Baichuan Intelligent Technology has completed its Series A1 strategic financing round, raising over 300 million US dollars. Tech giants such as Alibaba, Tencent, Xiaomi, and several top investment institutions have all participated in this round of financing.
Yu Yongfu, the newly appointed CEO of Alibaba’s Local Life department after the company's recent sexual harassment scandal, is gearing up for a major organizational reshuffle.
Chinese chip company SemiDrive recently launched an intelligent cockpit and parking integrated solution based on the high-performance automotive processor X9U.
As Huawei’s launch day, Dec. 23, approaches, specifications about its new smartphones, Huawei nova 8 series including nova 8 and nova 8 Pro, and Huawei Enjoy 20 SE are tipped by smartphone bloggers.
Shenzhen-based warehouse robotics startup HAI ROBOTICS announced that it has secured two new continuous rounds of financing, garnering over $200 million in total.