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Chinese ride-hailing giant Didi Chuxing went public on the New York Stock Exchange on Wednesday night with an issue price of $14, meaning that the company’s market value is expected to reach about $67 billion.
Xiaomi SU7 went on sale for 27 minutes, with over 50,000 units sold out. Xiaomi's stock price surged, rising more than 10% at one point.
The AI video startup 'Avolution.ai' will be acquired by MiniMax. The two parties have already finalized the acquisition intention.
On September 13th, Alibaba Cloud announced that the large vision language model Qwen-VL has been approved and is now open to the public.
Shenzhen-based automotive firm BYD, which has recently faced reports of Warren Buffett's share reduction, released its latest sales data on September 2. In August, BYD's total sales reached a new high.
Huawei reportedly signed a £3 billion ($4.18 billion) five-year purchase agreement with the British government. Last Friday, Huawei Chairman Sun Yafang met Brit...
Embodied Robotics Company 'LimX Dynamics' Completes 500 Million Yuan Series A Financing, with Alibaba Group Holding Limited Participating.
After taking measures against Xiaomi, India has reportedly expanded its investigation to ZTE and vivo. Foreign Ministry Spokesperson Zhao Lijian said that the Chinese government is paying close attention to this matter.
Tencent would officially announce the merger of Sogou this week. Due to the merger, Tencent Kandian will absorb most of the business and employees of Sogou.
Xiaomi India launched the Redmi K50i smartphone and Redmi Buds 3 Lite wireless earphones on July 20 while adding that the company has shipped more than 200 million smartphones.
On November 1, NETA Auto, Li Auto, NIO, XPeng and other Chinese electric vehicle firms successively announced their delivery data for October. NIO, XPeng and Li Auto have been gradually surpassed by latecomers.
NIO released its financial report for Q2,2023. During the performance conference call, William Li revealed that they plan to deliver the smartphone product in late September.