TikTok Parent ByteDance Dispels Rumors Around Acquisition of BlueFocus
Beijing-based ByteDance as clarified rumors regarding the acquisition of Chinese marketing and brand management services provider BlueFocus.
6/18/20201 min read
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Mixue's Funding Subscription Exceeds HK$1.77 Trillion, Becoming A Phenomenal IPO
As of February 26, Mixue's financing subscription amount exceeded HK$1.77 trillion, setting a historical record for Hong Kong stocks.
2/26/20252 min read
New Solution for Assisted Driving: Sensing Takes Precedence Over Mapping
At present, there are two main types of urban navigation assisted driving systems in China. One of them is the "multi-sensor fusion + high-precision map" scheme, while the other is the "sensing takes precedence over mapping" approach.
9/20/20224 min read
ABCDE Co-founder BMAN: Do the Right Thing
In June, BMAN announced he has teamed up with Jun Du, the cofounder of Huobi, to launch a $400 million fund named ABCDE. In this interview, BMAN recalls his past 10 years in the crypto world and introduces what ABCDE is trying to do.
8/4/202217 min read
Ni Xingjun Steps Down From Ant Group Blockchain Company
Ant Group Blockchain Technology (Shanghai) Co., Ltd. issued an official change on August 3 to its registration with China's Industrial and Commercial Administration, switching its legal representative from Ni Xingjun to Zou Liang.
8/8/20222 min read
Starbucks’ Real Rival in China is not Luckin Coffee, It’s Bubble Tea
It seems like any person at least moderately familiar with China would know that it’s a realm of tea.
PICO Starts Small-Scale Layoffs, New Products to Be Unveiled in April
PICO, a VR brand acquired by ByteDance, will launch two new products in the near future, one of which will be the PICO 4 Pro, to be launched in April or May, and the other is a low-end version based on the PICO Neo 3 for the lower-end market.
2/16/20233 min read
MenuSifu: On A Mission to Bring Technology to Asian Restaurant Owners
As Asian cuisines enter the international mainstream, the needs of restaurateurs are soaring. Being rooted in the industry, MenuSifu hopes to help them tackle all kinds of operational problems and grow together.
6/2/20227 min read
BYD Chairman: NEV Industry's Future Lies in Intelligence
Chinese electric vehicle maker BYD held its 2021 annual stockholders meeting on Wednesday. Wang Chuanfu, Chairman of BYD, said at the meeting that the first half of developing new energy vehicles is electrification and the second half is intelligence.
6/9/20223 min read
Xiaomi Founder Lei Jun Comments on Large-Scale Models and AIGC
On the evening of April 14, Xiaomi founder Lei Jun posted on Chinese social media platform for the first time about Xiaomi's views on large-scale models and AI-generated content (AIGC).
4/17/20233 min read
OPPO R17 Unveiled Through Official OPPO F9 Twitter Images
OPPO R17 specifications are unveiled in part through the international edition shared on Twitter, confirming its V-shaped front camera design and on-screen fing...
7/31/20182 min read
Chinese Battery Firm EVE to Invest in Joint Lithium Salt Project
On July 21, EVE Energy Co., Ltd. (EVE), a Huizhou-based lithium batteries supplier, announced it plans to set up a joint venture in China's Hunan province, and to invest in the staged construction of a lithium salt project with an eventual annual output of 90,000 tons.
7/22/20223 min read