Apple's "Braided" Customer Service Image Sparks Controversy
Apple's “braided” customer service sparks controversy as image remains on official website.
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Luckin Coffee Denies Nasdaq Relisting Plan
Reports have emerged that Chinese beverage chain Luckin Coffee is exploring plans to relist its shares in the U.S. following a high profile removal in June 2020. Luckin has since denied the report.
1/20/20222 min read
Tencent Sports Resumes NBA Preseason Live Broadcasts
Despite announcing on October 8 on Weibo that the NBA preseason broadcast would be suspended amidst the ongoing controversy, Tencent Sports resumed broadcasts of certain games.
10/14/20192 min read
CATL Suspends Lithium Mining Operations
CATL confirmed that it is planning to adjust its production arrangements for Yichun lithium carbonate, based on the recent market conditions for lithium carbonate.
Mobvoi’s Li Zhifei: Stand Back When Giants Battle in the Smart Speaker Market
2017 was supposed to be the year China’s domestic smart speaker market broke out. Alibaba, Xiaomi, JD.com, Rokid, Mobvoi and Himalayas all launched intelligent ...
11/9/20176 min read
Chinese Tech Giants ByteDance and Tencent Explore Cooperation in Gaming Business Amid Market Challenges
ByteDance's Nuverse is negotiating with Tencent and other potential buyers to sell several games, which were developed at a significant cost and are now being offered at a discount, sources say.
1/10/20243 min read
Didi Secures Investment from GAC Group for L4 Autonomous Driving
On October 12, Didi Autonomous Driving announced that it has received investment from GAC Group.
10/13/20232 min read
BYD Denies Rumors of Supplying Tesla With Blade Batteries
BYD has denied rumors it is supplying Tesla with "blade batteries" on Wednesday, asserting that the company never told the media that it would do so, nor did it say that its blade batteries would be used in Tesla's Model Y.
Tencent Sends New Directors to Boards of Douyu and Huya
Tencent has appointed new directors to serve on the boards of Douyu and Huya.
3/27/20202 min read
Meituan's Logistics Drone Factory Has Started Production in Shenzhen
On September 19th, Meituan officially launched its unmanned aerial vehicle intelligent manufacturing center in Longhua District, Shenzhen.
Chinese Regulators Strengthen Supervision Over Bike-Sharing and Power Bank Rental Companies, Including Meituan
The State Administration for Market Regulation continues to strengthen supervision over competition and pricing in the field of the sharing economy.
8/31/20214 min read
Backed by Bain Capital, Chinese Data-Center Operator Chindata Plans to List Shares in US, Targeting $400M
Chindata Group plans for a US listing as early as the third quarter of this year, with the expectation of raising approximately $400 million.