BOSCH China Officially Releases the Shanxi AITO M7 Accident Statement
BOSCH China officially released the Shanxi AITO M7 accident statement: The vehicle did not carry BOSCH intelligent driving system.
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Behind the Evergrande Debt Debacle
Past weeks have seen an onslaught of headlines surrounding the ordeal now faced by China Evergrande Group, once the world’s leading real estate-owning company by total assets, as it grapples with a lack of funds to service its growing debt and deteriorating public confidence.
7/30/20215 min read
Three Things You Need to Know About Ant Group
Last week, Ant Group announced that it sought to be co-listed in The Stock Exchange of Hong Kong and the Nasdaq-like STAR market in Shanghai Stock Exchange.
WeChat Rejects Rumors of Snooping, Doesn’t Store or Analyze Chat
WeChat officially denied rumors that it monitors users' chat activity or retains chat records on January 2. Chat records are only stored in the user's mobile ph...
Former Huawei Employee Spends 251 Days in Prison on Bogus Extortion Charges
A former Huawei employee was detained for extortion in late 2018 after demanding that the company pay him a contract termination compensation of roughly 300,000 yuan.
12/2/20192 min read
ofo Investor Says it is Profitable Only When Mobike Merges with ofo
On the Third Fudan Chief Economist Forum in Shanghai, when talking about sharing bicycle development, Allen Zhu, the managing director of GSR Venture and invest...
Amid Mounting Economic Pressure, XTransfer Helps Chinese SMEs Go Abroad
XTransfer, a Shanghai-based fintech startup established in 2017 by former Ant Group employees, is seeking to streamline Chinese cross-border e-commerce.
3/7/20224 min read
Li Auto Announces Details on L9's Appearance
Chinese electric vehicle maker Li Auto officially revealed the appearance of its Li Auto L9 model on Wednesday. The car will make its debut at Auto China 2022, with a price range of 450,000-500,000 yuan ($70,914-78,794).
3/17/20222 min read
Details on OPPO's New Foldable Phone Exposed
OPPO is currently developing two new foldable phones. One has the code name "Dragonfly."
7/4/20223 min read
Vivo Launches New Dual Display NEX Phone
On Dec. 11, Vivo launched the new dual-display NEX phone in Shanghai. The main feature is the additional screen on the phone's back. SEE ALSO: Over 130,000 Pre...
12/11/20182 min read
Trip.com Group Reports Q3 Revenue of $832.34 Million
Chinese travel services platform Trip.com Group released its unaudited financial report for the third quarter of 2021 on Thursday.
12/16/20212 min read
First Tooling Trial Prototypes of Nio ET7 Roll Off Production Line, Deliveries to Begin Q1 2022
On September 16, the first batch of the Nio ET7 tooling trial prototypes rolled off the production line at the JAC Nio Advanced Manufacturing Base in the central Chinese city of Hefei.
9/17/20213 min read