What's Next for Chinese Smartphone Makers in India?
How many Mi fans and Huawei fans are there in India? These are anyone's guess. We can see through reports, however, that the competitiveness of Chinese brands ...
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Huawei Founder Emphasizes "Survival" Amid Economic Challenges
Huawei's internal forum published an article on August 22 about the whole company's business policy changing from pursuing scale to pursuing profit and cash flow.
Tencent's WeChat Video Channels Saw Robust Growth in 2022
WeChat, Tencent's mulitfunctional social media app that is ubiquitous in China, saw its business ecosystem expand last year with the robust growth of a video-based feature called Channels.
Xiaomi Invests in Chassis-by-Wire Firm Tongyu Automotive
Shanghai-based Tongyu Automotive has recently changed its official industrial and commercial registration information, adding Hainan Jimu Venture Capital (an affiliated company of Xiaomi) and Cowin Capital, as shareholders.
6/21/20222 min read
US Formally Removes Xiaomi From Blacklist
On May 25, the US District Court for the District of Columbia issued a final judgment regarding Chinese electronics company Xiaomi’s previous designation as a “Communist Chinese Military Company” (CCMC).
5/26/20212 min read
Zhihu Completes Largest Funding Round Ever of $450 Million
Chinese Quora-like website Zhihu completed a $450 million F-round funding led by popular Chinese short video platform Kuaishou and internet giant Baidu today, according to 36Kr.
Meituan Upgrades Assurance Services for Unused Travel Orders Due to the Epidemic
Meituan on Thursday announced that, in order to help travelers in the next round of epidemic prevention and control, the company has upgraded its assurance services for orders affected by the pandemic.
8/5/20212 min read
Autonomous Driving Company Roadstar.ai Fired One of its Co-founders
On Jan. 21st, the Chinese autonomous driving company Roadstar.ai announced the dismissal of one of its co-founders Zhou Guang. All relevant labor contracts have been terminated accordingly.
1/22/20192 min read
OPPO Denies Plans for 2024 EV Launch in India
News emerged that OPPO is moving into the market of electric vehicles and plans to launch its first EV in India in late 2023 or early 2024. In response to this report, employees of OPPO said that they had never heard of such a plan.
11/23/20213 min read
Only 20% Stores Operate Digital Products and Some Even Sell Tofu in China's Computer Mall
Once upon a time, Guangbutun Computer Mall was famous across China. There was even a saying in the industry that in the north, there is Zhongguancun Village in ...
10/14/20176 min read
Ucommune Officially Withdraws $100 Million US Listing Plan, Instead Targets SPAC Merger
Chinese co-working space provider Ucommune Thursday announced the withdrawal of its initial public offering plan from the New York Stock Exchange where it originally filed in December 2019.
CATL Develops Faster-Charging Batteries for Tesla's Upcoming Low-Cost Electric Vehicle
China's leading battery manufacturer CATL is developing faster-charging batteries for Tesla as the automaker seeks to defend its market share and introduce an electric vehicle priced below $25,000.
3/25/20242 min read