Automated Driving Company Pony.ai Denies Postponement in Car-Making Plan
China's well-known automated driving company Pony.ai is reportedly at a standstill in its plans to build passenger cars. The firm later denied this news.
11/17/20212 min read
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Alibaba's Office Communications Software DingTalk Appoints New COO
Ku Wei, general manager of the IoT business unit within Alibaba Cloud, has taken up the post of COO of DingTalk, an office software product owned by Alibaba Group.
3/17/20222 min read
Didi Stocks Rise 9% After Tencent Increases Shares
The US Securities and Exchange Commission released a document on Thursday suggesting that Chinese tech giant Tencent has added about 1.8 million Class A ordinary shares to its existing holdings in ride-hailing firm Didi Global Inc.
2/11/20222 min read
Leekr Technology Secures Nearly 200M Yuan in Round-A Financing
Leekr Technology, a chassis-by-wire system solutions provider, announced its completion of A and A+ rounds of financing, securing a cumulative amount of nearly 200 million yuan.
5/19/20222 min read
MiChat, ByteDance, Likee awarded as OPPO's 'Best Overseas Partners'
At the recent 2019 OPPO Developer Conference (ODC19) held in Beijing, five products, including MiChat, ByteDance and Likee, were named OPPO's "Best Overseas Partners."
1/3/20202 min read
Bubble Tea Chain Nayuki Obtains Go-Ahead for $500 Million Hong Kong IPO
Premium bubble tea chain Nayuki Holdings passed a hearing for its initial public offering on the Hong Kong Stock Exchange, becoming the first publicly-listed Chinese high-end beverage brand.
6/7/20213 min read
Tesla China Launches Oil-for-Electricity Campaign
The recent series of new energy policies in China has promoted more customers to the stores. Tesla China now provides gifts for replacing fossil fuel-based vehicles with electric models.
6/27/20222 min read
J&T Express Officially Invests in Best Inc. After $1.1 Billion Acquisition
The original shareholders He Lili and Chen Wei have withdrawn, and the new shareholder J&T Express now holds 100% of shares.
12/10/20213 min read
Tencent Music Adjusts Management: VP Dennis Hau Resigns as CEO, Liang Zhu Takes Over International Business
Tencent Music Entertainment Group (TME) announced that Dennis Hau resigned from the group for personal reasons and Tencent decided to respect his decision following a discussion.
1/11/20223 min read
Tesla Giga Shanghai Reaches Annual Output of 450,000 Units
According to media sources recently invited to visit Tesla's Shanghai car factory, the combined annual output of Model Ys and Model 3s at the location has reached 450,000 vehicles.
8/10/20213 min read
Chinese Bubble Tea Chain Nayuki’s Tea to Finish a $100 Million Round of Funding
Nayuki's Tea, or Nayuki, one of the buggest bubble trea chians in China, aims to complete a $100 million fundraising to compete with major rival HEYTEA.
JMGO, ROEHL and More Partners Join 2020 League of Legends World Championships
On Aug. 3, China’s League of Legends esports operator TJ Sports unveiled the partners for the 2020 League of Legends World Championships (S10).