Hesai Technology and SAIC Volkswagen Reach Cooperation Intention
On September 29th, SAIC Volkswagen reached a cooperation intention with Hesai Technology.
10/1/20242 min read
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ByteDance's Toutiao Develops E-Commerce Service With Douyin
ByteDance-owned news and content aggregation platform Toutiao has announced recently that its livestreaming section will be wholly upgraded and that its streaming services will be provided by Douyin, the Chinese mainland version of TikTok.
6/1/20222 min read
OPPO Find X: Design and Engineering of the New High-End Flagship
After launching the Find X flagship smartphone at the Louvre in Paris earlier this month, OPPO has brought their latest device home for a launch in Beijing, Chi...
6/30/20186 min read
Pinduoduo to hold “Smart Agriculture Competition”
China’s major e-commerce player Pinduoduo will hold an agricultural technology competition, aiming to help improve and develop China’s agriculture industry.
5/27/20201 min read
Cross-border E-commerce Retailer SHEIN Restarts New York IPO Plan
Chinese fashion retailer SHEIN is reviving plans to list in New York this year. It was not immediately clear how much the company was looking to raise from its New York debut.
1/25/20222 min read
CATL and Gresham House Establish Global Strategic Partnership
Chinese battery giant CATL announced on December 22 that it has reached a long-term agreement with Gresham House Energy Storage Holdings PLC, a specialist alternative asset management group based in London, involving the supply of up to 7.5 GWh in battery energy storage systems (BESS).
12/22/20223 min read
Former Alibaba CEO Daniel Zhang Joins Firstred Capital
The former Chairman and CEO of Alibaba Group, is set to join Firstred Capital as a managing partner.
Tang En Technology Bags Tens of Millions of Yuan in Angel and Pre-A Rounds of Financing
Tang En Technology, a commercial-use cleaning robot company, has recently completed tens of millions of yuan in an angel round and pre-A round of financing, with Country Garden Venture Capital serving as lead investor.
1/6/20222 min read
China VC Weekly: HeyTea’s Rumored RMB 16B Valuation and Big Week for Enterprise Service Providers
AI, Big Data, Telematics and Logistics services caught investors’ attention and raised significant funds, hinting at a bright future for such services in the digitizing world.
Huawei to Release P50 Pocket Foldable Screen Flagship Smartphone on December 23
Huawei announced on December 14 that it will hold the firm's new flagship product launch winter conference at 15:30 on December 23. According to the official poster, the new phone is named 'Huawei P50 Pocket'.
12/14/20212 min read
Dingdong Maicai Denies Rumors of Internal Layoffs
Reports have emerged recently alleging major staff layoffs within Chinese fresh grocery e-commerce firm Dingdong Macai. The company has responded to the news, assuring that all business is in normal operation.
1/13/20222 min read
Blizzard Halts Game Services in China as Licenses With NetEase Expire
Blizzard Entertainment, a leading game developer and publisher based in California, announced on November 16 that it will be suspending most game services in mainland China due to the expiration of current licensing agreements with China's NetEase.