Faraday Future Fires Furloughed Employees
American EV-startup Faraday Future has fired a number of employees who have been on unpaid leave for months.
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Retired Property Magnate Wang Shi Files Hong Kong Listing Application for Destone Acquisition
Destone Acquisition, a special purpose acquisition company (SPAC) with backing from Wang Shi, the founder of major Chinese property developer Vanke, on April 8 formally submitted an application for listing on the HKEx.
4/11/20222 min read
Microsoft AI, Alibaba AI Outscore Humans in Reading Comprehension
AI has defeated humans in chess and poker, and now it has come to dominate another field: reading comprehension. SEE ALSO: Alibaba Develops Autonomous Driving:...
Hesai Technology Reaches Cooperation With SAIC Motor Subsidiary to Speed Up Mass Production of Autonomous Vehicles
On Wednesday, lidar firm Hesai Technology and Youdao Zhitu, a commercial vehicle intelligent driving company owned by SAIC Motor, announced a new strategic cooperation agreement.
12/16/20213 min read
Ubisoft partners with Tencent to bring top games to China
On March 21, Ubisoft and Tencent have reached a strategic agreement in which Tencent will operate, release and promote Ubisoft's most successful PC and mobile c...
MONA M03 Will Be Launched on August 27
On August 13, He Xiaopeng, Chairman of XPeng Motors, announced that the MONA M03 will be launched on August 27.
8/14/20242 min read
Xiaomi SU7 Officially Launched, Starting Price at 215,900 Yuan
Xiaomi EV held a press conference today, and the Xiaomi SU7 was officially launched and delivered, with a starting price of 215,900 yuan. The chairmen of NIO, Li Auto, and XPeng Motors all attended the event.
ByteDance's Doubao Video Generation Large Model Released
Volcano Engine has officially launched two large models for Doubao Video Generation: PixelDance and Seaweed, marking ByteDance's formal entry into the AI video generation sector.
9/24/20243 min read
Disinfection Robotics Company PeroPure Raises Nearly $10M in New Funds
Chinese health technology firm PeroPure has successively completed Pre-A and Pre-A+ rounds of financing, with investment from DCM and ZhenFund, respectively.
2/18/20223 min read
Many Businesses Join Alibaba.com Station Semi-Hosted Model
Alibaba.com revealed the latest data since the launch of its first cross-border B2B semi-hosted platform. Many merchants signed up on-site to settle down during the investment promotion conferences.
2/1/20242 min read
No Merger for Airbnb & Tujia: the Competition in China Continues
Tujia.com, Airbnb's equivalent in the China market, denied the rumor of a possible merger on June 1, stating that the two short-term rental service platforms ha...
Didi Owned Brazilian Transportation Startup 99 Celebrates 1 Billion Trips Completed
99, a Brazilian ride-sharing platform a subsidiary of Didi Chuxing (“DiDi”), today celebrated reaching 1 billion trips completed on its platform.