Gucci to Join Alibaba’s Tmall Luxury Pavilion: Global Luxury Brands’ Next Step in China
Gucci opened its first flagship store today on Alibaba’s Tmall, an e-commerce platform for B2C online retail in China.
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Douyin: Brand Transactions Gain Average Monthly Growth Rate of Over 24% in 2022
"Douyin E-commerce's New Brands Growth Report for 2022" was officially released, which was jointly published by Douyin E-commerce, Mass Consumption Business Center of ByteDance's Ocean Engine and Arithmetic Report.
1/13/20223 min read
XPeng Plans to Develop Fully Unmanned Driving in Three Years
During the XPeng Tech Day held on October 24, the Chinese electric vehicle maker revealed its development schedule for intelligent assisted driving and the recent progress of its flying cars and robots.
10/25/20223 min read
TikTok CEO Grilled by US Lawmakers
The United States Congress recently held a hearing on TikTok after a three-year hiatus, revisiting concerns over the app's ownership by ByteDance and the possibility of separating it from the Chinese parent company or outright banning it in the US.
Chinese Super League 2019 Weekly: Top Three Falter, Zahavi Golazo, Elkeson Debut for China
Chinese Super League 2019 Weekly: Matchweek 24.
Wife of Former CEO of Faraday Future Files for Divorce
Gan Wei, Jia Yueting's wife initiated divorce proceedings and has filed a proof of claim in the amount of approximately $571 million, ever since Jia filed for bankruptcy back in October of 2019.
2/13/20202 min read
Intel Responds to Accusations of "Cybersecurity Threat" Warned by Chinese Authorities
"Intel has been actively working closely with customers and the industry to ensure the safety and quality of our products", states the company in response to "cybersecurity threat" accusations.
Alibaba Cloud Launches World's Largest Intelligent Computing Center
On August 30, Alibaba Cloud announced the official launch of its Zhangbei Super Intelligent Computing Center, with a total construction scale of 12 EFLOPS AI computing power, which will surpass Google's 9 EFLOPS and Tesla's 1.8 EFLOPS.
8/30/20223 min read
China's CATL to Start Construction of Hungary Factory This Summer
Chinese energy battery giant CATL's battery factory in Debrecen, Hungary will officially begin construction this summer, with trial operations starting next year and production beginning in 2025.
4/18/20232 min read
Agora Earned $45 Million in Q3 2021, Up 46% YoY
The update says that the firm earned $45.04 million in Q3, up 46% from last year's $30.8 million.
11/16/20212 min read
JSDesign Secures Tens of Millions of Dollars in Series B+ Financing
Chinese cloud-based UI design tool JSDesign has secured tens of millions of dollars in Series B+ financing.
6/1/20222 min read
Livestreaming Entertainment Firm Inke Rebrands as Inkeverse
Beijing-based internet firm Inke Limited officially changed its name to Inkeverse Group Limited on Wednesday.
6/15/20222 min read