| Date | Title | Description |
| 14.06.2024 | 17-year-old fashion student beats prestigious college rivals and AI teams in Alibaba math competition | A 17-year-old fashion design student has garnered widespread attention in China for making it to the final of an Alibaba-backed global math competition, with her background of studying at a Jiangsu-based vocational senior secondary school m... |
| 11.06.2024 | East Buy faces new blow as star influencer Dong Yuhui spits out resistance to work | The stock price of Chinese livestreaming e-commerce company East Buy dropped 9% and closed at HKD 13.9 on Tuesday, fueled by its star livestreamer Dong Yuhui saying that he was very “resistant” to being a salesperson and that he doesn’t enj... |
| 11.06.2024 | Second batch of UN Volunteers funded by China start their assignments | Twenty-four UN Volunteers fully funded by China recently began their assignments with 13 UN partner entities. Serving in 15 countries, they bring their skills to the United Nations to contribute towards sustainable development in the areas ... |
| 10.06.2024 | UNV and China to leverage volunteering for the SDGs | UNV's Executive Coordinator, Mr Toily Kurbanov, recently met with partners in China to explore ways to strengthen existing collaboration and expand partnerships. During a virtual mission, Mr Kurbanov explored the contribution of volunteeris... |
| 10.06.2024 | Hypertherm Associates 海宝推出 XPR460 等离子切割系统 | 利用XPR460精细等离子切割系统提升您的盈利能力
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利用XPR460精细等离子切割系统提升您的盈利能力 新罕布什尔州汉诺威, June 10, 2024 /EINPresswire.com/ -- 美国工业切割系统和软件开发商 Hypertherm Associates 海宝宣布推出最新的创新产品：海宝 XPR460 等离子切割系统。作为采用 X-Definition 技术的 XPR 系列的最新成员，这款创新的等离子系统将以其出色的多功... |
| 06.06.2024 | 地方金融组织不得跨省开展业务 90%的商业保理企业或退出历史舞台 | 随着2021年底中国人民银行发布《地方金融监督管理条例（草案征求意见稿）》（以下简称：《条例》），明确要加强央地监管协调配合，压实地方金融监管职责后，整个商业保理行业就站在了生死存亡的十字路口。 SHANGHAI, SHANGHAI, CHINA, June 6, 2024 /EINPresswire.com/ -- 随着2021年底中国人民银行发布《地方金融监督管理条例（草案征求意见稿）》（以下简称：《条例》），明确要加强央地监管协调配合，压实地方金融监管职责后，整个商业保... |
| 06.06.2024 | Emdoor DIGI participated in Taipei Computex, and its cutting-edge technology products attracted much attention | SHENZHEN, China, June 6, 2024 /PRNewswire/ -- From June 4th to June 7th, Computex 2024, the largest computer show in Asia and the second largest in the world, was held at the Nangang District Exhibition Hall. With the theme of 'AI Connectio... |
| 06.06.2024 | BYD subsidiary reportedly set to supply Tesla Shanghai Megafactory with battery cells | FinDreams Battery, a wholly-owned subsidiary of Chinese automaker BYD, has won a contract to supply affordable lithium iron phosphate (LFP) battery cells to Tesla for the Elon Musk-led auto firm to make its Megapack energy-storage batteries... |
| 04.06.2024 | Li Auto brings sales and delivery teams together in latest reorg: report | Li Auto is going to combine its sales and delivery divisions into a new group in the company’s latest effort to revamp its operations and rev up sales, after reporting lower-than-expected financial results for the first quarter of 2024. The... |
| 04.06.2024 | Alibaba and JD see performance boost during 618 shopping festival | Major Chinese e-commerce player JD has seen a flurry of consumers from lower-tier cities buy goods on its “buy 9.9, enjoy free shipping” channel, which attracted more than 100 times the number of shoppers year-on-year within the first hour ... |
| 31.05.2024 | Xiaomi claims second spot in global wearable wristband market | In the first quarter, global shipments of wearable wristband devices totaled 41.2 million units, with Apple, Xiaomi, and Huawei ranking as the top three brands, according to market research firm Canalys. Apple saw a 12% year-on-year decline... |
| 30.05.2024 | SAIC premium EVs will use NIO charging tech in partnership between rival makers | NIO’s power infrastructure network has continued to secure partnerships, as the company said on Thursday that it now offers owners of IM Motors vehicles access to more than 22,500 proprietary fast chargers across China. They can find the ne... |
| 30.05.2024 | ByteDance pours efforts into AI-driven hardware: report | ByteDance, owner of TikTok and Douyin, reportedly has major initiatives underway for AI-powered hardware projects, with two key hardware divisions currently driving these efforts, according to a 36Kr report that cited several sources. The r... |
| 28.05.2024 | Douyin tightens rules for users involved in trending topics and viral content | TikTok’s Chinese sibling app Douyin implemented a new “hotspot content” verification mechanism on Monday, in what it said was a move to strengthen community regulation and governance of the platform, which has 800 million daily active users... |
| 28.05.2024 | Alibaba signs David Beckham as AliExpress global ambassador | Alibaba has signed one of England’s most iconic football players David Beckham as a global ambassador for its international e-commerce platform AliExpress, a high-profile move as the Chinese tech giant looks to further promote the platform ... |
| 27.05.2024 | JD gives employees both carrots and sticks amid market pressure | China’s online retailer JD said on Monday morning that it plans to raise the annual fixed salary for sales and procurement staff to a 20-month package from the current 16-month over the next one-and-a-half years. The move comes days after f... |
| 27.05.2024 | Douyin sets $552.3 billion sales target for this year: report | Short video platform Douyin is aiming for an ambitious RMB 4 trillion ($552.3 billion) goal in e-commerce transactions this year, according to local media outlet 36Kr. The figure represents an increase of more than 30% on the transactions c... |
| 22.05.2024 | Audi strengthens partnership with China’s SAIC on EV platform | Volkswagen’s premium brand Audi said on Monday it would strengthen its partnership with China’s SAIC to develop a new electric vehicle platform, a move that would enable the German automaker to reduce time-to-market by over 30% in the Chine... |
| 20.05.2024 | JD promises 9 minute delivery time via its upgraded on-demand service | Chinese e-commerce player JD has escalated the country’s on-demand delivery battle as it rebrands its retail service and promises to deliver purchased items in as little as 9 minutes. The company announced the upgrade on Monday on its offic... |
| 14.05.2024 | Douyin to stop third-party advertisers posting on influencers’ channels | China’s biggest short video platform Douyin will stop influencers who post content involving politics, economics, law and healthcare, letting third-party advertisers upload commercials to their channels. According to the TikTok sister app’s... |
| 13.05.2024 | China’s Chery launches answer to Tesla’s Model Y, Audi Q5L | Chery Auto on May 9 introduced the first midsize electric crossover under its mainstream luxury Exeed lineup with both all-electric and plug-in hybrid versions, which the Chinese automaker said would compete with the Tesla Model Y and Audi ... |
| 11.05.2024 | BYD’s latest midsize SUV set to assuage range anxiety | BYD on Friday launched the first midsize battery sport utility vehicle named after a marine animal, targetting young Chinese customers with its flashy design and seeking to compete with Tesla’s Model Y at a price range between RMB 189,800 a... |
| 11.05.2024 | Alibaba opens new campuses in Hangzhou and Beijing on the same day | Alibaba on Friday opened its new global headquarters in Hangzhou, a combination of office and leisure facilities that total nearly 1 million square meters. The new complex nods to the e-commerce giant’s roots and demonstrates its commitment... |
| 10.05.2024 | China’s CATL and French shipping firm CMA CGM to set up joint venture | Chinese lithium-ion battery maker CATL and French shipping company CMA CGM will set up a joint venture to explore the potential of creating an all-encompassing solution for greenhouse gas reduction, according to a statement published on Wed... |
| 09.05.2024 | JD to start 618 shopping event on May 31 with streamlined processes | Chinese e-commerce platform JD is set to kick off its mid-year shopping event at 8 p.m. on May 31, with the company branding it under the theme of “quality and affordability” as price remains a sensitive factor for local consumers. JD has a... |
| 30.04.2024 | Chinese AI firm unveils Sora-like video model, claims “major breakthrough” | Chinese AI startup Shengshu Technology, in partnership with Tsinghua University, unveiled the country’s latest text-to-video model Vidu last weekend, which it said could generate videos no longer than 16 seconds with 1080p resolution. Vidu ... |
| 30.04.2024 | Xiaohongshu says reports of new funding based on $20 billion valuation are “untrue” | Chinese lifestyle sharing social media platform Xiaohongshu has dismissed as “untrue information” reports by local media outlet IPOzaozhidao that it is in the midst of a new round of fundraising that values the company at $20 billion. A pre... |
| 29.04.2024 | Temu aims to triple sales to $60 billion globally in 2024: report | Chinese e-commerce platform Temu has set a $60 billion sales goal for this year that would more than triple the roughly $18 billion it brought in in 2023, and is the most ambitious sales goal among its Chinese counterparts, according to a L... |
| 29.04.2024 | ByteDance fires 61 employees in anti-corruption move | ByteDance has fired 61 employees for violating laws and company policies, citing reasons including bribery and leakage of internal information, according to Chinese media outlets that quoted sources from the tech company. Four individuals f... |
| 26.04.2024 | Alibaba Cloud brings AI video generator EMO to Tongyi Qianwen app | Alibaba Cloud’s Emote Portrait Alive (EMO) model, which is able to convert portrait photos into talking and even singing avatars is now available on its Tongyi Qianwen app, in a move the tech giant hopes will bring a wider user base to test... |
| 26.04.2024 | Honor leads Chinese smartphone market in Q1, Huawei dominates foldable segment | In the first quarter of 2024, the Chinese smartphone market hit shipments of 69.26 million units, marking a year-on-year growth of 6.5%, according to market intelligence firm IDC. Honor claimed the top spot with a 17.1% market share, while ... |
| 26.04.2024 | Genshin Impact developer MiHoYo unveils independent PC launcher for its gaming titles | Chinese game developer MiHoYo announced on Thursday that it is preparing a PC launcher for its gaming titles. Players will have the option to download and install the MiHoYo Launcher in the next few weeks, the company said. The PC launcher ... |
| 24.04.2024 | Chinese text-to-video startup AIsphere receives $13.8 million funding from Ant Group: report | Beijing-based text-to-video startup AIsphere has raised over RMB 100 million ($13.8 million) in its latest A2 funding round from Ant Group, the fintech affiliate of Alibaba, less than two months after the company raised more than RMB 100 mi... |
| 24.04.2024 | Great Wall Motor-backed self-driving startup raised $41.4 million in latest funding round | Haomo.ai, a self-driving car company backed by Chinese automaker Great Wall Motor, said on Tuesday it raised RMB 300 million ($41.4 million) in a Series B2 financing round involving a Chinese local government. The funding was raised from an... |
| 23.04.2024 | Huawei introduces redesigned crossover, unveils new EV brand | Huawei on Tuesday launched a redesigned M5 compact crossover, the first model under the Aito lineup with manufacturing partner Seres. The Chinese tech giant billed the new vehicle as more spacious, better equipped, and with faster accelerat... |
| 22.04.2024 | Alibaba Cloud to support free training based on Llama 3 for a certain period | Alibaba’s cloud computing unit will offer free training, inferencing, and deployment services based on Meta’s new Llama 3 open-source model for a limited period to local enterprises and developers, Alibaba Cloud said on Monday in a WeChat p... |
| 19.04.2024 | Meituan names a new CEO to lead core local commerce | China’s food delivery company Meituan has appointed Senior Vice President Wang Puzhong as CEO of its new core local commerce business, marking the first time the firm has had two chief executives. The core business integrates Meituan’s in-s... |
| 19.04.2024 | Ant, Baidu, and Tencent partner with US AI firms on UN’s first global GenAI standards | China’s Ant Group, Baidu, iFlytek, and Tencent joined US AI firms including OpenAI and Meta in working on two global GenAI and LLM-focused standards which were published by the United Nations on Tuesday. The “Large Language Model Security T... |
| 17.04.2024 | China’s BYD unveils its latest supercar: the Super 9 | BYD on Tuesday unveiled the first supercar under its premium off-road electric vehicle brand called Fangchengbao, which promises ultimate performance and luxury with bold design treatments — the latest example of Chinese automakers going up... |
| 15.04.2024 | Tencent Cloud says recent service failure results from cloud API anomalies | Tencent Cloud said an 87-minute-long outage affecting customers in 17 regions worldwide last Monday was caused by cloud API anomalies, the latest among China’s internet giants’ cloud service crashes that impacted dozens of products. “The se... |
| 12.04.2024 | Meituan overhauls core meal delivery operation to address challenges: report | Meituan has pushed further restructuring in its core food delivery unit with an announcement on naming younger people to management level, in the company’s latest round of changes this year as it looks to adapt to increasing external compet... |
| 11.04.2024 | Jack Ma praises Alibaba’s changes in the past year under new chairman and CEO | Jack Ma said in an internal Alibaba memo on Wednesday that the company he co-founded has “returned to healthy growth” since new chairman Joe Tsai and CEO Eddie Wu came to power. Ma also shared his support for the company’s continued reforms... |
| 09.04.2024 | Toyota’s China joint venture to use Huawei components for autonomous driving: report | Toyota has reached a deal with Huawei on the use of key components from the Chinese tech giant’s mobile data center (MDC) platform for enabling autonomous driving functions on its locally-made electric vehicles, people familiar with the mat... |
| 09.04.2024 | China’s group-buying platforms shift focus to profitability amid declining popularity: report | Meituan Select and Duoduo Maicai, the two main players in China’s community group-buying field, have both seen narrowed losses last year as cost-reducing measures continued. According to the local media outlet LatePost, the two participants... |
| 09.04.2024 | Alibaba Cloud cuts prices for international customers as AI demands rise | Alibaba Cloud has slashed prices of its core computing, storage, network, database, and big data products in international markets by as much as 59% amid surging AI demands, the company announced on Monday. The cuts come just one month afte... |
| 03.04.2024 | Light Year founder Wang Huiwen returns to Meituan as part-time consultant | Meituan’s co-founder Wang Huiwen will return to the food delivery giant as a part-time consultant as he “gradually recovers his health,” Wang Xing, chief executive of the company, announced Tuesday in an internal memo. Wang Huiwen’s return,... |
| 02.04.2024 | 3 people died after being ripped from their high-rise apartments by freak wind storms in China, local reports say | Real Estate 3 people died after being ripped from their high-rise apartments by freak wind storms in China, local reports say
Matthew Loh
2024-04-02T05:25:09Z
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| 02.04.2024 | Alibaba to test rocket package delivery service with China’s startup Space Epoch | Chinese e-commerce giant Alibaba is joining forces with a rocket maker startup Space Epoch to test rocket-powered parcel delivery, expected to reach shoppers worldwide within an hour. “A lot of great things seem like a joke at first,” Aliba... |
| 02.04.2024 | Bilibili overhauls main site operating unit as profitability timeline looms | Bilibili’s main site operating center has been replaced by five relatively independent category units in a recent overhaul, according to a Monday report by media outlet LatePost. The move comes as part of efforts to split the video streamin... |
| 01.04.2024 | JD to offer cheaper delivery services, bets big on on-demand sector | Chinese online retailer JD has lowered its free-delivery minimum order for one-hour delivery services to RMB 29 ($4.01), shortly after the e-commerce titan set on-demand services as one of its “must-win battles” in 2024. This type of busine... |
| 29.03.2024 | Sungrow Powers Its Way into the Prestigious 2024 Fortune Asia Future 30 | HEFEI, China, March 29, 2024 /PRNewswire/ -- Sungrow, a global leading PV inverter and energy storage system supplier, has emerged as one of the standout companies on the 2024 Fortune Asia Future 30 list. The list, which recognizes the most... |
| 29.03.2024 | China’s online video market shines with expanding short video capabilities | Online video services have gradually become “a key engine to activate the new quality productivity” of the digital economy, said the China Netcasting Services Association (CNSA) in a report, as the market size totaled RMB 1.15 trillion, con... |
| 29.03.2024 | AliExpress to sponsor Euro 2024, urges merchants to prepare well amid surging traffic | Alibaba’s cross-border e-commerce platform AliExpress secured a deal to become an official partner of UEFA Euro 2024, doubling down on its bet in the European market that echoed rival Temu’s multimillion-dollar investments in the Super Bowl... |
| 22.03.2024 | Ex-Alibaba CEO joins lesser-known capital firm for new career | Daniel Zhang, the departing chairman and chief executive of Alibaba, has joined Firstred Capital as a managing partner, the Chinese investment fund announced on Thursday. “Daniel Zhang will partner with the fund’s founder, Liu Xiaodan, to e... |
| 22.03.2024 | Ele.me outlines business plan for the next three years amid leadership reshuffle | Chair of Ele.me Wu Zeming said the new management team has outlined the food delivery arm’s operating plan for the next three years, which it has formed in discussion with its parent company Alibaba. The move is “the best response” to exter... |
| 21.03.2024 | Last War: Survival Game boosts FirstFun to fifth in Chinese mobile game publishers | In February, Tencent, NetEase, miHoYo, Century Games, and FirstFun emerged as the top five mobile game publishers among Chinese firms in terms of global mobile game revenue, according to the analyst firm SensorTower. The strategic game Last... |
| 20.03.2024 | miHoYo cracks down on Genshin Impact private server operators, main offender sentenced | Chinese game developer miHoYo’s recent legal actions against private server operators for its hit title Genshin Impact resulted in significant penalties, with chief instigator Yin sentenced to four years and six months in prison and fined R... |
| 19.03.2024 | Alibaba’s grocery unit head steps down in latest overhaul: report | Hou Yi, who founded Freshippo in 2016 as a new retail practice for Alibaba, announced on Monday his decision to step down as chief executive in a surprise move, amid frequent sale rumors overshadowing the supermarket chain. Chief financial ... |
| 18.03.2024 | GSR Ventures exec says no to LLMs, opts for market-ready AI products | Artificial IntelligenceNews
Miguel Cordon · 18 Mar 2024 · 2 min readGSR Ventures exec says no to LLMs, opts for market-ready AI products
Shanghai view / Photo credit: Pixabay
Allen Zhu, a seasoned investor and managing director for GSR Vent... |
| 15.03.2024 | I-Mab Reports Full Year 2023 Financial Results and Business Update | Recently announced agreement to divest assets and business operations in China marks an important milestone for the Company; the transaction is expected to close by the end of March 2024
Uliledlimab (CD73 antibody) on track to file an IND i... |
| 14.03.2024 | NIO’s first mainstream model glimpsed in leaked pictures | NIO’s long-awaited new mainstream brand will be called ONVO, or Le Dao in Chinese pinyin, meaning a happy and well-managed family, as the luxury electric vehicle maker looks to expand its reach to young Chinese families with more accessible... |
| 14.03.2024 | Whiteout Survival achieves $500 million revenue within one year of release | The analyst firm SensorTower unveiled the top 30 mobile game chart for February, highlighting titles from Chinese developers based on their overseas revenue from both Google Play and the App Store. The top five Chinese mobile games were Whi... |
| 13.03.2024 | Chinese GenAI venture raises $14 million, claims itself akin to Sora | Chinese GenAI startup AIsphere, aiming to be as powerful as Sora technically within six months, announced on Monday that it has raised RMB 100 million ($13.9 million) in a Series A1 financing round led by Shenzhen-based Fortune Venture Capi... |
| 11.03.2024 | Sony China refutes recent reports of smartphone withdrawal in China | On March 10, Sony China refuted recent rumors that its new smartphones may cease sales in China, affirming the stability of all its operations in the country, including its smartphone business. China remains one of Sony’s most important ove... |
| 08.03.2024 | CCTV debuts AI anchors as part of Two Sessions coverage | The Two Sessions, the annual meetings of the National People’s Congress and the Chinese People’s Political Consultative Conference, were held as scheduled in Beijing from March 5 to 11. With technical support from Alibaba’s Ant Group, the s... |
| 08.03.2024 | Genshin Impact developer miHoYo makes debut in top 10 among global top 50 publishers | On Thursday, based on user expenditures in 2023, the mobile app intelligence platform Data.ai released a list of the top 50 mobile application publishers, with miHoYo making its debut in the top 10. The US leads the top 50 with 18 publisher... |
| 08.03.2024 | Douyin restructures local service sector to counter rivals: report | TikTok’s sister app Douyin has reportedly reorganized its local service department geographically into three regions – North, Central, and South districts – as competition with Meituan in the sector has entered a new phase. A fresh unit ser... |
| 06.03.2024 | Hit otome game Love and Deepspace achieves nearly seven million active users in its first month | On Tuesday, the market intelligence platform QuestMobile released the 2024 Women’s Economy Insights Report that highlights Papergames’ Love and Deepspace as January’s top otome (female-focused romance) game in China, with an impressive 6.78... |
| 05.03.2024 | WeChat now allows direct joining of DingTalk meetings | Tech giants Alibaba and Tencent appear to have further frosty relations as WeChat users are now allowed to join DingTalk meetings directly via the messaging app, DingTalk announced in a statement on Monday. This move breaks with the previou... |
| 05.03.2024 | Li Auto shares plunge on bleak order forecast for first BEV | Li Auto shares plunged nearly 14% on Monday, partly influenced by analysts’ bleak forecasts for the order intake of the company’s first battery electric vehicle model, the Mega. The vehicle was unveiled on March 1 with a higher-than-expecte... |
| 04.03.2024 | Chinese couriers complain over new door-to-door delivery rules | Stricter rules for China’s courier industry that stipulate that delivery workers are banned from putting parcels in end-of-service facilities without user consent have fueled riders’ anger as they claim the new measures will lengthen their ... |
| 04.03.2024 | China’s Fudan University launches AI app for visually impaired individuals | On March 2, Fudan University’s Natural Language Processing Laboratory (FudanNLP) launched the AI-based app Hearing the World, which is designed for visually impaired individuals as an intelligent life assistant. Built upon the multi-modal m... |
| 04.03.2024 | Alibaba’s Ele.me head to step down amid shift to younger leadership | Alibaba’s food delivery head Yu Yongfu is scheduled to step down on the last day of March, coinciding with the end of the company’s 2024 fiscal year, as part of a recent management overhaul at the tech giant. Over three years, Yu has been i... |
| 01.03.2024 | Alibaba Cloud announces second large-scale price cut in a year | Alibaba’s cloud computing unit cut prices of its core products by as much as 55% beginning Thursday, a move that the company hopes will help “spur artificial intelligence growth in China.” “As the biggest cloud service provider in China and... |
| 28.02.2024 | China’s CCTV airs first AI-generated cartoon series | China’s state TV broadcaster aired an AI-created cartoon series, Qianqiu Shisong, starting on Monday, with the 26-episode series a “two-way run-through of Chinese poetry and artificial intelligence,” according to a statement by show partner... |
| 28.02.2024 | Electric vertical takeoff and landing craft completes first flight in Shenzhen | On Tuesday, Shenzhen’s Ministry of Industry and Information Technology announced the successful completion of a trial flight for a locally-developed eVTOL (electric vertical takeoff and landing) craft, which traveled from Shenzhen Shekou po... |
| 27.02.2024 | Dingdong Maicai halts nearly 40 site operations in Guangdong amid cost squeezing | Chinese grocery app Dingdong Maicai closed dozens of operational sites in Shenzhen and Guangzhou at the end of January, which the company claimed is “a regular operational optimization,” according to the local media outlet Southern Metropol... |
| 27.02.2024 | Where does 1688 fit into Alibaba’s e-commerce game plan? | In a recent cross-border investment conference organized by 1688, Alibaba’s online wholesale platform, merchants eager to dive into cross-border sourcing posed questions on a variety of topics, inquiring about strategies for newcomers to th... |
| 26.02.2024 | BYD’s first supercar can dance, self-park, comes with $233,352 price tag | BYD on Sunday rolled out its first electric sports car the Yangwang U9, which boasts a staggering 1,300 horsepower and sprint time of 0 to 100 km/h (62 mph) in 2.36 seconds. The vehicle comes with a price tag of RMB 1.68 million ($233,352).... |
| 25.02.2024 | AniChina, a Chinese entertainment company, participates in the Japan-China Entertainment Research and Exchange Promotion Project of the Japan-China Entertainment Economy Promotion Council. | AniChina, a Chinese entertainment company, participates in the Japan-China Entertainment Research and Exchange Promotion Project of the Japan-China Entertainment Economy Promotion Council.
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| 25.02.2024 | Эксперты выяснили, что себестоимость гарнитуры Apple Vision Pro составляет $1500 | Исследователи аналитической фирмы Omdia оценили себестоимость Apple Vision Pro в $1542. Эта цифра охватывает только компоненты гарнитуры и не учитывает другие затраты, такие как исследования или маркетинг.
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| 23.02.2024 | Haomo.ai Secures $14M Investment for Autonomous Driving Tech | Chinese autonomous driving startup Haomo.ai, backed by Great Wall Motor, has raised $14 million in funding from Chengdu Wufa Private Equity Fund Management. The investment marks the first tranche of the company's Series B funding and will s... |
| 23.02.2024 | Chinese AI educational content creator faces user backlash, copyright infringement allegation | Li Yizhou, a Tsinghua University-educated content creator in AI, has had his educational WeChat mini-program suspended after user anger over “low-quality” content and excessive advertising. Priced at RMB 199 for livestreaming viewers, his p... |
| 22.02.2024 | Sora API priority announcement sees Sinodata shares hit maximum daily limit two days running | Shares of Shenzhen-listed software company Sinodata hit the daily increase limit on Wednesday afternoon during the trading session after announcing it will get priority access to the API for OpenAI’s Sora model when it is available on Azure... |
| 22.02.2024 | Huawei overtakes Apple in China’s Q4 2023 tablet market | In the fourth quarter of 2023, China’s tablet market saw shipments of around 8.17 million units, representing a year-on-year decrease of 5.7%, according to market intelligence firm IDC. Meanwhile, Huawei (30.8% market share) surpassed Apple... |
| 22.02.2024 | Great Wall Motor-backed self-driving car startup raises $14 million from state-backed fund | Haomo.ai, a self-driving car company backed by Chinese automaker Great Wall Motor, has secured a RMB 100 million ($13.9 million) investment from Chengdu Wufa Private Equity Fund Management Co., Ltd., a venture capital firm wholly-owned by t... |
| 22.02.2024 | Douyin joins low-price competition against e-commerce peers | TikTok sibling Douyin is pushing “price competitiveness” as a priority task for its e-commerce business this year, according to a Wednesday report by Chinese media outlet LatePost, deepening the short video platform’s head-to-head confronta... |
| 22.02.2024 | Huawei’s self-driving tech to power China’s answer to GMC Hummer EV | Huawei said on Thursday that it has deepened its partnership with state-owned automaker Dongfeng Motor, allowing its smart and connected vehicle technology to be integrated into the latter’s rugged-looking off-roader under the premium Mengs... |
| 22.02.2024 | China has a birth-rate problem. It's also the 2nd-least affordable country in the world to raise a child, says a Beijing think tank. | Economy China has a birth-rate problem. It's also the 2nd-least affordable country in the world to raise a child, says a Beijing think tank.
Matthew Loh
2024-02-22T05:43:51Z
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| 20.02.2024 | Alibaba and Meituan back new Chinese AI startup valued at $2.5 billion valuation | Moonshot AI, a one-year-old artificial intelligence venture founded by Tsinghua University graduate Yang Zhilin, is valued at $2.5 billion after a $1 billion round of fundraising recently. Investors, including venture capital firm Hongshan,... |
| 20.02.2024 | Nvidia hires ex-Xpeng staffers to boost its autonomous driving business in China | Nvidia has reportedly hired multiple high-performing ex-Xpeng Motors employees to be part of its automotive team in China. The US chip powerhouse is preparing to meet the growing consumer appetite for automated driving functions with more l... |
| 19.02.2024 | Meizu shifts to AI, ceases traditional smartphone development | On Feb. 18, Chinese phone brand Meizu announced a strategic adjustment to cease its traditional smartphone business and transform into AI terminals. Meizu currently possesses the capability for a full-scale transformation into the AI field ... |
| 18.02.2024 | China Eastern Airlines’ C919 aircraft debuts at Singapore Airshow | On Feb. 17, China Eastern Airlines’ C919 aircraft arrived at Singapore Changi Airport after a nearly 6-hour, approximately 4,200-kilometer non-stop flight, according to state-owned media outlet CCTV News. The aircraft was developed by the C... |
| 17.02.2024 | Chinese automakers Wuling, Changan offer holiday discounts to boost EV demand | Chinese major automakers SAIC-GM-Wuling and Changan Automobile are offering steep festival discounts for their electric vehicles in the hope of boosting demand as the world’s biggest car market is expected to see a seasonal demand lull duri... |
| 14.02.2024 | От подрядчика с любовью, или Топ-5 фишинговых тем | Изображение сгенерировано нейросетью Midjourney и дополнено автором статьи
Привет, Хабр! С вами Екатерина Косолапова. Я занимаюсь аналитикой в Positive Technologies и сегодня хочу поговорить с вами про фишинг, или даже так: про влюбленных в... |
| 12.02.2024 | L’Oréal Launches Animal-Free Collagen Skincare in China, As Recombinant Technology Gains Steam | 6 Mins Read With leading beauty conglomerates announcing new beauty lines featuring recombinant collagen, the potential for China to be a leader in the synthetic biotechnology ingredient industry.
In December 2023, the leading international... |
| 07.02.2024 | NIO to start test production of first mainstream model in July: report | NIO is gearing up for the test production of its initial electric vehicle model for the mainstream market, set to commence in July, with a planned launch as early as October. The Chinese premium EV manufacturer aims to enhance sales amidst ... |
| 07.02.2024 | The Pianist 2: The screenplay adapted from Bei La's novel becomes Ronald Harwood's swan song | "The Cursed Piano" SHANGHAI,CHINA, February 7, 2024 /EINPresswire.com/ -- Recently, Bei La expressed her anticipation in Beverly Hills, Los Angeles, for the movie The Pianist 2. The screenplay of this movie is adapted by Sir Ronal... |
| 07.02.2024 | I-Mab Signs Agreement to Divest its Assets and Business Operations in China | Agreement marks an important milestone to advance the Company's intent to become a U.S.-based biotech
Agreement provides for a strategic focus in advancing I-Mab's potential of differentiated oncology clinical assets and builds shareholder ... |
| 07.02.2024 | Alibaba considers divesting from Intime, Freshippo, and RT-Mart to refocus on e-commerce | Chinese internet giant Alibaba Group is reportedly contemplating the divestment of several consumer sector assets, including department store operator Intime Retail, grocery business Freshippo (also known as Hema), and retailer RT-Mart, acc... |
