Song Jingli

News

CATL, the world’s largest battery maker, significantly upgrades plans for Germany plant

Europe might be the next key battlefield for battery makers. It only accounts for a minor stake in global production now.

2 mins read

Hangzhou aims to make cross-border e-commerce account for 30% of its foreign trade volume, up from 16.8% in 2018.
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Tencent-backed Shopee wants to lure cross-border sellers in Alibaba’s hometown, Hangzhou
2 mins read
With Chinese travelers exploring new locations abroad, the services that they’re used to are also following them overseas.
News
Guide, a ride-hailing app targeting China’s outbound tourists, raises USD 50 million to challenge Didi
1 min read
Big tech needs hefty cash.
News
Chinese AI cartoon maker Xmov raises massive Series A round
1 min read
The Japanese clothing brand has seen revenue and profit decline at home.
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Uniqlo wants to use TikTok to boost sales in underperforming markets
2 mins read
The company says it has “zero tolerance for underperformance.”
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OYO China lays off more than 1,000 staff members
1 min read
Meituan is making headway in hotel bookings for Chinese tourists.
News
Thai hotel chain operator Compass Hospitality inks deal with China’s Meituan
1 min read
Still a novelty, VR might be about to take off in China.
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Chinese game publisher Forgame acquires majority stake in VR startup for USD 21.8 million
1 min read
Content is key.
News
Chinese video platform iQiyi says it has 100 million paying users
1 min read