NewsWeRide’s cars to go fully driverless in CaliforniaThe firm plans to roll out driverless mobility services for passengers in the US. 1 min read
Large internet companies will only fear China’s anti-monopoly law when regulators break them up, says expert. NewsAlibaba strikes confident tone after record USD 2.8 billion anti-monopoly penalty2 mins read
Only math classes running until June are still available on Dami’s platform. NewsVIPKid downsizes group class platform Dami Wangxiao2 mins read
Expenditures for new initiatives and fierce competition were cited as the main reasons for the losses. NewsShares of logistics giant SF drop 10% after unexpected Q1 loss1 min read
The new e-bikes are equipped with Hello’s in-house software system VVSmart. NewsHello Chuxing transitions to selling intelligent e-bikes after lackluster performance in bike-sharing service3 mins read
The initiative is led by vice president Yang Jun, chief product officer of the D1 customized EV project in cooperation with BYD. NewsDidi steers into EV race as Huawei prepares launch of electric sedan2 mins read
The company’s SaaS products have been used by more than 210,000 corporate clients including clothing brands such as Girgear, Kbstle, and Bitt’s. NewsClothing SaaS vendor Ecool gains USD 15 million in strategic investment from Jushuitan2 mins read
The power bank rental service market in China is expected to grow from RMB 9 billion in 2020 to RMB 106.3 billion by 2028. NewsPower bank providers Soudian and Jiedian merge to amp up challenge against newly listed firm Energy Monster 2 mins read
JD Digits put its IPO on hold after China tightened regulations in the online loan sector. NewsJD Digits absorbs JD.com’s cloud and AI business, clips dependence on fintech1 min read