NewsCHINA BRIEF | Nio denies rumors of USD 300 million investment from GeelyThe deal was first reported by a Chinese media outlet on February 18. 1 min read
China’s fourth-largest smartphone maker enlarged its bet in the chip-making industry. NewsCHINA BRIEF | Xiaomi moves in on chip industry with investments in two suppliers1 min read
The company, which will officially launch services in April, has already started recruiting food delivery couriers. NewsChinese ride-hailing platform Didi set to challenge Uber Eats with Japan expansion2 mins read
The company plans to raise over RMB 10 billion (USD 1.4 billion) for this project. NewsCHINA BRIEF | Nio to establish China headquarters in Hefei as it launches EC6 production1 min read
The company’s IPO progress was partly disrupted by the coronavirus outbreak in China. NewsCHINA BRIEF | Megvii says Hong Kong listing is still on track despite lapsed IPO application1 min read
Laiye has provided enterprises with intelligent robots and other assistant products based on AI technology. NewsCHINA BRIEF | Microsoft-backed AI startup Laiye completes USD 42 million Series C round1 min read
Roborock is the first Xiaomi-affiliated company listed in the Star Market. NewsCHINA BRIEF | Xiaomi-backed Roborock debuts on China’s Star Market1 min read
Drivers who fail to wear masks will be warned and even suspended from their shifts. NewsDidi uses AI facial recognition to ensure its drivers wear masks2 mins read
Teachers can share their slides or written notes via an online screen-sharing function. NewsCHINA BRIEF | Tencent’s QQ enables online teaching in group chats1 min read
