China Tech

Li Auto is the second China-based EV maker to go public in the US, following Nio.

In 2019, 10% of all deliveries in China utilized smart lockers.

Shushi was founded in June 2020 by Li Kefeng, a former JD.com VP and general manager for Baidu’s mobile business.

Over 1,000 shops that buy goods on Lingshoutong have made more than RMB 1 million (USD 142,686) in net profits.

Wang Xing, founder and chairman of Meituan, seemed to call out Alibaba on social media over the fact Taobao users cannot pay with WeChat.

This marks a significant increase compared with one year ago.

EF will retain significant ownership in the business, which has been operative for more than 20 years and built 288 schools across 62 cities in China and 79 schools in Indonesia.

Wei-Ying Ma will join an institute being founded by Baidu’s former president Zhang Yaqin inside the Tsinghua University.