NewsBilibili posts slower revenue growth amid widening lossesAverage monthly active users only increased 30% YoY to 223.3 million. 1 min read
Amazon Pay has signed up close to five million merchants, it said last month. NewsAmazon injects USD 30 million into its Indian payment arm for further expansion2 mins read
Co-CEO Zhao says chip shortage will last at least until end of 2021. NewsTop China chipmaker SMIC says sales to grow despite US sanctions4 mins read
EV deliveries increased nearly 500% compared to the same quarter in 2020. NewsKEY STAT | Xpeng posts robust revenue growth as autonomous driving software propels company forward1 min read
Alibaba’s new investment strategy includes three main areas, including domestic consumption, globalization, and cloud and advanced technologies. NewsAlibaba prepares investment spree as company looks past antitrust woes3 mins read
Lu was booted from Luckin and evaded criminal charges. Now, he’s about to launch a 500-store noodle chain. NewsDisgraced Luckin Coffee founder Lu Zhengyao cooks up new business2 mins read
The Guangzhou-based firm expects to roll out truly driverless robotaxi services without safety operators in China by 2021. NewsKEY STAT | Self-driving vehicle developer WeRide bags new funds to explore commercialization2 mins read
New rules would ban overseas transfer of road and landscape information. NewsChina clamps down on auto data collection by Tesla and others2 mins read
India’s vaccine roll-out program at the beginning of the year instilled positive sentiment, but the second wave of COVID-19 infections has resulted in subdued consumer demand. NewsSmartphone shipments in India likely to slow down in second quarter: IDC3 mins read
