NewsCHINA BRIEF | Alibaba-backed EV maker Xpeng Motors to kick off USD 700 million US IPOThe move follows EV maker Li Auto’s strong Nasdaq debut. 1 min read
Li Auto is the second China-based EV maker to go public in the US, following Nio. NewsHybrid EV maker Li Auto soars nearly 50% on Nasdaq debut after raising USD 1.1 billion in IPO2 mins read
Shenzhen-based Huawei shipped 55.8 million Android smartphones in the second quarter, edging out Samsung’s 53.7 million total tally in the same period. NewsHuawei wrests crown of world’s biggest smartphone vendor from Samsung on strong China sales3 mins read
Sales bounce back in China, while Japan records highest revenue growth. NewsApple says new iPhone launch will be delayed ‘a few weeks’2 mins read
Supporters say the move helps recover lost pets while others fear slippery slope to human chip implantation. NewsDog owners in China’s tech hub Shenzhen need to microchip their pets in 20202 mins read
Alibaba, Tencent and ByteDance all covet Baidu’s search business. NewsCHINA BRIEF | Alibaba’s intelligent search app Quark releases content product ZVideo1 min read
In 2019, 10% of all deliveries in China utilized smart lockers. NewsCHINA BRIEF | ZTO Express acquires Haier’s smart locker unit at USD 30 million1 min read
The B2B segment of the total K-12 after school education market is projected to surpass RMB 100 billion by 2025, says new report NewsHit by pandemic, China’s after-school education market embraces doing business online3 mins read
Shushi was founded in June 2020 by Li Kefeng, a former JD.com VP and general manager for Baidu’s mobile business. NewsCHINA BRIEF | Tencent pours USD 14.2 million in digitization solution provider Shushi in angel round1 min read