China Tech News

BYD has partnered with Shell to expand its electric vehicle charging network across China and Europe.

Baidu said it will offer self-driving taxi service in Wuzhen as part of the company's broader drive for commercialization of autonomous driving technology.

Taobao has started internal tests of Tencent Holdings’ mobile payment tool WeChat Pay as internet rivals heed anti-trust rules.

Pico, acquired by Tiktok, has struck a major partnership with Qualcomm to push further into the extended reality (XR) space.

Chinese AI company DeepGlint, which once targeted a US$300 billion valuation, made its trading debut in Shanghai with US1 billion valuation.

Xiaomi-backed self-driving system developer Zongmu raises $157m Series E round.

JD.com is trimming 10-15% of the staff at a group-buying division, adding to the list of Big Tech firms that are slashing jobs to survive Beijing’s regulatory storm.

Tencent Holdings is facing a potential record fine for violations of some central bank regulations by its WeChat Pay mobile network.

China is eyeing “severe punishment” for crimes such as money laundering and illegally raising funds through metaverse and NFT projects

Xiaomi has reported a bigger-than-expected 21.4% rise in fourth-quarter revenue with more than 44.1 million smartphone delivery.

Chinese AR company Rokid has said it had secured a $160 million Series C round, lifting its total capital raised to $378 million.

Regulators are planning rules limiting virtual tipping of live-streaming hosts and time spent by young people on the apps.

Datagrand, a Shangai, China-based AI and RPA vendor, completed a $90m (RMB 580m) Series C financing.