China Tech News

Pony.ai and ONETIME will jointly test Pony.ai's Robotaxi along the ONETIME platform.

Huabei will become an exclusive brand and focus on small & medium-sized lending.

Baidu launches Metaverse App "Xirang" and it builds virtual identities for users to interact with their clients.

Chinese museums and galleries implemented AntChain mini apps to digitize artifacts.

Futu tries to calm investors by stopping closing accounts and continue its expansion in Hong Kong and Singapore.

Alibaba will set up new Cloud Data Centers in Korea and Thailand with localized digital technology service.

Ant Group, Tencent and JD.com are facing increasing pressure from regulators with further involvement in NFT.

Alipay added data protection feature which allows users to track how the app collect their data.

Central Bank partnered with Ant Financial and JD.com to promote the use of CBDC(Central Bank Digital Currency).

China's market regulators fine Alibaba, Baidu, JD.com for violating anti-monopoly legislation .

StartDT, a AI-based data optimization solutions provider, completed C1 round with Taikang Asset leading the investment.

Cainiao launched its largest hub in Liege Airport, Belgium based on eWTP cooperation framework.

Xiaomi will build up its retail network across China with 20k new stores in the next three years, to build the world's largest smart phone market.

Cross border e-commerce finance firm Qupital continues to grow. Alibaba joins the game and Qupital plans to expand its lending businesses to e-commerce sellers.

Miinoto plans to surf on the blue ocean of luxury fashion e-commerce in China market with its prior successful experience in Europe.

Alibaba and JD.com offer recycling initiatives by their logistics system and aim for reduced carbon emission.

The State Administration for Market Regulation (SAMR) introduced a rating system to restrict Tech giants' services and regulate them for their responsibilities.

Cainiao stationed over 350 unmanned vehicles for parcel delivery during double 11 shopping festival.

Yahoo terminates its products and service in Mainland China since 11/01/2021.

Baidu and Geely jointly invested in Jidu and its simulated prototype car is under testing.

Xiaomi prepars to launch 30k offline stores within 3 years, targeting in county and township markets to sell vehicles.

JD highlights its next stage strategy of investments and reinforce its Europe and Vietnam market.

BYD deliveres its new generation of 12-meter pure eBuses to German.

Alibaba's DAMO creates multi-modal large model M6 which surpasses Google and Microsoft.

DJI launches robots for fertilization and spraying fruit frees.

XAG, a domestic agricultural drone maker made its IPO into STAR market.

MUJI implements omnichannel grocery concept stores with JD to deliver both online and offline fresh food services.

Xiaohongshu raised the fund from existing investors after the company was forced to put its plans for an initial public offering on the back burner amid Beijing’s heightened scrutiny of overseas listings.