China
Discover the latest advancements in China’s startup ecosystem. In our China category, learn about the newest trends, innovative companies, and game-changing technologies emerging from this global powerhouse.
- May- 2021 -8 May
Huawei is selling EVs in stores, may offset sinking phone sales
On Wednesday last week, Huawei began selling Chinese-made electric cars. These cars are equipped with Huawei’s powertrain system and in-car infotainment solution. The company said that this move could offset a drastic decline in its global handset business resulting from US…
- 4 May
ByteDance to Take a Bite Out of Tencent?
ByteDance, the owner of TikTok, which has been attracting eyeballs to its viral apps is now trying to become an even bigger success in the gaming world too. The Chinese company’s latest game, One Piece: The Voyage, based on a popular…
- Apr- 2021 -21 April
Alibaba fined, delivery service price dumping
China’s top antitrust regulator, the State Administration for Market Regulation (SAMR), has fined the e-commerce giant Alibaba RMB 18.2 billion ($2.8 billion) on Saturday for “forced exclusivity.” Forced exclusivity is a practice where platforms force merchants to use only one…
- 12 April
BSN architect Red Date to bring R3’s Corda enterprise blockchain to China
Red date Technology is primarily known for its role with the government backed blockchain platform BSN (Blockchain Services Network). It has licensed American distributed ledger company R3’s enterprise blockchain to resell in China. Why is this worth a headline? Until…
- 10 April
Xiaomi invests $1.5 billion in the fully owned EV business
The new Chinese tech giant to join in the red-hot electric vehicle market is Xiaomi with a $1.52 billion investment to set up a fully owned subsidiary for its auto business, to be led by founder and CEO Lei Jun.…
- Mar- 2021 -31 March
Ant Group CEO Simon Hu resigns due to personal reasons
As Ant Group Co. founded by billionaire Jack Ma, grapples with Chinese government demands to overhaul its business, Simon Hu has unexpectedly resigned as CEO, adding fresh turmoil to the financial technology giant. Who will be the new leader? A…
- 27 March
Little mention of China’s EV industry in the Five-Year Plan
In this year’s annual government work report which was presented on Friday, China’s ambition to become a world leader in electric vehicles was barely mentioned. Experts say that it’s a sign indicating that the market is maturing. Policies and Market…
- 14 March
Chip, battery shortages will limit production at Nio
CEO William Li of Nio, Maker of the E- vehicles, said on Tuesday that an industry-wide shortage of electric vehicle batteries and semiconductor chips will continue to hamper production for the next few months. As it gears up for an…
- 10 March
Jack Ma Alibaba Founder loses China’s Richest Person title
After coming under a regulatory scrutiny, the embattled co-founder of Alibaba group holding Ltd, Jack Ma, has lost his title as China’s richest person to Bottled-water tycoon Zhong Shanshan, according to the annual list of China’s wealthy. What went on…
- 6 March
Self-Driving Truck start-up taps into US market from China
Plus is a Self-driving truck technology developer. It has completed its Series B funding round, pulling in $200 million from returning backers and new investors from China. Plus has raised nearly $400 million in total. New and Old investors to…
- 1 March
Clubhouse directs millions of dollars to a Chinese start-up called Agora Inc.
The clubhouse is a social networking application. It lets people gather in audio chat rooms to discuss various topics, whether it’s sports, wellness, art, etc. In just two months, Clubhouse has become the venue of choice for luminaries like Elon Musk…
- Jan- 2021 -24 January
Is China challenging Google’s supremacy?
We all know what Google is. The incredible American search engine tool which is probably one of the most used websites in the world. One could fastly assume that Google is the most powerful tool in terms of algorythm power…
- Dec- 2020 -25 December
5 things you should know about China
Everybody thinks China is just the big dragon whose main features are already widely known. However, although many people think they got it pretty much all figured out, there are some curiosities definitely worth knowing. From China’s share of American…
- 24 December
World poverty: what do you know?
Even though nobody wants to listen to bad news we have to acknowledge that they provide us with the right perspectives to make our world better. So we might say, it’s a dirty job but someone has to do it,…
- 23 December
Why Vietnam is being chosen as the new China ?
Many companies are chosing to move their production lines out to Vietnam. Whether it is China, Apple, Google or maybe soon even Microsoft, it makes no difference, they all seem to dream about Vietnam. Even smaller companies are doing the…
- 2 December
Five companies working on flying cars
Flying cars, long electrical buildings, and cross bridges sound like the perfect scene for any movie or a movie scene portraying the future. The most intriguing object out of all in these scenarios are flying cars. Some companies and countries claimed…
- 1 December
5 Chinese startups that will revolutionize the tech industry
China has some of the leading tech startups which are completely overtaking the world by their efficiency and better technology. It clearly shows that China has many revolutionary startups that are used worldwide. In this article, we are going to…
- Nov- 2020 -30 November
5 Chinese unicorns on the rise
Ever wondered which country is the one with the highest number of unicorns? Second only to the US, China is surely one of the best countries in terms of unicorns. With its massive funding resources and government support, not to…
- Oct- 2020 -17 October
Top 4 innovations of China that will change the world
You already knew this was coming. China has been a superpower country for several decades, and there is a reason behind it, the first reason is the advancements done in the tech and AI world. The government, people, and how they…
