Didi is venturing into the automobile manufacturing business
Didi has been preparing for its move into autonomous driving for quite some time and has started to establish its own R&D teams in Beijing and Shenzhen.
Environmental issues stymied Meta’s plans to build Dutch data centre
On March 22, The Dutch Senate passed a motion calling on the government to use its power to temporarily prohibit Meta (formerly known as Facebook) from building data centres in the Netherlands.
Xiaomi Auto has an R&D team of over 1,000 people
Xiaomi’s smart electric vehicle business has progressed faster than expected since the company revealed ambitions to produce the automobile in March 2021.
Alipay’s new feature helps parents manage minors’ games payments
Alipay has launched a new feature called “Game Lock” to help parents control minors’ game payments. Since its debut one month ago, the service has been accessed by over 150,000 users.
Two sponsors were slapped with hefty fines in the aftermath of LeEco’s fraud
According to an investigation by the China Securities Regulatory Commission (CSRC), LeEco’s financial fraud began as early as 2007.
China EV maker NIO claims no plans to raise prices in the short term
Recently, several automakers hit by raw material price variations have announced price increases. In response, NIO stated that price stability is beneficial to both users and the market, and NIO has no plans to raise prices in the short term.
Microsoft announced its fifth Azure data centre in China
Microsoft announced the opening of its fifth Azure data centre in China. The new data centre located in North China’s Hebei Province, was officially put into operation on Thursday.
Chinese Online Grocer Dingdong apologises for the food safety issue
Dingdong (Cayman) Ltd, one of the most popular Chinese online grocers, apologised for its food safety issue after being accused of selling expired products.
Alibaba’s former vice president joins DingTalk as COO
Ku Wei, former VP of Ali Group, has been appointed as the COO of DingTalk, an Alibaba-backed all-in-one workplace mobile platform.
Reeling from layoff wave at China’s Big Tech companies, what’s next?
Recently, news of a layoff wave at Alibaba and Tencent landed on micro-blogging platform Weibo’s hot search list.
POP MART is revealed to overhype its mystery toy boxes
On March 16th, POP MART was revealed to overhype its mystery toy boxes during the CCTV 315 Gala.
China’s 12315 platform retrieves 5.5 billion yuan in consumer losses
As a bridge between market regulators and consumers, the 12315 platform and other channels accepted 23.812 million complaints and reports from consumers in 2021.