Phate Zhang

  • Baidu to acquire JOYY's live streaming business in China to take on ByteDance's Douyin

    As one of the oldest Internet companies in China, search giant Baidu is expanding its streaming video ecosystem in battle against emerging star ByteDance. 

  • Baidu posts Q3 revenue of RMB 28.2 billion, beating expectations

    Chinese search giant Baidu reported third-quarter revenue of 28.2 billion yuan ($4.16 billion), up 8 percent from the previous quarter and 1 percent from the same period in 2019, topping analysts' expectations of 27.58 billion yuan.

  • Apple reportedly asks supply chain for samples to speed development of foldable iPhone

    Apple is expected to release the first foldable iPhone in September 2022 at the earliest.

  • Didi unveils D1, a car for sharing and built in partnership with BYD

    Didi plans to launch the D3 with autopilot in 2025. Didi wants to remove the cockpit by 2030 to enable fully automated driving.

  • Tesla plans to produce 5,700 Model 3s per week at Shanghai factory

    The Tesla Shanghai plant set an immediate target of producing 5,700 Model 3s per week in November, which could be enough to help Tesla meet its annual production and delivery expectations of 500,000 electric vehicles, according to 163.com.

  • Revealing the whales in NIO: Bridgewater is not alone

    There is also the largest public pension in the US and the famous Renaissance Technologies.

  • Huawei's smart car business reportedly to be integrated with consumer business

    Huawei's consumer business group is being integrated with the smart car solutions business unit, with the overall head being Richard Yu, CEO of Huawei's consumer business, 36kr said, citing sources close to Huawei's senior management.

  • NIO is about to report its Q3 earnings, what to watch?

    Chinese electric vehicle (EV) maker NIO (NYSE: NIO) will report its third-quarter earnings Tuesday before the US stock market opens. 

  • BYD's 20,000th Han EV rolls off assembly line

    BYD's 20,000th Han EV recently rolled off the production line at its Shenzhen plant, four months after the model's delivery began in July.