Phate Zhang
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NIO-backed ride-sharing firm Dida Chuxing files for Hong Kong IPO
On the evening of October 8, Dida Chuxing, in which NIO holds a 17% stake, formally filed its prospectus with the Hong Kong Stock Exchange for a proposed public listing, which will be Asia's first ride-sharing IPO.
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NIO officially opens its China headquarters in Hefei
Chinese electric vehicle (EV) maker NIO (NYSE: NIO) today announced the official opening of NIO China's headquarters in the Anhui Pilot Free Trade Zone.
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Shenzhen joins hands with China's central bank to distribute 10 million gift money in form of digital RMB
The much-anticipated digital RMB is finally coming to the public.
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NIO selects conversational AI firm Cerence for collaboration on voice technologies
Chinese electric vehicle (EV) maker NIO (NYSE: NIO) has selected Cerence (NASDAQ: CRNC), a conversational AI technology company that focuses on the automotive industry, for collaboration to deploy voice technologies in its products.
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US eyes curbs on Ant Group, Tencent Payment Systems, BBG reports
The US government is exploring restrictions on Ant Group as well as Tencent over concerns that their digital payment platforms threaten US national security, Bloomberg reported on Wednesday citing people familiar with the matter.
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Qualcomm reportedly plans to launch its own gaming phone by year-end
Qualcomm will be partnering with Asus to launch its own brand's first smartphone, reported DigiTimes.
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Ming-Chi Kuo: Huawei may choose to sell Honor smartphone business in response to US sanctions
One of the most likely scenarios in Huawei's response to US sanctions would be the sale of its Honor smartphone business, said Ming-Chi Kuo, an analyst at Tianfeng International.
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Douyin and TikTok hold top spot with $130 million in global revenue in Sept
Douyin and its overseas version of TikTok generated more than $130 million in global App Store and Google Play revenue in September 2020, 7.9 times more than in September last year, once again topping the global mobile app (non-game) revenue chart, according to Sensor Tower data.
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TikTok overtakes Instagram as second-most favorite social app for US teens
TikTok has surpassed Instagram to become the second favorite social media app among US teens, according to a report released Tuesday.
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Chinese firm releases a car that costs more than NIO ES8, will the market buy it?
The HiPhi X, the first product of Shanghai-based Human Horizons' luxury smart electric car brand HiPhi, was recently launched, with a four-seat founder edition priced at RMB 800,000 ($117,800) and a six-seat founder edition priced at RMB 680,000, much higher than the RMB 468,000 price tag of the new NIO ES8.