Tech1962

Luckin Coffee signs investment deal with two shareholders
Under the agreement, Centurium Capital has agreed to invest approximately $240 million in a private placement of Luckin Coffee's s ...
Meituan ruled to pay Ele.me about $53,852 for unfair competition
Meituan, a Chinese shopping platform for locally found consumer products, has been ruled to pay local competitor Ele.me RMB 352,00 ...
China ranks first in AI patent applications, 7.2 times more than US
China's AI patent applications amounted to 389,571, accounting for about 74.7 percent of global applications. ...
TikTok owner ByteDance said to go public in Hong Kong, valued at about $400 billion
ByteDance has started the process of going public in Hong Kong and submitted an underwriter engagement letter to the Hong Kong Sto ...
China's Q1 IC imports up 11.2% year-on-year to $40 billion
China imported 155.27 billion units of integrated circuits in the first quarter, an increase of 33.6%. ...
Lenovo aims to be global No. 1 in all PC categories
Lenovo said that one of its goals is to become No. 1 globally in all PC categories while maintaining industry-leading profitabilit ...
Didi reportedly files secretly for US IPO
The certainty of a third-quarter IPO for Didi is high, but ultimately it will depend on the majority shareholder, the report said. ...
Huawei expects 100 million devices to have HarmonyOS installed this year
Huawei will continue to build a full-scene experience and improve its hardware and software service capabilities, with 100 million ...
Ant Group to become financial holding company in overhaul
Ant Group will become a financial holding company and all institutions engaged in financial activities will be regulated according ...
Alibaba closes 6.5% higher in Hong Kong as anti-monopoly probe it faces settles
Shares of Alibaba closed 6.5 percent higher in Hong Kong to trade at HK$232 Monday as the anti-monopoly investigation it faces set ...
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