Chinese self-driving startup WeRide valued at 3.3 bln USD2021-05-14
Chinese self-driving startup WeRide announced Thursday that it has closed a Series C round of funding, giving it a valuation of 3.3 billion U.S. dollars.
Bilibili Q1 revenues up 68 pct on bigger user base2021-05-14
China's popular video sharing platform Bilibili posted strong revenue growth in the first quarter of 2021 on a fast-expanding user base.
China's Huawei pitching in for Hungary's "Gigabit Society" goal2021-05-14
Chinese telecoms giant Huawei on Thursday launched an innovative AirPON optical access solution to help Hungary meet its goal of providing high-speed network connections to 95 percent of households in a "Gigabit society" by 2030, the company said in a press release.
Arrow sews up 10-year expansion plan2021-05-07
Arrow Home Group Ltd, a Chinese ceramic sanitary ware and smart home services provider, said it has sewn up its global expansion plan for the next 10 years.
Huawei revenue shrinks by 16.5% in first quarter2021-04-29
Huawei Technologies Co said its revenue declined by 16.5 percent to 152.2 billion yuan ($23.5 billion)during the first quarter.
New Foxconn plant in central China begins operations2021-04-26
A new Foxconn Industrial Internet (Fii) plant began operations on Saturday in Zhoukou City, central China's Henan Province, according to the company.
Chinese rolling stock manufacturer to make 56-mln-euro offset purchases from Israel: Israeli ministry2021-04-26
China Railway Rolling Stock Corporation (CRRC) will make offset purchases from Israeli industries totalling about 56 million euros, the Israeli Ministry of Economy and Industry said Sunday.
China Unicom net profit rises 21.2 pct in Q12021-04-26
China Unicom, one of the country's leading telecom giants, reported a 21.2-percent surge in net profit in the first quarter amid efforts to push digital transformation and high-quality growth.
CRRC Sifang America made railcars begin in-service testing in Chicago2021-04-22
An eight-car train left Chicago O'Hare International Airport station at 5:50 a.m. local time Wednesday and headed toward downtown Chicago.
Delivery firms put bumpy Q1 aside, set sights on steady growth2021-04-14
Losses incurred by some Chinese express delivery firms during the first three months of the year are a temporary phenomenon and the sector is poised for steady growth over the long term, experts said on Tuesday.
China-Turkey joint venture inks long-term strategic cooperation deal with local suppliers2021-03-31
CRRC-MNG Rail System Vehicles Industry and Trade Ltd. (CRRC-MNG), a China-Turkey joint venture, signed a long-term strategic cooperation deal with dozens of Turkish suppliers on Tuesday.
Tencent reports 28 pct revenue growth in 20202021-03-25
Chinese internet giant Tencent on Wednesday reported a 28 percent year-on-year growth in revenue for 2020, raking in around 482 billion yuan (about 73.9 billion U.S. dollars).
Karcher rides CIIE to offer cleaning solutions2021-03-18
Karcher, a German cleaning systems provider and a regular exhibitor at the China International Import Expo, is all set to exploit growth opportunities spawned by the CIIE's success as well as the COVID-19 pandemic, the top executive of its local unit said.
Alibaba, Vietrade partner to support Vietnamese firms with online exports2021-03-18, an online business-to-business (B2B) marketplace for global wholesalers under the Alibaba Group, signed a memorandum of understanding (MoU) on Tuesday with the Vietnam Trade Promotion Agency (Vietrade), with the aim of supporting Vietnamese firms to boost online exports.
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