(Yicai) March 2 -- Meituan’s artificial intelligence research team GN06, formerly known as AI startup Light Year, has today launched the public beta of its first AI-native browser, Tabbit, marking the ...
The People’s Bank of China announced the move to lower the requirement to zero from 20 percent, effective today, at the end of last week. The central bank had raised it to 20 percent from zero in ...
Humanoid robots were one of the star turns on China Central Television’s annual lunar new year eve show, and the companies involved are reaping the financial benefit from the exposure. Noetix Robotics ...
(Yicai) March 2 -- KargoBot, a Chinese autonomous driving freight startup once owned and now backed by ride-hailing giant Didi Chuxing, has secured more than USD100 million in its latest funding round ...
(Yicai) March 2 -- Chinese brokerage Soochow Securities is planning to acquire a controlling stake in Donghai Securities, which is also based in eastern Jiangsu province, in order to bolster its core ...
(Yicai) March 2 -- China’s automakers broadly reported lower sales in February, weighed down by the extended Spring Festival holiday and the resumption of new energy vehicle purchase taxes at the ...
Yiwu’s total imports and exports surged 25.1 percent last year from the year before to CNY836.5 billion (USD121.5 billion), topping CNY800 billion (USD116.4 billion) for the first time. Exports soared ...
(Yicai) March 2 -- Soaring memory prices have pushed dynamic random-access memory, NAND, and high bandwidth memory to record highs, triggering what industry sources say will be the first wave of ...
(Yicai) March 2 -- Shares of SDI skyrocketed after the Australian supplier of dental restorative materials said it is being acquired by Chinese ceramic materials giant Sinocera Functional Material for ...
(Yicai) March 2 -- Shares of MicroPort Endovascular MedTech Group surged after the Chinese aortic and peripheral vascular ...
Daniel Weissland will become general sales manager of Audi's China joint venture with state-owned carmaker FAW Group on April ...
When it acquires a new brand, ABG often divests directly-operated heavy assets and shifts toward a regional licensing model.