The joint company is expected to reach an annual production capacity of 300,000 and roll out the first batch of V9 vehicles in 2020.
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ByteDance rival Kuaishou opens up e-commerce feature to local merchants
Continuing its recent focus on e-commerce, Kuaishou is expanding into the competitive local services market.
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Meituan begins job cuts to lower costs: report
Meituan becomes the latest Chinese tech major to begin large-scale layoffs. Companies are replacing veteran employees with cheaper new hands.
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Pinduoduo founder steps down as chairman as users surpass Alibaba
Pinduoduo founder Colin Huang will devote himself to food and life sciences, areas that overlap with the firm’s new business focus.
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Huawei helps bring 5G to Mount Everest summit
Huawei helped China Mobile with its 5G base station on Mount Everest at an altitude of 5,300 meters, which has download speeds of 1.66 Gbps.
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Covid-19 squeezes Trip.com in Q2 as global travel stalls
Trip.com continued to grapple in the second quarter from stifling effects from the pandemic, and it expects the fallout to extend into the third quarter.
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JD.com launches new premium lifestyle store in Beijing
JD.com will open the second Seven Fun in the second quarter of 2020. The store will be in Beijing as well.
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TechNode’s top 10 articles of 2020 + membership 20% off
We hope the attached articles—our top 10 from the last year of our coverage—will help shed some light on this remarkable year.
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Indian court summons Jack Ma, Alibaba in worker lawsuit
The employee said that he was fired for his objections to media manipulation practices at Alibaba-owned UC Web amid tense diplomatic relations.
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Xiaomi pre-installs earthquake alert system on smartphones, TVs
The move could potentially increase the delivery rate of quake alerts by up to 200%.
