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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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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Xiaomi pre-installs earthquake alert system on smartphones, TVs
The move could potentially increase the delivery rate of quake alerts by up to 200%.
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JD Logistics reportedly preparing for $10 billion IPO
JD Logistics, with its assets in supply chain, logistics, and warehouses, is one of the most valuable properties of the Chinese e-commerce giant.
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JD shares jump as Q2 earnings beat expectations
China’s consumer market is still showing signs of life despite a slowing economy.
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Meituan Dianping hires outside leadership to boost growth
Li Shubin will become head of the Meituan app division, a key position for driving growth for the parent company.
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Meituan starts recruitment drive for mapping services
Mapping has become a key stepping stone for companies looking to expand in the mobility services sector.
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Alibaba refreshes core values on 20th anniversary, adds work-life balance
The updated values reflect the rapid pace of change in the digital era.
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Baidu CEO optimistic about company’s AI plans despite recent troubles
Baidu has had a rollercoaster of a year, seeing its share price fall by 36%.
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Geely invests $55 million in German air taxi startup Volocopter
Volocopter aims to use the funding to commercialize its VoloCity air taxi within the next three years.
