Aihuishou, a Chinese electronics resale platform backed by JD.com, filed an application for an IPO on the New York stock exchange on Friday.
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Posted inHeavy Hitters
China re-commerce faces tug of war between growth and trust
Re-commerce, or secondhand shopping, is growing fast in China. But users are finding scams and counterfeits mixed in with the bargains.
Posted inHeavy Hitters
Chinese drone maker DJI will soon see its in-car system in a mass-produced EV
The launch marks a first milestone for the world’s largest maker of consumer drones in its push into the Chinese EV space.
Posted inHeavy Hitters
The Big Sell | Will Shanghai lockdown change the game for community group buying?
For millions stuck in Shanghai, purchasing daily goods has become a hassle. Community group buying has revived, thanks to its flexibility.
Posted inOn the Cusp
Xpeng says its self-driving tech outperforms Tesla’s
With help from Alibaba’s map technology, Xpeng says it now has the most advanced driver-assist function for Chinese customers.
Posted inHeavy Hitters, On the Cusp
Nio stocks rebound as Q1 deliveries beat forecasts
The Q1 performance of Nio was a big relief for investors and eased concerns over fallout from the recent Luckin scandal.
Posted inHeavy Hitters
Drive I/O | Chinese EV makers face price hikes as nickel prices soar, Didi to enter EV market
Nickel price surge could further increase the cost of electric vehicles and force automakers to cut earnings forecasts.
Posted inHeavy Hitters
Drive I/O | Key takeaways from Auto Shanghai 2021
Big auto and big tech announced EVs at Auto Shanghai 2021, putting pressure on young EV upstarts.
Posted inOn the Cusp
INSIGHTS | Who owns ‘internet literature’?
Powered by grassroots fans, Chinese ‘internet literature’ is big business. It does for Chinese film and TV what Marvel comics do for Hollywood.
Posted inHeavy Hitters
‘Tech constraints’ may slow China’s 5G rollout, says Jefferies
A recent report re-evaluates 5G timing and rollout following a critical development in December and recent signals from government bodies.
