Online classifieds site 58.com is purchasing the enterprise car auction unit of troubled second-hand car selling platform Uxin for $105 million in cash. Why it matters: The purchase marks the sale of another major asset from used car seller Uxin in its year-long struggle to stay afloat, complicated by slowing car sales from the Covid-19 […]
Xpeng is gearing up for an ambitious goal: setting a benchmark for driver assistance technology in China that rivals will have to overcome.
China’s second landlord platforms are highly susceptible to downturns. Many have already collapsed—and there’s no guarantee even the largest will survive.
The Q1 performance of Nio was a big relief for investors and eased concerns over fallout from the recent Luckin scandal.
The uproar over China’s largest e-book platform, owned by Tencent, is the latest dispute against Chinese tech giants accused of exploiting partners.
Chinese EV battery makers trail behind Asian peers in technology, resulting in issues such as fire risk, say experts at TechNode’s Emerge 2020 event.
‘If there’s anything to be learned about Luckin Coffee, it’s that there’s always more than meets the eye.’ Luckin skeptic Michael Norris has more questions.
Powered by grassroots fans, Chinese ‘internet literature’ is big business. It does for Chinese film and TV what Marvel comics do for Hollywood.
Users are going to great lengths to help the firm navigate choppy waters and continue to push the NEV sector forward.