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Posted inTurf Wars

Chinese second-hand car platform Renrenche denies bankruptcy rumors

by Jill Shen Feb 19, 2019Jun 8, 2020

Competition between China’s online used car sellers is increasing, as are public spats among players.

Posted inUp and Comers

Chinese second-hand car platform Uxin accuses rival of faking revenue data

by Jill Shen Feb 1, 2019Jun 8, 2020

This is not the first time Guazi has been accused of unfair competition and attempting to mislead the public.

Uxin 58.com used car selling sales
Posted inUp and Comers

Briefing: Uxin to receive $230 million through private convertible note deal

by Emma Lee May 29, 2019Jun 8, 2020

China’s second-hand car trading market has witnessed the rise of several top players include Uxin, Renrenche, Guazi, and Souche.

Posted inUp and Comers

Briefing: Alibaba-backed used goods platform Idle Fish investing in content

by Emma Lee Apr 12, 2019Jun 8, 2020

The used goods resale sector has had its share of problems including counterfeit goods, merchandise quality, and even legal issues concerning the sale of endangered animals.

Posted inHeavy Hitters

Briefing: Alibaba’s e-auction unit sales exceeded RMB 500 billion in 2018

by Emma Lee Jul 1, 2019Jul 1, 2019

E-commerce players and specialized verticals such as used car platforms are operating their own auction platforms.

Posted inUp and Comers

Used car platform Uxin shares plunge after report urges ‘race to the exits’

by Jill Shen Apr 17, 2019Jun 8, 2020

Its stock price closed at almost one-tenth the value of its $10.49 peak price in December.

Uxin 58.com used car selling sales
Posted inUp and Comers

Briefing: Auto platform Uxin narrows losses on swelling used car sales

by Jill Shen Mar 14, 2019Jun 8, 2020

The company seeks to increase its focus on its retail business to improve lower-tier city penetration.

Tesla He Xiaopeng, chairman and CEO of Xpeng Motors spoke at a press briefing during this year’s Guangzhou Auto Show on Friday, November 22, 2019. (Image credit: Xpeng Motors)
Posted inTurf Wars

EV maker Xpeng has 15,000 orders for its P7 sedan

by Jill Shen Nov 25, 2019Mar 17, 2020

Starting at $38,400, the sedan is designed to compete with Tesla’s Model 3.

LeEco
Posted inUp and Comers

Faraday Future’s Jia Yueting files for bankruptcy in US, to return to China

by Jill Shen Oct 15, 2019Mar 17, 2020

The cash-squeezed EV maker plans to meet with local governments about producing the FF81.

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  • SILICON | Why is China investigating the state-backed semiconductor “Big Fund”? Aug 12, 2022
  • SMIC generated $1.9 billion in revenue in 2022 Q2 Aug 12, 2022
  • Xiaomi launches a thinner foldable phone to compete with rivals Aug 12, 2022
  • Xiaomi to test self-driving vehicles in China: CEO Aug 12, 2022
  • Xpeng says more than 20,000 pre-orders received in 24 hours for its G9 SUV Aug 12, 2022
  • Dingdong Maicai reports adjusted net income for the first time in Q2 earnings Aug 12, 2022

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  • Xpeng says more than 20,000 pre-orders received in 24 hours for its G9 SUV
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