Meizu shipped only 8 million units in 2018, ‘mainly due to lack of funds.’
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Posted inUp and Comers
Xiaomi rival Transsion to list on Shanghai tech board
The news comes as the Shanghai Stock Exchange began accepting IPO applications for its new tech board.
Posted inTurf Wars
Xpeng, next up in wave of US IPOs, attracts big-name investors
Xpeng Motors is priming for a public listing in New York where it could raise up to $1.1 billion from high-profile backers including Alibaba and Xiaomi.
Posted inTurf Wars
EV maker Xpeng has 15,000 orders for its P7 sedan
Starting at $38,400, the sedan is designed to compete with Tesla’s Model 3.
Posted inUp and Comers
Xpeng shares soar 41% in US debut, market cap nears Chinese auto giants
Six-year-old Xpeng Motors now has a market capitalization of nearly $15 billion, nearing the size of a number of giant Chinese automakers.
Posted inTurf Wars
Tesla denied access to grand jury materials for ex-Xpeng engineer
Tesla requested access to Xpeng’s entire repository of autonomous-driving source code and clones of its executives’ hard drives.
Posted inUp and Comers
Briefing: Megvii is reconsidering its IPO timing as trade war extends
The future for the $4 billion unicorn is uncertain amid concerns that it will be added to the US entity list.
