Chinese overseas shopping platforms in 2022: Bigger market share, controversies and complaints continue
Finding new revenue streams outside China became urgent for major Chinese online retailers as Covid control measures and a turbulent domestic regulatory environment hurt economic growth and consumer confidence in the country. Shein, which started as a small cross-border wedding dress supplier, turned into a unicorn worth $100 billion by April 2022, demonstrating a successful…
China’s EV battle 2022: why BYD is leaving Tesla and Xpeng in the dust
Find out the annual results of China’s EV leaders and the dynamics behind some of the biggest winners and losers in 2022.
Stay or leave: Chinese tech workers caught in Silicon Valley’s big tech layoffs
As Silicon Valley’s big tech start layoff rounds, Chinese tech workers who are fresh college graduates or need H1B visas are hardest hit.
A long value chain struggle: Moving hard tech jobs back to US and Europe won’t be easy or cheap
Bringing manufacturing back to the US or Europe is more complex than it seems and is expected to be a long value chain struggle.
China tech in 2022 | A difficult year for many, but EVs and overseas retail provide bright spots
2022 has been a challenging year for many Chinese tech companies. But EVs and overseas e-commerce have become rare growth points.
GM, Hyundai, and Honda experts on lithium-metal batteries and US-China supply chain decoupling
Although billions of dollars have been spent on pursuing breakthroughs in electric vehicle batteries, global automakers General Motors, Hyundai, and Honda believe there is still a long way to go to bring next-generation battery technologies to the market. Speaking on Dec. 14 during an online conference held by SES, a New York-listed battery maker, executives…
Chinese internet giants turn to philanthropy under economic downturn, but it’s not just a number’s game
Every September, Chinese tech majors kickstart a series of charity events, such as Alibaba’s Sept. 5 Charity Week and Tencent’s Sept. 9 Giving Day. Since this tradition of “charity month” in China was pioneered eight years ago by Tencent, these peer-to-peer fundraising campaigns have become the primary way that the general public in China gets…
Will battle for US consumer wallets intensify with latest contender Temu?
Discount retail market in the US heats up as Pinduoduo’s Temu enters. Temu is owned by the Nasdaq-listed PDD Holdings.
Baidu’s EV firm Jidu aims to take on Tesla
Jidu plans to launch the standard version next April, which CEO told TechNode could be “very competitive” on price.
Singles Day 2022: More deals and more competition from Douyin
On Monday, Chinese online retailers kicked off the annual November 11 Singles Day shopping festival. The festival, originated by e-commerce giant Alibaba in 2009, has long been a major retail event across the industry. This year, amid a slowing economy, weakening consumer demand, and growing competition from short-video platforms, established retailers are shifting their focus…
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