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Tesla has stopped issuing a software update that was set to give customers in China a one-month free trial of its RMB 64,000 ($8,816) Full Self-Driving (FSD) assisted driving system, Chinese blogger Shawn said on March 23 on microblogging platform Weibo. IT Home , in Chinese]
Chinese e-commerce giant JD.com has started quietly piloting its cross-border platform Joybuy in the UK, marking its push into the European market. The rollout includes same-day and next-day delivery, free shipping, and 30-day returns perks familiar to JDs domestic users in China. JD has been ramping up its local presence in Europe.
are increasingly going global, but recent regulatory crackdowns in China , which instructed local K-12 tutoring startups to go nonprofit, have led to a chill among check-writers looking at the country. based investors often cited China as validation of the opportunity for direct-to-consumer businesses in the K-12 world.
Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. ” Many local providers also offer lower prices and give a large amount of bandwidth for free, attracting SMEs. . It recently closed a $1.4
As founder of the Atlanta-based tech startup Nile, she spent 3 years scaling the platform, which connects consumers to Black online businesses. More from us: This ain’t good : Zack and Carly teamed up to write about a big police data leak in China that may have exposed…basically every one of its residents. got itself a new CFO.
billion ($386 million) cash infusion from two investment firms controlled by the local governments of eastern Chinas Anhui province and its capital city Hefei, where the Chinese electric vehicle maker operates its manufacturing plants, according to public information. a China-based subsidiary of Nio Inc., increased from RMB 16.4
Min Zhou is the CEO of CM Venture Capital, a China-based investment company which partners multinationals to help them invest in next-gen technologies. TechNode Insider is an open platform for subject experts to discuss China tech with TechNodes audience. and building an ecosystem of partners.
Whenever I visit the US, one question mobile entrepreneurs always ask me is ‘How can my startup break into China?’. But finding the right local partner isn’t easy, and even if you do find one, gaining a foothold in the massive Chinese mobile market takes patience, insight, and strategy. The short answer is simple: Partnership.
As financial troubles escalate at Danke, China’s authorities are stepping in to hold the once-promising apartment rental and sharing company accountable. When the COVID-19 pandemic hit, China’s rental market cooled, putting stress on Danke’s funding vehicle. when it went public in January.
The businesses that the accelerator favor all aim to go beyond Korea’s traditionally inward focus, and move into lucrative markets including the US, China, Japan, and others. Selling premium organic breads from local bakeries via an online platform is what this startup does. HeyBread (E-commerce). Another food-related startup.
A Chinese e-commerce platform claiming to allow users to apply for a refund without returning the product, known as a refund-only policy, faces a backlash from customers angered by the policys fine details. Taobao, JD, and Douyin made the same move at the end of last year amid fierce competition in Chinas e-commerce sector.
to create an active paseo, which hosts local farmers markets and other gatherings. The projects ground floor retail, reserved for local businesses, is designed to further activate the area. Its also imbedded with local fauna, increasing local habitat biodiversity, reducing heat absorption, and contributing to stormwater management.
Indonesian agritech platform TaniHub Group harvests a $65.5M Buyers make purchase orders through the platform, which are then distributed to fishery communities that Aruna organizes to focus on particular types of seafood. The platform currently has about 20 product categories and will use its funding to expand into more.
The new funding will see WeRide joining hands with Yutong, a 57-year-old company, to make autonomous driving minibuses and city buses as well as work together on R&D, vehicle platforms and mobility services. AutoX becomes China’s first to remove safety drivers from robotaxis. ” WeRide’s competitors include Pony.ai
Tesla has had a run of bad publicity in China so far this year, with officials raising concerns over security risks , and protests about how the US automaker handles customer complaints in the country. The WSJ reported that Tesla posted an apology to its page on Weibo, a social media platform in China.
Founded 10 years ago, Konvy is now Thailand’s top beauty e-commerce platform. Konvy was launched in 2012 by Chinese entrepreneur QingGui Huang, who previously managed fashion e-commerce platforms in China. Konvy’s goal is to help local and international beauty brands take advantage of two major trends.
Volkswagen and Xpeng Motors on Monday announced moves that will expand their partnership to develop a highly modern electrical/electronic architecture not only for VWs locally focused electric vehicle platform, the China Main Platform (CMP), but also for the global Modular Electric Drive Matrix (MEB) platform.
The governments of several major cities in Chinas affluent Guangdong province announced on Dec. The move will allow companies to test their robocars on public roads in the districts of Qianhai and Baoan in Shenzhen, the Nansha district of Guangzhou, and Hengqin island in Zhuhai, once they get a permit from any of the local governments.
NetEase, the second-largest gaming company in China (behind Tencent), is among a group of investors who just backed IMVU, an avatar-focused social network operating out of California. The line between social networking and gaming is increasingly blurring , and internet incumbents are taking notice.
Volkswagen has cut the starter price for its ID.UNYX, the first model from the companys China-exclusive all-electric ID.UX model, initially designed with its Modular Electric Drive Matrix (MEB) platform, from next year to 2026 company sources told local media outlet AutoPix on Nov. Yicai , AutoPix, in Chinese ]
Chinas food delivery company Meituan has appointed Senior Vice President Wang Puzhong as CEO of its new core local commerce business, marking the first time the firm has had two chief executives.
Chinaccelerator , the only accelerator of its kind in China, hosted a demo day on Tuesday for its third batch of startups. Chinaccelerator is raising the bar here in China, and today’s demos really reflected that. Overall, I was impressed with the quality of the pitching. Toy Cloud is a fun company, literally.
Social media platforms typically produce private user information in response to valid court orders, depending on the legal process in various countries. China’s push toward more control has led to widespread protests across Hong Kong , which began last year.
Amazon has instructed some Chinese cross-border merchants selling goods on its site to stop listing lower-priced products on rival platform Temu, according to a report in the South China Morning Post today. On the one hand, it draws in consumers, as the platform markets itself with slogans such as Shop Like a Billionaire.
Noissue , a New Zealand-based global packaging platform, wants to make sustainable packaging accessible to businesses of all sizes. intends to use the funds to grow its global team, invest in the technology that powers its platform and localize its supply chain, according to Josh Bowden, CEO and co-founder of noissue.
Rephrase.ai, a self-described synthetic media production platform, today announced that it raised $10.6 ” Using Rephrase’s platform, a customer can select an avatar, background and voice, and enter text that the avatar will recite. “This is the problem Rephrase aims to solve.”
Tesla, Mobileye, Alibaba, and Didi have denied speculation that they have been involved in conducting illegal map-making activities after Chinas top security agency said it found an incident of spying in which a foreign enterprise used a local company to collect sensitive map data.
Chinas National Radio and Television Administration has required short web dramas must submit to censorship before airing in online platforms, in a strict new regulation targeting the popular content format. 1, according to local media agency Caixin. Dramas that have not been filed are prohibited from distribution from June.
17, Honor CEO Zhao Ming resigned due to personal reasons, followed by the departures of China CMO Jiang Hairong and sales head Zheng Shubao on Jan. Details: Honor CEO Zhao Ming recently announced his departure from the Huawei spin-off on Chinese social platform Weibo as the company prepares for its upcoming IPO, having served for a decade.
Japans Honda Motor said on Tuesday it is introducing a new electric vehicle brand in China, and will use components from local companies including CATL, Huawei, and iFlyTek as it looks to adapt to significant changes in the highly competitive Chinese car market. The companys sales declined 10.1% to roughly 1.2 to roughly 1.2
Fierce competition in China’s anime, comics, and gaming sector is expected this summer with the release of at least 11 ACG-style games scheduled for August, local media outlet GameLook reported on Monday. GameLook, in Chinese ]
Tesla is preparing for a major expansion of the Gigafactory Shanghai, its core electric vehicle production facility in China, in a move that looks set to enable the US automaker to bring out its long-rumored budget compact hatchback, local media has reported. The expansion was put on ice early this year, according to a Jan.
According to a report from The Guardian , the company has removed a Facebook group with more than 1 million members after it was threatened by the Thai government for violating local laws around defaming the ruling monarch. But in practice, Facebook has shown it often avoids making decisions that disadvantage it politically.
Nvidia is recruiting scientists and engineers for its autonomous driving team in China, as indicated by a job post on the social media platform WeChat published on Tuesday. Wu anticipates the local team to be the “core strength” for engineering Nvidias autonomous driving solutions.
Zombies Hybrid Edition, a remastered version of the classic tower defense video game published by the American company PopCap Games, went viral in China in June, 15 years after its first release. The creator of the Hybrid Edition is blogger Submarine Weiweimi (our translation of in Chinese) who posts on Chinese video platform Bilibili.
AFK Journey , a free-to-play fantasy RPG (role-playing game) released by Lilith Games, has reached the top of China’s iOS free game download charts having just been released last Thursday. The companys influence in Chinas gaming industry has made its new releases noteworthy.
from a year ago during Chinas second-biggest annual shopping event, the 618 festival, third-party data provider Syntun said in a report on Wednesday. Why it matters: E-commerce platforms invariably choose to release consumption data that is favorable to them in an attempt to portray untouchable positions in a crowded industry.
Katana , an enterprise resource planning (ERP) platform for small- and medium-sized manufacturers, has raised €35 million ($34 million) in a Series B round of funding. End of ‘made in China’ era. In short, the ‘made in China’ era is ending.” Shopify and WooCommerce), accounting (e.g.,
A card issuing platform isn’t in the best position to tackle these issues head-on. Nigeria is one such market where per Statista , local labels such as Verve, the largest domestic card scheme developed by unicorn fintech Interswitch, control more than half of the market. Tiger Global is earning its stripes in Africa.
In China in particular, cross-border e-commerce represents a significant potential revenue stream for businesses of all sizes. We’re seeing really strong innovation come out of China, whether it’s in software, gaming, all sorts of digital assets, or physical assets that Chinese businesses are looking to trade internationally.
Details: Where Winds Meet is set in the turbulent Five Dynasties and Ten Kingdoms era of China, where war and political strife engulf both the imperial court and the martial world. million) in revenue from its mobile version in the first month, according to local gaming media outlet GameLook. million), the report suggested.
Gamification and social hooks have become cornerstones across every category of consumer apps these days, and today one that’s using these to build out a new e-commerce platform in Europe is announcing a seed round to give its growth a boost. China’s Pinduoduo, he said, sometimes makes as little as 0.5% off a sale.
11, 2025, JD.com officially announced the launch of a new food delivery service, recruiting quality dine-in restaurants to join its platform with a significant incentive: zero commission fees for all merchants who sign up before May 1. For consumers, this expanded choice might lead to better service and quality options.
The US game developer Activision Blizzard, which has recently been in discussions with several domestic game companies regarding the revival of its Chinese service after a one-year absence, has decided to re-establish collaboration with Chinese game publisher NetEase, as reported exclusively by local media outlet 36Kr.
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