Tencent launches palm payments in Beijing
Chinese social media giant Tencent Holdings is allowing Beijing metro passengers to pay for rides using only their palms in a new ...
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Tag: China Tech News
Huawei CFO Meng Wanzhou to be chairwoman
Huawei Technologies Co chief financial officer Meng Wanzhou, daughter of company founder and chief executive Ren Zhengfei, is expected to take her turn ...
Beijing-based Well-Link Technologies Raise $40M
Beijing-based cloud rendering startup Well-Link Technologies has raised US$40 million led by Singapore state investment firm Temasek Existing investors Future Capital and VGC took part ...
Beijing-based Nreal raises $15M
Nreal, a maker of augmented reality glasses, has raised $15 million in a funding round led by Gentle Monster parent firm IICombined. ...
China’s BioTeke Debuts Robot for Rapid, ‘one-stop’, Covid-19 Testing
BioTeke, a Chinese company, has developed a robot that can perform Covid-19 testing with unprecedented speed and efficiency. The robot, ...
Chinese ride-hailing service Xiangdao Chuxing secures $150 Million
Chinese ride-hailing service Xiangdao Chuxing announced on Monday that it has raised more than $150 million in Series B from ...
Didi Global was hit with a $1.2 billion fine by the Chinese government for violating the country’s strict laws on data security
Following a year-long investigation, China's cybersecurity watchdog announced that it had fined Didi Global $1.2 billion after discovering that the ...
China’s XPeng Robotics secures $100 Million
Shenzhen-headquartered XPeng Robotics has secured US$100 million in a Series A fundraise led by IDG Capital. The tech firm’s parent, ...
Huawei-backed Aito sees 10,000 pre-orders in 2 hours for the new M7 model
Aito, a Chinese electric vehicle brand backed by Huawei, received more than 10,000 pre-orders for the M7 in just two ...
Alibaba to test self-driving trucks on public roads without human safety drivers
Alibaba has become the first company in China to receive approval to test self-driving trucks without a driver behind the ...
Chinese self-driving startup DeepRoute.ai is making deliveries
On June 18, Yuanrong Qixing (deeproute.ai) and Debon Express reached a cooperation agreement. Yuanrong Qixing's self-driving light truck will provide ...
China’s BYD surpasses Volkswagen to become the third-largest automaker in market cap
BYD on Tuesday unseated Volkswagen and became the world’s third-biggest automaker by market capitalization. The milestone came at the same time ...
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