According to the 10-K annual report submitted by automaker Tesla to the the US Securities and Exchange Commission (SEC) on Tuesday, the firm's revenue in the Chinese market reached an impressive $13.844 billion in 2021.
While Kindle has failed to profit from its existing customers through the Kindle store, the web novel market is also a territory hard for Amazon, as a U.S company, to enter.
According to the latest data from AutoForecast Solutions, as of December 5, the ongoing shortage of chips has caused a cumulative reduction of 10.122 million vehicles in the global automotive market, among which the cumulative output reduction in China reached 1.982 million vehicles.
At a press conference held on Wednesday, Honda China stated that it planned to introduce 10 Honda-brand EV models in the next five years, and that all new models launched in China after 2030 will be electric.
According to data gathered by reporters at Securities Daily, as of October 7, over 20 virtual currency-related enterprises have announced that they would completely withdraw from the Chinese market.
China's State Administration for Market Regulation on October 8 reached a decision to penalize domestic food delivery giant Meituan.
General Motors announced on Thursday that it will invest $300 million in Momenta, a Chinese autonomous driving start-up, in an effort to accelerate the development of self-driving technology withinthe Chinese market.
On September 6, China's State Administration for Market Regulation (SAMR) releases a news on its website that BMW (China) Automobile Trading Co., Ltd. filed a recall program on September 5.
Faraday Future (FF) announced on August 20 that it plans to greatly expand its number of employees over the next 12 months, following a business combination deal that closed in July of this year.
Reporting from vehicle data analysis company Jato Dynamics indicates that the price of electric vehicles (EV) has dropped sharply in China but increased across Western countries over the past decade.
Industry players like Missfresh are accelerating growth in the fresh food e-commerce sector through Distributed Mini Warehouses, Intelligent Fresh Markets, and retail cloud services.
Evergrande issued a response on August 20, affirming that it would fulfill its responsibilities and fully implement government requirements.
Car manufacturers Geely and Renault said on Monday they would jointly work to develop petrol-electric hybrid vehicles for core fast-growing markets such as China and South Korea.
China’s regulatory watchdog on Feb. 7 released new anti-monopoly regulations targeting tech giants and a recent escalation in unfair competition.
According to PDD, total sales volume has surged 81% year-on-year. For Generation-Z and millennial users, fitness kits, pet wear, and books came to the top on the holiday best-selling list.