Nanjing
Shein overtakes Amazon as top shopping app on US app stores
Shein‘s quiet rise has reached a crescendo as the fast fashion e-commerce app takes the crown from Amazon as the No.1 app in the shopping categories of iOS and Android…
EV startup Byton furloughs half of its 450-person staff in the US
China-based electric car startup Byton has furloughed about half of the 450 employees who work at its North American headquarters in Santa Clara, Calif., putting the release date of the…
The Station: Volvo evolves, Skip trips and touchscreen tech
The Station is back for another week of news and analysis on all the ways people and goods move from Point A to Point B — today and in the…
Dutch chipmaker NXP makes China push by backing radar company Hawkeye
Dutch chipmaker NXP Semiconductors has come a long way since Qualcomm’s outsized $44 billion offer to acquire it fell through last year. In an announcement released on Tuesday, NXP said…
Alibaba, Tencent and other major names form $1.45B ride-hailing venture
For the last two years, Didi has been the dominant car-hailing force in China, and its success has spawned a handful of competitors initiated by both internet firms and old-school…
Tesla breaks ground on Shanghai factory which will produce Model 3 EVs for China
Tesla CEO Elon Musk has confirmed that the company’s first overseas factory in Shanghai will focus on producing Model 3 vehicles for the Chinese market only. Musk is currently in…
Over the last few years, millions of Chinese workers managed to earn extra money by being ride-hailing drivers. Many picked the gig because of its flexible schedule. For those who…
Meituan, China’s ‘everything app,’ walks away from bike sharing and ride hailing
A major player in the race to transport Chinese people around is losing steam. Meituan Dianping, the Tencent-backed, all-encompassing platform for local services, continues to put the brakes on bike-sharing…
WeWork China raises $500M to triple the number of cities it covers
WeWork’s China business is getting a fresh injection of capital after it raised $500 million. The company entered China two years ago and today it covers Beijing, Shanghai and Chengdu…
Apple is opening new stores in Downtown Miami, Cologne and Nanjing
While Apple’s retail team is currently remodeling all its stores, the company is also opening brand new stores around the world. Apple is opening a flagship store in Downtown Miami,…
