Xiaomi's Revenue Hits CNY 78 Billion in Q3 2021

As of Q3 2021, Xiaomi has invested in more than 360 companies, with book value of CNY 59.1 billion.

Volkswagen Offers NIO-Like 'Battery Rental' Program for ID.3 Buyers in China

The ID. family of electric vehicles sold 12,736 units in China in October, up 25.8 percent from 10,126 units in September, according to data released by VW earlier this month. The ID.3 delivered 1,255 units in its first week of availability in China.

Tesla Raises Prices of Entry-Level Model 3 and Model Y in China

Musk says Model S Plaid could come to China around March next year.

Press Release: Dada Nexus Beats Q3 2021 Earnings Estimates with 86% YoY Revenue Growth

SHANGHAI, China, November 24, 2021 /Dada Group/ – Dada Group (DADA: NASDAQ) ('Dada'), China's leading local on-demand delivery and retail platform, today announced its unaudited financial results for the third quarter ended September 30, 2021.

Kuaishou Announces Q3 2021 Financial Results

Kuaishou continues to focus on its brand advertisement and monetization capabilities. DAUs and MAUs both saw significant increases, hitting record highs in recent quarters.

China's Investment Opportunities in 2022 and Beyond丨WIM2021 New York Forum Official Launch

The WIM Committee officially announced that this year's World Innovators Meet New York will be held on December 9th, as scheduled.

Cadillac Lyriq Available for Pre-order in China, Priced from About USD 68,940

The long-range all-electric Lyriq will allow long sojourns on China's highways; the car sold out in 19 minutes in the US after the company opened reservations for their upcoming 2023 Lyriq.

iQIYI Releases Q3 2021 Financial Results

Mr. Yu Gong, founder, director, and CEO of iQIYI, commented the Q3 performance was a 'softer than expected top-line performance'.

Desay SV Leads – and Closes – MAXIEYE's CNY 300 Mn Series B Round

On November 18, Chinese intelligent driving and intelligent travel technology service provider, MAXIEYE, announced the completion of its round B financing of CNY 300 million.

Xiaomi Backs Lidar Maker Hesai's CNY 2.36 Bn Series D Round

On November 16, the company completed its D round financing of approximately CNY 2.360 billion, with its leading investors including Xiaomi, GLVentures, Meituan and CPE.

Hillhouse Capital Invested Heavily in Chinese Stocks in Q3 2021

The SEC disclosed Hillhouse Capital's secondary market exposure on November 16.

Revenue Reaches CNY 31.9 Bn as Baidu Announces Q3 2021

"Baidu Core delivered another solid quarter, powered by our AI cloud revenue growing 73% year over year," said Rong Luo, CFO of Baidu. "With a diversified AI portfolio, including cloud services, smart transportation, smart devices, self-driving, smart EV and robotaxi, we are well positioned for long-term growth."