UFIDA network: it has applied to the CSRC for resumption of examination of non-public offering of shares

ERP Provider Yonyou Is China’s Answer to SAP

Yonyou ranks first in the Chinese ERP market, while SAP is the fourth.

Axera’s ADAS Chip Enters Europe Through Leapmotor Electric Hatchback

Axera（爱芯元智）said on October 20 that its advanced driver-assistance chip had entered the European market in a new compact electric hatchback from Leapmotor（零跑汽车）. The deployment extends the Chinese chip designer’s overseas reach through an existing automotive customer rather than a separately announced supply agreement with a European automaker.

Chery’s AiMOGA Plans Global Pre-Orders for Mobo Home Companion Robot

AiMOGA Robotics（墨甲机器人）, Chery’s（奇瑞）robotics brand, has scheduled the launch of Mobo（墨宝）, its first consumer-grade humanoid robot designed for home companionship, for October 21 in Wuhu. Global pre-orders are planned to open the same day, extending the brand’s product offering from commercial services into household applications.

AliExpress Expands YouTube Shopping Partnership to UK, Germany, Brazil and US

AliExpress（速卖通）, Alibaba’s（阿里巴巴）cross-border e-commerce platform, announced a global strategic affiliate partnership with YouTube on October 20, expanding cooperation to the United Kingdom, Germany, Brazil and the United States. The arrangement gives eligible creators another source of products to recommend and provides AliExpress merchants with an additional route to overseas consumers.

Yonyou 1H 2020 Revenue Falls below CNY 3 Billion amid the Pandemic

... and its SaaS transition is adding more pressure to its operation.