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Shanghai to Launch Its First Direct Passenger Flight Route to a Central Asian Country in May
China’s OpenAI Challenger Zhipu AI Secures Over CNY 2.5 Billion to Step Further on Large-Scale Model
New Energy Vehicle Sales Up 27% in August 2023
Tesla Announces Global Supercharger Network Surpasses 50,000 Units
Power Device Company Maplesemi Completes Series A+ Financing Round
Acoustic Technology Company Audfly Completes Series B Financing Round
Ecosia Shifts AI Search Toward Open-Weight Models, Including Chinese LLMs
Ecosia, the Berlin-based search engine, is shifting more of its AI services toward open-weight models, including Alibaba’s Qwen, Z.ai’s GLM and Moonshot AI’s Kimi, through German AI platform Melious. Founder and CEO Christian Kroll told Politico that the change had roughly halved costs while improving quality and performance. The move shows how Chinese-developed models are entering Western products through European hosting and infrastructure.
Oct 12, 2026 03:34 PM
Unpacking China | Key Chinese Firms to Watch This Week (4/10/2026-10/10/2026)
Amid fast-paced changes that fill the business community with excitement, angst and trepidation, EqualOcean will publish a series of roundup articles to document the major events related to Chinese companies going global every week.
Oct 12, 2026 03:30 PM
Wicue Raised CNY 200 Mn in Series C+ Financing Round
Intelligent Industrial Drone and UAV Systems Developer I-KINGTEC Closed A Series C+ Financing Round
Em-Data Technology Completed Strategic Financing Round
Manus Parent Butterfly Effect Raises More Than $500 Million After Meta Deal Unwind
Butterfly Effect, the China-founded company behind AI agent Manus, has completed a funding round of more than US$500 million, the company announced on October 8. Boyu Capital and IDG Capital led the round, with existing investors Tencent, HSG and ZhenFund also participating. The company did not disclose its valuation or how it plans to use the proceeds.
Oct 10, 2026 11:22 AM
Wasion Unit Reports More Than CNY 4 Billion in Overseas Contract Awards
Wasion Holdings Limited(威胜控股)said its subsidiary Wayon Energy Technology had secured overseas contract awards worth more than CNY 4 billion from the start of 2026 through October 8. The orders cover data-center infrastructure and power-distribution equipment, with data-center thermal-management products and solutions accounting for more than CNY 570 million.
Oct 09, 2026 10:36 AM
3D Printing Company Easy 3D Made Completes Series B Financing Round
Chinese Digital Company Hengyuan Technology Raised CNY 100 Mn from Series B Financing Round
Which Way Is the Wind Blowing? How to Balance Geopolitics and Heavy Capex Investment
Oct 08, 2026 05:15 PM
From Paris to Shanghai: The Same Project, Two Different Views of Time
Sep 01, 2026 03:17 PM