Baidu will launch paid driverless robotaxi services in Beijing from May 2, the Chinese tech giant said on Thursday, making it the among the first companies in the country to offer autonomous driving robotaxi services to paying users.
A total of 10,263 new foreign-invested companies were established in China from January to March, and the FDI growth rate far surpassed the rate seen during the same period in 2019, before the coronavirus.
Chinese regulators have hit Alibaba with a record fine of 18 billion yuan (about $2.75 billion) for violating anti-monopoly rules as the country seeks to rein in the power of its largest internet conglomerates. In November, China proposed sweeping antitrust regulations targeting its interent economy. In late December, the State Administration for Market Regulation said […]
China's Bilibili is in talks to buy a 24% stake in Yoozoo Games as part of a nearly 5 billion yuan ($765 million) deal, two people said, as the online video site aims to tap its legion of young users to grow in the world's top gaming market.
Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities: