Chinese mapping platform Amap and the Singapore Tourism Board launch a strategic partnership to create the first travel recommendation rankings on Tuesday. [Photo provided to chinadaily.com.cn] Chinese mapping platform Amap and the Singapore Tourism Board launched a strategic partnership to create the first travel recommendation rankings on Tuesday. The agreement will see the two sides jointly…
With China being its largest single market worldwide and one of its most dynamic growth engines, German optics giant Zeiss Group will continue to deepen its presence in the country and build a win-win ecosystem with local partners, said its China head. Martin Fischer, president and CEO of Zeiss Greater China, said during a recent…
A consumer carries a boxed item after shopping at a Costco store in Shenzhen, Guangdong province, on March 22. CHENG XIN/GETTY IMAGES Costco Wholesale Corp is accelerating its digital expansion in China, deepening competition with Walmart Inc’s fast-growing Sam’s Club as the US warehouse retailer seeks to broaden its reach beyond a limited store network.…
A view of the booth of Suzano during an expo in Shanghai. [Photo/VCG] Amid a turbulent and rapidly changing global environment, China has emerged as a crucial “source of stability” for multinational corporations, prompting Brazilian pulp and paper giant Suzano to continuously increase investments in the country, a senior company executive said. Pablo Machado, Suzano’s…
US chip maker Nvidia announced on Monday that it has teamed up with Chinese humanoid robot maker Unitree Robotics to launch its first-ever robotics system, which will be sold to researchers at institutions such as Stanford University. The system features Unitree’s nearly six-foot-tall H2 humanoid robot, integrated with Nvidia’s Jetson Thor hardware — including its…
Chinese humanoid robot maker Unitree Robotics won approval from the Shanghai Stock Exchange’s listing committee on Monday for its planned STAR Market initial public offering. The move marked one of the fastest IPO reviews in China this year as investors pile into the country’s fast-growing robotics sector. The Shanghai Stock Exchange said Unitree’s listing application…
Tony Xu, founder and CEO of Shanghai-based new energy company Sigenergy, delivers a speech at a news conference held in Shanghai, on May 29. [Provided to chinadaily.com.cn] A latest white paper, jointly released by Shanghai-based new energy company Sigenergy and market consultancy Frost & Sullivan on May 29, has highlighted that the rapid development of…
Boeing signed several cooperation agreements with Chinese companies at last week’s inaugural MRO Greater China exhibition in Beijing, indicating the US plane-maker’s firm interest in expanding its business in China. With China’s commercial fleet continuing to grow, the agreements signed with Boeing covered in-flight connectivity, aircraft maintenance support and parts procurement. Boeing has stated it…
Lululemon hosted a yoga festival at the Huanghuacheng Water Great Wall in Beijing. [Photo provided to chinadaily.com.cn] Thousands of enthusiasts gathered at the Great Wall in Beijing on Saturday for a yoga festival organized by Lululemon. The festival was billed as part of the athletic apparel, footwear, and accessories retailer’s growing investment in China. More than…
BUDAPEST — UEFA announced on Friday a long-term partnership with Alibaba Group on artificial intelligence, cloud services and e-commerce, as European football accelerates its digital transformation and fan engagement efforts. Under the agreement, Alibaba will become the official exclusive AI, cloud computing services and e-commerce partner for the UEFA Champions League, UEFA Europa League and…