Ordering a drink or meal at 2 a.m. could be possible in the future, as Meituan unveiled on July 25 more details of its driverless food delivery vehicles.
Xiaomi Corp. said it removed all advertisements for peer-to-peer (P2P) platforms across its channels after about 400 million yuan worth of deposits, or about $59 million, from Xiaomi users were involved in the recent P2P lending default wave in China.
Cheetah Mobile Inc. released on July 19 its brand-new AI interpretation device Cheetah Translator with long standby time.
Tesla Inc. is going to open its first overseas production facility in Shanghai, aiming to double its global manufacturing size.
Pinduoduo, one of China’s largest e-commerce unicorns, looks to raise around US$1 billion in its U.S. initial public offering (IPO), confirming a report published earlier by Pandaily.