Market & Industry
Leapmotor, Mydadao join forces to develop tailored smart shared car
Leapmotor, Mydadao join forces to develop tailored smart shared car

Leapmotor and car-sharing operator Mydadao reached a strategic cooperation agreement on July 18 to jointly explore and develop bespoke intelligent shared cars and have in-depth talks on vehicle trusteeship and supporting monetary instrument.

Jul. 19 , 2018
Geely Automobile Holdings acquires three auto companies with RMB 3.173 billion in total
Geely Automobile Holdings acquires three auto companies with RMB 3.173 billion in total

Zhejiang Jirun, an indirect 99%-owned subsidiary of Geely Automobile Holdings, entered into the DJD Acquistion Agreement with Hangzhou Components, pursuant to which Zhejiang Jirun agreed to acquire the entire equity of Hangzhou Geely Automobile.

Jul. 19 , 2018
Two model projects of GAC FCA approved by GAC Group
Two model projects of GAC FCA approved by GAC Group

GAC Group announced that its board of directors agreed to implement two model projects of GAC FCA, a joint venture of GAC and Fiat Chrysler, as well as a model project of GAC Motor.

Jul. 19 , 2018
Automakers listed on Fortune’s Top 500 Chinese companies
Automakers listed on Fortune’s Top 500 Chinese companies

Fortune China has released the latest Fortune China Top 500 list on July 10, 2018. A total of 28 automakers and auto parts’ suppliers have entered the list.

Jul. 18 , 2018
Xilinx announces acquisition of China AI chip startup DeePhi Tech
Xilinx announces acquisition of China AI chip startup DeePhi Tech

Xilinx, the global leader in adaptive and intelligent computing, announced on July 18 that it has acquired DeePhi Technology Co., Ltd (DeePhi Tech), a Beijing-based startup with industry-leading capabilities in machine learning.

Jul. 18 , 2018
Didi procures $500 million investment from global travel firm Booking Holdings
Didi procures $500 million investment from global travel firm Booking Holdings

Chinese ride-hailing giant Didi Chuxing and Booking Holdings, the global leader in travel e-commerce, announced on July 17 that two companies have formed a strategic partnership to build up across-the-board mobility service ecosystem.

Jul. 17 , 2018