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Alibaba invests in auto-related AR firm
Wayray, a Switzerland-based company founded in 2012, announced on Tuesday that it has received US$18 million from investors led by Alibaba to develop its augmented reality (AR) technology applied in connected cars.
March16,2017
JD eyes AR to enhance shopping experience
JD allied with AR industry partners including Intel, Wal-Mart, Vipshop, Lenovo, and Carslan to establish the first AR Unbounded Innovation Alliance in China at a launch ceremony held in Beijing on May 21, according to local media.
May25,2018
Chinese mainland AR, VR product sales up 62 pct in Q1
Sales of AR and VR products on the Chinese mainland surged 62 percent year on year to total 220,000 units in the first quarter (Q1) of this year, an industry report showed.
June12,2023
Alibaba invests in Swiss auto AR setup WayRay
Swiss-based AR navigation startup WayRay announced on Tuesday that it has raised 18 million U.S. dollars in a Series B round led by Chinese e-commerce giant Alibaba Group.
March17,2017
DiDi unveils voice assistant, AR navigation programs
Chinese leading mobile transportation platform Didi Chuxing has unveiled a voice assistant and augmented reality (AR) slated for street testing in its latest efforts to use artificial intelligence to improve the user experience.
August20,2018
AR market size to reach USD 300 billion by 2025: Huawei
The market size of Augumented Reality (AR) technology will reach 300 billion U.S. dollars by 2025, based on the data from Huawei and the third party, said Huawei carrier BG CMO Cai Mengbo at a global summit themed "5G+AR".
June18,2021
Chinese AR platform WiMi Hologram makes Nasdaq debut
WiMi Hologram Cloud Inc., a leading holographic augmented reality (AR) application platform in China, started trading on Nasdaq Wednesday.
April02,2020
China to spend over 65 bln dollars on VR/AR by 2023: report
China's market spending on augmented reality and virtual reality (VR/AR) is forecast to exceed 65.21 billion U.S. dollars in 2023, according to a report published by the International Data Corporation (IDC).
June10,2019
Chinese holographic AR platform WiMi Hologram sets terms for U.S. IPO
WiMi Hologram Cloud Inc., a leading holographic augmented reality (AR) application platform in China, announced terms on Monday for its initial public offering (IPO) on the U.S. stock market.
July16,2019
Xinhua Finance Global Center inaugurated in Shanghai
Xinhua Finance Global Center, serving as the operational hub of Xinhua Finance, was inaugurated in Shanghai on February 28.
March04,2025
Global climate financing conference opens in south China
The 2024 Pearl Bay International Climate Investment and Financing Conference, themed on global cooperation and green future, opened Sunday in the southern Chinese metropolis of Guangzhou.
December09,2024
AR technology to make "red envelope war" more fun in lunar New Year
Grabbing a digital "red envelope", a cash gift exchanged through a smartphone app, is a popular activity during lunar New Year in China. The activity is expected to become even more fun with the emergence of AR (Augmented Reality
January13,2017
China raises key parameter to facilitate cross-border financing
China on Monday raised a key parameter in its macro-prudential management to expand cross-border funding sources for companies and financial institutions, according to an official statement.
January13,2025
China unveils measures to improve government financing guaranty
Chinese authorities have unveiled a set of measures to promote and regulate the development of government financing guaranty amid efforts to beef up financing support for business entities.
February24,2025
Hungary, China vow to deepen cooperation on green finance
Hungary and China have agreed to strengthen financial cooperation and promote green finance at the Budapest Renminbi (RMB) Initiative Conference 2024 here on Monday.
September24,2024
AR technology to make "red envelope war" more fun in lunar New Year
Grabbing a digital "red envelope", a cash gift exchanged through a smartphone app, is a popular activity during lunar New Year in China. The activity is expected to become even more fun with the emergence of AR (Augmented Reality) techno
January13,2017
ADB approves 109.5 mln USD in financing to Kyrgyzstan
The Asian Development Bank (ADB) Thursday said it has approved 109.5 million U.S. dollars in financing to fund a road project around the Issyk-Kul Lake, one of the most popular tourist destinations in Kyrgyzstan.
September19,2024
China to improve construction of financing credit service platforms
China has released an action plan on strengthening the building of financing credit service platforms to facilitate the financing of micro, small and medium-sized enterprises.
April03,2024
China's mechanism for small, micro firms' financing generates results
China's efforts to promote financing coordination for small and micro companies are already bearing fruit, official data showed.
February26,2025
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