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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


  • Deutsche Börse earns more in 2022 than ever before

    German exchange operator Deutsche Börse reported that its net revenue rose by 24% to €4.34 billion ($4.65 billion) in 2022, fuelled by brisk trading volumes, higher interest rates and takeovers.

    February10,2023


  • Indel B sells participation but stays in China

    Indel B sold all its participations to the Chinese subsidiary. The group producing refrigeration systems for mobile living destined to the automotive, hospitality and leisure time markets has completed the operation with Guangdong Tianhu.

    April17,2019


  • 【Financial Str. Release】Bourses to cut A share, B share handling fee rates from Aug. 28

    Chinese securities regulator guided bourses in Beijing, Shanghai and Shenzhen to lower securities trading handling fees from August 28 to further invigorate capital market, reported Xinhua Finance on August 18.

    August21,2023


  • 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


  • As expected, Deutsche Börse saw strong growth in 2019

    German exchange operator, Deutsche Börse, benefited in 2019 from the sustained high demand for risk hedging, brisk trading on the financial markets and also takeovers.

    February20,2020


  • 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


  • 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


  • China’s B & R Initiative is “bold and futuristic”

    China today is led by the dynamic leader H.E. President Xi, a loyal son of the country and the Communist party. His vision of ‘Belt and Road’ is nothing less than historic in nature – it is epic – it is bold and futuristic.

    July15,2016


  • ​BOC conducts 1st B/L financing for Chang’an China-Europe freight train

    Bank of China (BOC) Shaanxi branch on Tuesday conducts its first financing business of through bill of lading (through B/L) for Chang’an China-Europe freight train, marking BOC’s first credit loan for railway bill.

    August19,2021


  • B & R Initiative expected to boost Mongolia's development

    More and more Mongolians think the China-proposed Belt and Road Initiative provides a good chance to boost the landlocked country's economy.

    July15,2016


  • Indonesia's export reaches 11.64 b USD in June

    Export of products from Indonesia was recorded at 11.64 billion U.S. dollars in June, the national statistics bureau announced here on Monday.

    July17,2017


  • Luckin Coffee raises 200 mln USD in B round financing

    Chinese start-up Luckin Coffee has completed its Series B round of financing worth 200 million U.S. dollars, the company said Wednesday.

    December13,2018


  • 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


  • UR Work receives $58 million in its B round of financing

    The co-working space start-up UR Work has just received a 400 million yuan ($58 million) investment in its B round of financing, boosting its valuation estimation to seven billion yuan.

    January22,2017


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