TechNode Weekly News | November 22
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On Monday, Chinese AR (Augmented Reality) tech company?Rokid?marked its 10th anniversary with a product launch in Hangzhou, China, where CEO Misa Zhu unveiled its latest innovation, Rokid Glasses, created in partnership with Chinese eyewear brand Bolon. The Rokid Glasses are priced at RMB 2,499 ($345) and will be available for sale in the second quarter of 2025, the company announced.
Shein, the Chinese-founded online fast-fashion giant, is planning an initial public offering on the London Stock Exchange in the first quarter of 2025, according to?The Times. Regulatory approval is currently pending for the move, the newspaper added.
A dozen buses carrying around 300 journalists and influencers stopped in front of a car assembly plant in the eastern Chinese city of Fuzhou. The city used to be known for Chinese olives and white tea but is now the scene of 200,000 JETOUR cars rolling off the assembly lines each year, to be shipped around the world from Peru to South Africa.
Alibaba Group announced a major restructuring of its e-commerce business on Thursday, consolidating its domestic and international operations into a single e-commerce division. CEO Eddie Wu, in an internal memo, said the move aims to enhance the company’s ability to serve consumers worldwide and support small- and medium-sized enterprises in expanding across global markets, as reported in Chinese media outlet?36Kr.?