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EqualOcean

Investment Research Firm Focusing on China
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Your investors guide to China -EqualOceanis an investment research firm and information service provider focusing on Chinas Technology, Automotive and Consumer Internet sectors. With unique research and due diligence methodology, we provide tailored insights into a wide range of industries and ...more
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First Publicly Listed Humanoid Robot Company, UBTECH, Earning CNY 1.055B In 2023
Monday, April 1, 2024 5:28 AM EDT
UBTECH's humanoid robot applications have broken through, with significant growth in two business segments.
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XPeng Motors Announces Official Entry Into German Market
Sunday, March 31, 2024 2:20 PM EDT
On March 29, XPeng Motors announced its official entry into the German market. In May of this year, the company plans to start selling its two models, XPeng G9 and XPeng P7, in Germany.
In this article: XPEV
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BYD Slows Down Plans To Build Factory In Vietnam
Sunday, March 31, 2024 10:30 AM EDT
Recently, at BYD's shareholder meeting, an executive revealed that BYD has slowed down its plan to build an electric vehicle factory in Vietnam. After lengthy negotiations, BYD agreed to retain 100 hectares of commercial land in Vietnam.
In this article: BYDDF
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Weimob Inc. Announces 2023 Annual Report
Saturday, March 30, 2024 8:26 PM EDT
On March 28, Weimob Inc., a Chinese provider of cloud commerce and marketing solutions, released its financial report for 2023. The report shows that the company achieved a total revenue of 2.228 billion yuan, a year-on-year increase of 21.1%.
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Stellar Q4 & Full Year 2023: NaaS Records 245% YoY Revenue Growth And 14-Fold Gross Profit
Friday, March 29, 2024 12:00 AM EDT
NaaS Technology, the first U.S. listed EV charging service company in China, today announced remarkable financial growth and operational highlights in its newly-released unaudited financial results
In this article: NAAS
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Great Wall Motors Enters Indonesian Market: Leading In Southeast Asian EVs
Thursday, March 28, 2024 4:58 AM EDT
Great Wall Motors unveiled on March 26 that two of its models, the Tank 500 and Haval H6, have been officially introduced to the Indonesian market. This strategic move signifies a significant milestone in Great Wall Motors' expansion in Indonesia.
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BYD Releases 2023 Financial Report, With Net Profit Up 80% Year-On-Year
Wednesday, March 27, 2024 4:42 AM EDT
BYD's robust performance in 2023 cements its position as a leader in the global new energy vehicle market.
In this article: BYDDY
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Tencent Releases Fourth Quarter And Full-year Financial Report For 2023
Thursday, March 21, 2024 8:49 AM EDT
Tencent's revenue in the 4th quarter reached 155.196 billion yuan a year-on-year increase of 7%. As one of the company's core business segments Tencent's gaming business achieved revenue of 179.9 billion yuan in 2023, a year-on-year increase of 5.4%.
In this article: TCEHY
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Alibaba Plans To Invest $1.1 Billion In South Korea To Expand Its Business Operations
Sunday, March 17, 2024 2:00 PM EDT
Alibaba recently submitted a business proposal to the South Korean government. Over the next three years, the company plans to invest $1.1 billion in South Korea to expand its business operations, creating 3,000 direct or indirect job opportunities.
In this article: BABA
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BYD Is Seen By Tesla As Key Competitor In The Southeast Asian Market
Saturday, March 16, 2024 7:03 AM EDT
After combing through the news events, we see that Tesla's layout in Southeast Asia can be described as "multi-point blossoming".
In this article: BYD, TSLA
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IKEA Plans Further Reductions In Product Prices In Global Markets
Thursday, March 14, 2024 5:53 AM EDT
In light of cost decreases and slowing inflation, IKEA intends to continue lowering prices to stimulate sales.
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Amazon Invests $5.3 Billion In Saudi Data Center
Wednesday, March 13, 2024 8:21 AM EDT
Amazon Web Services has recently announced plans to establish a data center in Saudi Arabia. AWS intends to invest over $5.3 billion in the region with the aim to launch an AWS infrastructure region by 2026.
In this article: AMZN
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Montnets Going Overseas
Tuesday, March 12, 2024 4:43 AM EDT
Montnets Technology was founded in September 2001 and is headquartered in Shenzhen. It operates one of the largest enterprise cloud communication platforms in China.
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Hyundai Motor Will Invest US$1.1 Billion In Brazil By 2032
Friday, February 23, 2024 4:07 AM EDT
The investment will be shared between Hyundai Motor's Brazilian subsidiary and its local partners, mainly in green and future technologies.
In this article: HYMTF
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U.S. Electric Car Maker Rivian Announces 10% Layoffs
Thursday, February 22, 2024 1:45 AM EDT
On February 21, while releasing its fourth-quarter financial report, the American electric vehicle manufacturer Rivian announced that it would suffer a loss of US$5.4 billion in 2023 and plan to lay off 10% of its employees.
In this article: RIVN
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ByteDance Moves Employees Overseas At Doubled Salaries
Saturday, January 20, 2024 11:27 PM EDT
Moving the team overseas is part of an ongoing effort to operate in global compliance and accept local regulation.
In this article: MSFT
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