SINGAPORE - Chinese ultra fast fashion giant Shein's drive to improve its reputation is continuing with a US$70 million investment over the next five years to modernise its supply factories, increase automation and improve facilities for workers.

Coinbase has received a license to operate in the offshore haven of Bermuda, signaling that the company is doubling down on plans to increase its international business at a time when U.S. regulators have become hostile to the crypto industry.

The company disclosed in a blog post on Wednesday that it had received the license from the Bermuda Monetary Authority, the island nation’s integrated financial regulator, which was one of the first in the world to roll out a comprehensive legal framework for digital assets in 2018.

On the second day of Auto Shanghai 2023, Xiaomi founder Lei Jun visited several electric vehicle makers’ booths including NIO, XPeng, Geely’s Zeekr and HiPhi. Accompanying him were other Xiaomi executives such as Liu De, co-founder and vice president.

During the auto show, Lei visited XPeng‘s booth and their new sports utility vehicle G6. He also had a chance to speak briefly with Wang Fengying, who recently became president of XPeng. At NIO‘s booth, William Li personally accompanied Lei and provided explanations about their products and services. Additionally, Lei communicated with An Conghui, CEO of Zeekr, and David Ding, founder of HiPhi at their respective booths.

Anker Innovations, a consumer electronics  company, has released its latest financial report for the year 2022. According to previous reports, the company has experienced a seven-year streak of revenue growth.
The report highlights a positive year for the company, with a total revenue of 142.51 billion yuan ($22 billion USD), a 13.33% increase from the previous year. 96% of which comes from the company’s overseas markets. The net profit attributable to shareholders of the listed company was 11.43 billion yuan ($1.76 billion USD), a 16.43% increase from the previous year.

In recent years, the concept of quiet luxury has become a trend in the fashion industry.
The term refers to the subtle but expensive garments offered by high-end brands like Loro Piana and Brunello Cucinelli, which convey an understated elegance and refinement. But is it a trend exclusive to the Brunello Cucinellis of the retail world, or is there room for other players?

DJI and Zhiyun dominate the smartphone gimbal space, but Insta360 knows action video forward, backward, and in hyper-lapse. The Insta360 Flow gimbal sees the 360-degree action camera company expand beyond its core market into the phone space. The Flow relies on AI to help accurately track subjects when recording and goes head-to-head with models like the DJI Osmo Mobile 6  and the Zhiyun Smooth 5S , both of which offer similar feature sets at about the same price. Thanks to its excellent portability, ease of use, and smooth performance, the Insta360 Flow pulls ahead of its competitors to earn our Editors’ Choice award for smartphone gimbals.

KuCoin is a cryptocurrency exchange that provides margin, futures, and peer-to-peer (P2P) trading in addition to standard trading options. You can also stake or lend your digital assets to receive rewards or interest. KuCoin has lower trading fees than its competitors, making it an attractive alternative. However, is KuCoin legit and trustworthy? Who should trade on this platform? Keep reading our detailed KuCoin review to figure it out!

The latest addition to ECOVACS Robotics’ T-Series family, the T10 OMNI is set to revolutionize home cleaning and navigation. Available exclusively on Amazon, the T10 OMNI offers best-in-class cleaning and navigation features while incorporating natural language processing (NLP) technology from YIKO, a voice assistant, to enable direct speech and command without the need for a third-party smart device.

Coinbase, a leading cryptocurrency exchange, is confident in its ability to navigate and emerge stronger amidst increased regulatory scrutiny in the industry.

In its Q4 2022 earnings report, the US-based firm expressed optimism about its ability to overcome current and future challenges in the regulatory landscape, and suggested that it will be the “net beneficiary” of the increased regulatory focus.

The company has built reliable infrastructure and a strong business model, prioritizing prudent risk management and transparency with customers. It boasts of having a rigorous process of evaluating digital assets before listing on the spot market, which results in the majority of cryptocurrencies being rejected. Coinbase believes that this approach will help it stand out from its competitors.

Avalanche, one of the biggest blockchains for launching decentralized applications, and the KuCoin Wallet that support multi-chain aggregation powered by the KuCoin ecosystem have formally announced their integration partnership. As per a report, KuCoin Wallet provides users with simple access to all Avalanche native assets through the integration. 

Anker, the world's #1 mobile charging brand1, today announced Anker Ace chargers, a new family of mobile charging accessories specifically designed for Samsung Galaxy smartphones. The first two products to launch under this product line are the Anker 313 Charger (Ace, 45W) and the Anker 312 Charger (Ace, 25W). Both products are available today on Amazon.com and Anker.com in the United States, United Kingdom, Germany, and other European countries.

Powerful and portable with a foldable plug, Anker Ace chargers provide more efficient and powerful mobile charging solutions to Samsung customers worldwide.

Coinbase’s chief product officer (CPO) Surojit Chatterjee, who is to depart on 3 February, will reportedly have taken home around $115 million while working for the company.

According to DL News, Chatterjee, who joined the crypto exchange platform in February 2020 on a five-year contract, will have amassed $105 million from stock sales, retained around $7.6 million of stock and earned a salary of just under $1 million.

Chinese tech giant Anker has launched yet another innovative product – a monitor stand that doubles as a USB-C docking station. The Anker 675 USB-C Docking Station, as it is called, is more than just a monitor stand, it is a multi-functional hub that can help you organize your desk and make your work life easier. The docking station’s main function is to elevate your computer monitor to a more ergonomic height, reducing strain on your neck and eyes. But it also offers a wide range of ports that allow you to connect all of your devices in one place, making it easy to access and switch between them.

Last year Insta360 introduced the One RS 1-Inch 360 Edition, a high-end panoramic camera engineered in partnership with Leica. Well, the thing can now be used to shoot deeper underwater than ever before, thanks to Mantis Sub's RS360 watertight housing.

Shein, the ultra-fast fashion giant, has brought on another heavyweight executive to help steer its ship. It lately onboarded Jessica Liu, former co-president at the Southeast Asian ecommerce giant Lazada, as its vice president of global brand operations. This is an intriguing development, given the platform has focused mostly on its private labels Shein, Romwe, and Sheglam. There are already signs that Shein wants to evolve into an all-encompassing e-commerce platform with its horizontal expansion into home appliances, pet products, and its most ambitious push since fashion — cosmetics, which falls under the Sheglam brand. IDG Capital joined Shein’s series B and D funding rounds in 2015 and 2019.

Nio Inc. reported Thursday that November deliveries that surged to a record monthly total, outpacing rival China-based electric vehicle makers by a wide margin. The company said it delivered 14,178 EVs in November, up 30.3% from a year ago. The deliveries included 8,003 SUVs and 6,175 sedans, which consisted of 3,207 ET7s and 2,968 ET5s. Shanghai-based Nio NIO, -5.40% said it has now delivered a total of 273,741 EVs as of Nov. 30, and plans to accelerate production and deliveries in December. IDG Capital joined Nio’s Series B+ and C funding rounds in 2016 and 2017. Nio is the first automobile company that listed in three stock exchanges, it went public in NYSE, SEHK and SGX-ST.