On June 18 evening (EDT), U.S. President Donald Trump announced another tarriff on $200 billion worth of imports from China; Ministry of Commerce in China responded immediately saying “it is blackmail and an extreme threat.”
Xiaomi announced its decision on Tuesday to postpone its listing process in mainland China while proceeding with original plans in Hong Kong.
Alibaba tops the list to become the number one company that competitors are “most worried about” for their disruptive business models in the latest KPMG tech survey.
NIU has launched two all-new scooters, the M+ and N-GT in the Louvre Museum, Paris, on June 12. The scooters that have been specifically customized for the European market feature an enhanced riding experience with better safety aids.
Douyin, the most popular short-video platform, announced on June 12 that its number of domestic daily active users (DAU) has exceeded 150 million.
Byton’s K-Byte concept debuted in Shanghai on June 12, and Byton, the Beijing-based startup has announced its product naming strategy for the first time.
Kuaishou, one of China’s most popular video apps, confirmed on Tuesday that it has completed the purchase of AcFun to fully own China’s largest online video hosting platform.
Tujia.com, Airbnb’s equivalent in the China market, denied the rumor of a possible merger on June 1, stating that the two short-term rental service platforms have not been in any form of contact.
China’s Tencent and Alibaba stayed among the top 10 of the 2018 BrandZ Top 100 Most Valuable Global Brands ranking released by WPP and Kantar Millward Brown on Tuesday.
Chaping, an independent tech media on Tencent’s WeChat platform, announced on Monday that it will voluntarily refund the investment to Tencent after an online outcry about its series A funding from the Chinese tech giant.