US Commerce Secretary Wilbur Ross confirmed in a recent interview that Huawei’s “temporary general license” which was due to expire on Monday August 19, will be extended for another 90 days.
Baidu, Inc, the company responsible for China’s leading internet search service among other things, has reported robust financial performance in the second quarter, beating estimates on revenue.
SINA Corporation, the company backing China’s popular microblogging service Weibo, reported its second quarter earnings results. Net revenue for the quarter was $533.1 million, beating expectations by $10.9 million despite a decline of 1% compared to the same period last year.
Chinese Super League 2019 Weekly: Matchweek 23
iQiyi Sports, a joint venture between Chinese online media streaming giant iQiyi and Super Sports Media, has acquired the exclusive streaming rights to Spain’s top football league, La Liga Santander, for the upcoming 2019/2020 season.
Recently, Chinese smartphone giant Xiaomi filed a patent in the database of the European Union Intellectual Property Office (EUIPO).
Tencent Music Entertainment Group, or TME, reported their second quarter 2019 financial results.
Mu Changchun, deputy director of the PBOC’s payments department, said at an event held by China Finance 40 Forum over the weekend that the bank’s own cryptocurrency is “close to being out.”
The tech industry is used to clashes between corporate rivals. Major conflicts between corporate titans usually result in the emergence of a victorious monopoly like Google, or Facebook.
Chinese Super League 2019 Weekly: Matchweek 22.
Chinese-American NBA player and recently crowned NBA champion Jeremy Lin has signed a partnership with Fujian-based Xtep International Holdings to be their brand ambassador as the firm enters the basketball gear and apparel space.
On August 16 nubia will launch their new dual-screen smartphone in China. The device builds on the success of the nubia X, which debuted the brand’s dual-screen technology.
Similar to the OnePlus 7 Pro, the 7T Pro comes with a 6.7-inch Fluid AMOLED Quad HD+ display with a PPI (pixels per inch) of 516 and an impressively smooth 90Hz refresh rate.
Pinduoduo has been a lone bright spot in what has been a very difficult time for Chinese ADRs listed in the US.
QuestMobile have recently released their semi-annual report on the short-video industry. 7.2 out of 10 mobile Internet users are using short-video products.