Live-streaming platform Huya gained 7.54%, with the stock price climbing to $17.25, giving it a total market value of $3.786 billion as the mergence between Huya and Douyu is said to be underway.
Episode 68 of Tech Buzz China features our co-host Rui Ma in dialogue with Shang Koo, the CFO of M17 Entertainment, or M17.asia, which is a livestreaming company popular in Taiwan and Japan.
While media reported that Megvii suspended its IPO listing in HK, Megvii told us it's false.
Xiaomi today announced the appointment of Yang Zhe, also known as Jeffery Yang, as Vice President and Chief Marketing Officer (CMO) of its Chinese division.
Polestar, the premium electric vehicle maker owned by China's Geely, plans a big expansion of its showroom network in mainland China.
Chinese video platform Bilibili is to launch a multi-functional remote-sensing educational satellite, aiming to arouse interest among the youth in China.
Chinese multinational internet company ByteDance is looking to launch a second corporate entity in India after ByteDance India Services Ltd.
According to The Latest IPO, Chinese internet technology giant NetEase officially announced the launch of its secondary Hong Kong public offering on the evening of June 1, Beijing time. Netease will be listed on the main board of the Hong Kong stock exchange under the ticker "9999". A total of 171 million common shares will…
Chinese ride-hailing giant Didi Chuxing has completed the first fundraising round of over $500 million for developing its autonomous driving technologies.
Though influenced by the COVID-19 pandemic, NIO's losses are narrowing. What's more, NIO has reached agreements with investors for investment in China.
E-commerce platforms like JD.com made strategic moves to react to the gloom in the retail consumption market brought by the COVID-19 pandemic.
Faraday Future (FF) founder and CPUO Jia Yueting had finally completed personal bankruptcy restructuring on May 21, Los Angeles local time, at a hearing in the District Court for the Central District of California.
Chinese E-commerce Grocery Startup MissFresh has completed a new round of financing at a pre-investment valuation of more than $3 billion.
On the evening of May 21, Reuters reported that Baidu was considering delisting from NASDAQ to boost its valuation. Baidu responded to The Economic Observer later claiming this was a false rumor.
“Overseas Chinese tried hard to be part of the solution in the COVID-19 pandemic, but are constantly considered as the cause of the problem.”