We are seeing more and more internet companies jumping into the deep end of the auto-tech industry.
The Chinese government has granted conditional approval to its first homegrown coronavirus vaccine developed by state-owned pharmaceutical giant Sinopharm, health officials announced Thursday.
China’s market regulator said it fined operators of Alibaba’s Tmall, JD.com and Vipshop for mispricing products in November and early December, as Beijing steps up regulation of the e-commerce sector.
Meituan is facing an anti-monopoly investigation for abusing its dominant position as the government steps up scrutiny of the country’s biggest tech companies.
Chinese online education platform Yuanfudao has raised $300 million in a new funding round, bringing the overall funding of the Beijing-based company to $3.5 billion this year.
Short-video app TikTok’s parent company ByteDance is looking to hire for its artificial intelligence drug discovery team in Mountain View, Beijing and Shanghai, as the company ventures into pharmaceutical research.
Chinese toy manufacturer Pop Mart has admitted to selling repackaged items at one of their outlets in Shandong, east China, following a customer complaint.
High profile livestreamer Xin Ba has been fined 900,000 yuan ($138,000) for selling counterfeit bird’s-nest soup, in the latest dispute related to false advertising in China’s booming livestreaming industry.
Chinese short-video company Kuaishou Technology, TikTok’s competitor, is planning to go public in Hong Kong on Feb. 5 with a target valuation of $50 billion, according to Chinese media outlet 36Kr.
The highly-anticipated Xiaomi Mi 11 series will launch on Dec. 28, a day earlier than rumored, the company confirmed on Monday.
China’s largest food-delivery site Meituan has refuted claims that it took advantage of subscribing members by hiking up delivery fees, blaming it on issues with its real-time location system
China has built a total of 718,000 5G base stations throughout the country this year, most of them in large and medium-sized cities, the government announced.
Chinese bike-sharing app Mobike ceased operations Monday night following a full integration into its parent company, Meituan Dianping.
A manufacturer in China has developed the first non-woven antimicrobial face mask embedded with copper, and said the product has been scientifically proven to reduce the transmission of Covid-19 by 99%.
All shares of Suning Holdings Group held by chairman Zhang Jindong, his son Zhang Kangyang and Nanjing Runxian have been pledged to Taobao, Alibaba’s e-commerce platform.