On Jan. 20, the third round of digital currency pilot testing, part of larger scheme to introduce the E-Yuan in mainland China, was launched in Shenzhen.
The lawsuit over the music copyright infringement of 72 songs between Alibaba Culture Media Co., Ltd. and Tencent was drawn to a court decision on Jan. 15, where Tencent paid 432,000 yuan in compensation to Alibaba.
China’s video streaming platform iQIYI held the Shout out for Love Gala 2021 on Jan. 15, becoming the first platform in the industry to use multi-screen interactive livestreaming.
On Jan. 18, vacation rental online marketplace company Airbnb’s China branch held an online press conference to launch the “Airbnb China Host Community Report 2020” and announce the winners of the Bélo Awards 2020.
Viral Chinese short video sharing platform Kuaishou passed the listing hearing of the Hong Kong Exchanges and Clearing (HKEX) on the afternoon of Jan. 14, and the Tencent-backed company plans to publicly trade on HKEX on Feb. 5.
China’s leading L4 autonomous driving mobility company WeRide announced Thursday it completed the Series B2 and B3 financing, marking that WeRide has raised a total of $310 million in a Series B funding.
On Jan. 12, Chinese PC maker Lenovo Group Ltd. said that it is planning to issue Chinese Depositary Receipts (CDRs) - representing up to 10% of its total number of shares - to be listed on the tech-heavy Nasdaq-style Shanghai STAR Market.
Chinese e-commerce giant JD.com announced on Jan. 11 it is officially establishing JD Technology as an affiliate after integrating its cloud and AI business with JD Digital.
Ride-hailing platforms Didi Chuxing and its standalone platform Huaxiaozhu were fined a total of about 1.4 million yuan for insufficiently implementing Covid-19 prevention measures and inadequately supervising their drivers’ behavior.
Futian District in the city of Shenzhen issued 20 million digital yuan to eligible local citizens in 100,000 red envelopes, each with a value of 200 yuan, marking the second time the city of Shenzhen participated in an official e-yuan pilot in the form of red envelopes.
On the evening of Jan. 6, it was reported that middle and senior executives of Luckin Coffee signed a joint letter, accusing the current chairman and CEO Guo Jinyi.
The Robotaxi Technical Requirements Group Standard was recently released.
GAC NIO on Dec. 31 posted on its official Weibo account that it became the first auto company in China to accept Bitcoin as payment for vehicle purchases.
Leading smartphone manufacturer Huawei disclosed that by 2021, more than 40 mainstream brands and 100 million devices will provide new application scenarios for the HarmonyOS system.
The digital currency trial in the city of Suzhou came to an end on Dec. 27 at midnight, Beijing local time, which lasted for two weeks starting from Dec. 11.