Agnes Xueer Lu, Author at Pandaily

The persistent war of anti-monopoly has been fueling up as ByteDance’s Douyin on Feb. 2 announced to sue tech giant Tencent for restricting users to share Douyin content on WeChat and QQ.

Industry

Agnes Xueer Lu Feb 3

In 2020, a total of 37 Chinese mobile games have earned more than $100 million in overseas markets, according to the latest report from Sensor Tower.

Gaming

Agnes Xueer Lu Feb 2

On Jan. 31, Chinese smartphone maker Xiaomi announced to have sued the U.S. Department of Defense and the U.S. Treasury Department in hopes to reverse the executive order that bars American capital in the company.

Industry

Agnes Xueer Lu Feb 1

Huabei and Jiebei, two micro-loaning platforms of Ant Group, have launched a quota management function to advocate rational consumption.

Industry

Agnes Xueer Lu Jan 29

EV manufacturer Faraday Future has agreed to go public through a merger with the Property Solutions Acquisition Corp (PSAC) with the combined entity valued at $3.4 billion.

Industry

Agnes Xueer Lu Jan 29

Fruit-themed WeChat game Merging Watermelon went viral over the weekend and is still trending on microblogging platform Weibo.

Culture

Agnes Xueer Lu Jan 28

Jihan Wu, the co-founder of Bitmain, announced he will resign as CEO to resolve a year-long dispute with Micree Zhan, the other co-founder, according to an internal letter he issued.

Industry

Agnes Xueer Lu Jan 28

OnePlus co-founder Carl Pei on Jan. 27 announced the establishment of his London-based new consumer technology startup Nothing, which obtained $7 million in fresh capital last December.

Industry

Agnes Xueer Lu Jan 27

On the evening of Jan. 26, ByteDance CEO Zhang Nan issued an internal letter to the staff, announcing that Douyin, the Chinese version of TikTok, will be the exclusive red envelope interactive partner of the 2021 Spring Festival Gala.

Industry

Agnes Xueer Lu Jan 27

Online K-12 education platform Huohua Siwei recently completed a Series E round of financing, raising more than $400 million through three stages - the E1, E2 and E3, respectively - of fundraising.

Industry

Agnes Xueer Lu Jan 26

Surrogacy has sparked an unprecedented uproar on the Internet in China in the past week.

Culture

Agnes Xueer Lu Jan 25

Chinese e-cigarette company RELX Technology on Jan. 22 was officially listed on the New York Stock Exchange (NYSE) under the symbol “RLX”, becoming the first Chinese e-cigarette brand to start public trading.

Industry

Agnes Xueer Lu Jan 25

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.

Industry

Agnes Xueer Lu Jan 21

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.

Industry

Agnes Xueer Lu Jan 20

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.

Industry

Agnes Xueer Lu Jan 20

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