TikTok owner ByteDance announced revenue of 40 billion yuan ($5.64 billion) in the first quarter of 2020, up 130 percent from the previous year.
MiraclePlus RMB Fund I, L.P., recently completed a new round of funding, with Sequoia and former JD.com CEO Richard Liu among its investors.
BlueCity Holdings Ltd, the parent company of gay dating app Blued, submitted a prospectus to the US Securities and Exchange Commission (SEC) today.
Chinese cloud platform QCloud and Game engine Unity launched Unity Connected Games, a platform providing online game services, multiplayer networking services and developer services.
China’s largest classified advertising platform 58.com announced today that it has entered into a merger agreement with Quantum Bloom Group Ltd.
Beijing became strict and started conducting coronavirus check again as new infections came these days.
HeyTea issued an apology for the detection of microbial contamination in beverages sold in Nanjing stores and listed five corrective measures.
Zynn, Kuaishou's overseas short video app will return to Google's play store soon.
Tuniu Corp. (TOUR) reported Wednesday a net loss of 201.5 million yuan ($29.5 million) on revenue of 174 million yuan, a year-on-year decrease of 61.9%, in Q1 2020.
iQIYI, online video platform based in Beijing, announced its appointment of Kuek Yu-Chuang as vice president of international business, effective immediately.
Sina Weibo suspends its rankings of top searches and hot topics.
Arm China’s executive chairman and CEO, Allen Wu's dismissal on 10 June triggers questions about its corporate control.
UCAR Inc announced Wednesday that all 270 million shares held by Chairman Lu Zhengyao have been judicially frozen by the Beijing First Intermediate People's Court until April 2023.
WeChat added delivery services to its mini programs last week, another feature to make it a super app that almost equals an operating system.
Luckin Coffee chairman Lu Zhengyao resigned on Tuesday from the board of China Auto Rental Co., Ltd. (CAR), Tencent Finance reported.