At a launch event in London, OPPO released the OPPO Reno 2, its newest generation of Reno smartphones, to the European market.
OPPO sub-brand Realme officially launched their first flagship device Realme X2 Pro on October 15.
Paytm is close to scoring $2 billion of new financing from investors including Alibaba’s Ant Financial and SoftBank Group Corp., Bloomberg reported citing a person familiar with the matter.
Short video app TikTok has opened an office in close proximity to Facebook’s headquarters in Silicon Valley and has begun poaching Facebook employees
It seems like Realme is entering the smart TV domain, as 91mobiles reported that the OPPO subsidiary is going up against Xiaomi’s Mi TV with their new Realme TV.
Chinese e-commerce behemoth Alibaba announced on October 9 that the company will stop selling e-cigarette components in the US.
The valuation makes Meituan the third largest listed Internet company in China following Alibaba ($428.3 billion) and Tencent ($394.3 billion).
NIO shares surged as much as 12% on October 8 after the Chinese electric vehicle maker delivered 4,799 vehicles in the third quarter, up 35.1% from the second quarter, exceeding expectations by a large margin.
Ant Financial, the Chinese payments giant, is in talks to lead a $600 million funding round in India’s leading food delivery app Zomato, people familiar with the matter told the Economic Times.
Suning Sports, the sports division of Suning Holdings Group, has laid off 20% of its employees and restarted negotiations with Alibaba to enter a joint venture.
On September 30, Transsion, known as the “king of mobile phones in Africa”, raised nearly $4 billion in an IPO on Shanghai’s Star Market.
At the ARM China Media Communication Conference on September 25, ARM Holdings clarified that their cooperation with Huawei and HiSilicon will not be affected by the current US sanctions against Huawei.
Alibaba has released a social networking app for university students named Real Ruwo (lit. the real me), Chinese media reported on September 24.
Alibaba unveiled its first AI inference chip on September 25 at Alibaba Cloud’s annual flagship Apsara Computing Conference.
Tesla is reported to be putting together “a major engineering team in China.”