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Riot Games, a subsidiary of Tencent, announced today its plans to reduce its workforce by 530 employees, which constitutes approximately 11% of the total personnel.
ByteDance's Vice President of its virtual reality division, PICO, Ren Lifeng, has officially resigned to embark on a new entrepreneurial journey in the cross-border e-commerce sector.
Oriental Selection is exploring overseas markets with TikTok, improving the efficiency of product procurement processes by integrating high-quality supply chain resources.
Recently, the company owned by Jack Ma, 1.8 Meters Food Technology (Zhejiang) Co., Ltd., obtained an administrative license for the sale of health food.
Recently, ByteDance has made further adjustments to its salary and incentive policies. Many employees believe that this is actually a disguised 'pay cut'.
Regarding the rumors about "NetEase initiating large-scale layoffs," an insider from NetEase responded: The news is false and it is a normal business adjustment and personnel movement within the company.
Chinese EV maker Leap Motor has recently secured a strategic investment of HKD 659 million, following the Stellantis Group's previous investment of 1.5 billion euros.
Xiaomi has officially denied claims that Hyper OS is a self-developed system, a rumor that the company suggests was propagated to stir up controversy between Xiaomi and Huawei.
There is news that Tencent has received notification from Meta, stating that they will temporarily suspend their collaboration on this generation of XR hardware.
DJI released its first intelligent 3D model editing software called 'DJI Modify'. This software claims to be as simple as retouching photos for model editing.
On January 18th, Tesla officially started the Cybertruck tour in China and has begun accepting registrations. The first city for the exhibition will be determined based on registration numbers.
On January 17th, Temu, a cross-border e-commerce platform under Pinduoduo, officially launched its South Africa site. This is also the 49th country that Temu has entered since its launch in September last year.
On January 17th, Meituan's Hong Kong stock price fell by 6.97%, closing at HKD 68.75, reaching a new low in the past four years. This price dropped below Meituan's IPO price.
