Driven by the iPhone 13's stellar performance, Apple regained its throne in the Chinese smartphone market during the fourth quarter of 2021, with a market share reaching 22%, according to a report by Strategy Analytics.
Chinese short-video platform Kuaishou has recently set a target range between 900 billion yuan ($141 billion) and 970 billion yuan in GMV for its e-commerce operations.
China’s Hefu-Noodle is planning to list its shares outside the country’s borders, according to Juewei Food, a stewed-snack producer whose wholly-owned subsidiary Shenzhen Wangju Investment controls 16.92% of the popular noodle restaurant chain.
As one of China's fastest-growing social shopping platforms, Xiaohongshu is trying to develop a sustainable business model which realizes genuine profits while maintaining the authenticity of its content as well as users’ desire to engage and share.
Missfresh is stepping up to improve profitability by developing in-house labels and expanding the scale of direct sourcing as the main problem China’s online grocery sector faces has changed from the last-mile logistics to the first-mile supply chain.
An energy conference devoted to hydrogen technologies and low-carbon strategies kicked off in the southern Chinese city of Foshan on Wednesday.
The viral project that amassed more than 10 million views in less than a week has been reduced to a flameout amid a mixture of anti-overwork sentiment and digital censorship in Chinese society.
QCraft said on Wednesday that the company will adopt U.S. computer graphics giant Nvidia’s Drive Orin automotive system-on-a-chip to power its third-generation Level 4 self-driving hardware solution.
Tencent Music Entertainment Group (TME) announced on Tuesday that record labels and artists who are part of TME Music Cloud can now distribute their music around the world via Apple Music.
At the 2021 World Internet of Things Expo held in the eastern city of Wuxi, Chinese autonomous driving startup QCraft introduced the country’s first 5G-enabled unmanned bus supporting online-based ride-hailing functions.
The arrival of what is likely to be a very harsh winter has placed ensuring energy supply high on Chinese officials’ agenda, prompting the government to take a series of measures to ease the worst power crisis it has faced in a decade.
With several top players withdrawing from the competition, the bloated market is entering a new phase of consolidation.
Meituan has invested in autonomous driving startup QCraft’s latest fundraising round of $100 million, highlighting the intensifying bets made by the country’s Big Tech on the promising driverless car space.
During the Tokyo 2020 Games, China's profit-first self-media industry generated traffic through the sophisticated manipulation of people’s emotions.
Besides heightened regulatory pressure from authorities, an increasingly shrill blend of nationalist and anti-capitalist sentiment among Chinese netizens has also acted as a catalyst for Didi’s turmoil, creating an unprecedented scenario on social media.