Showing 12 of 6361 posts in this category
Black Shark, a Chinese gaming smartphone brand, has recently been significantly shrinking its number of employees, with layoffs involving various departments and reaching a rate of nearly 50%.
Chinese video platform iQiyi had begun laying off employees today which, according to some who had been laid off, is the largest round of layoffs in the company's history to date.
Reporting from vehicle data analysis company Jato Dynamics indicates that the price of electric vehicles (EV) has dropped sharply in China but increased across Western countries over the past decade.
Canalys published its annual cloud services market share report for China on Monday. Overall, 2021 was a strong year in the mainland of China, with the cloud infrastructure services market growing 45% to a total of $27.4 billion.
This year marks the tenth anniversary of Xiaomi’s Mi TV's birth. The Chinese consumer electronics giant announced on Monday that its Mi TV lineup has ranked first in China in terms of shipping for the third year in a row.
ByteDance-owned Douyin Group has adjusted its organizational structure, naming Han Shangyou, the current vice president of Douyin, as the platform's new head, managing several business lines.
Chinese private space startup LinkSpace completed its third test of a reusable rocket in Qinghai province on Aug. 10, pushing China one step further in the reusable rocket industry as well as affordable space launches.
The blockchain ecosystem in China is taking shape, with great increases in the number of enterprises and diversified applications according to China's Ministry ...
The Hong Kong Stock Exchange on Tuesday publicly censured Chinese business tycoon Jia Yueting, two former CEOs named Jiang Chao and Liu Jiangfeng, as well as three ex-directors of domestic smartphone maker Coolpad Group.
In last weeks VC news: Bain Capital bets on Newlink, XAG raises funds for R&D, Momenta bags $500 million, while Fova Energy secures new funds from Shunwei Capital.
The Indian government announced Tuesday to ban another 43 Chinese apps, including Alibaba-backed Aliexpress.
ByteDance's Douyin has recently reached an agreement with China's original music record company, Modern Sky. The deal will see both sides work together on a variety of aspects in the industry.