Alibaba Resets: CEO Zhang Yong and His Four Executives
Once every year, Alibaba undergoes a major organizational adjustment after its annual ‘Double Eleven’ sale on November 11.
12/17/202117 min read
Category: Industry
Showing 12 of 6361 posts in this category
DFUB, Subsidiary of New Oriental, Shuts Down Tutoring Business for Grade 12 Students
On Monday, several China media outlets reported that DFUB, a subsidiary of New Oriental, had decided to close its tutoring business for Grade 12 students.
9/13/20212 min read
Weibo Achieves Total 2021 Revenue of $2.26B
Popular Chinese microblogging platform Weibo released its financial results for the fourth quarter and whole year of 2021 on Thursday.
3/4/20223 min read
CyberDog Team Wins 2021 Xiaomi Annual Technology Award
On Tuesday, Lei Jun, founder of Xiaomi, announced on Chinese social platform Weibo that Xiaomi had held its annual technical award ceremony on Monday.
1/4/20222 min read
TikTok Parent Company ByteDance Builds Team to Develop Drugs Using AI
Short-video app TikTok’s parent company ByteDance is looking to hire for its artificial intelligence drug discovery team in Mountain View, Beijing and Shanghai, as the company ventures into pharmaceutical research.
12/25/20202 min read
Kuaishou's Search Service Releases New Slogan: Respond to Every Lifestyle with Your Own Lifestyle
Kuaishou has released a brand new slogan for its search service – "Respond to Every Lifestyle with Your Own Lifestyle" – as seen in its first TV commercial and the latest information released on Monday.
9/28/20212 min read
Huawei Mobile Phone Shipments Surge To Second Worldwide
Huawei’s Consumer Business CEO revealed that Huawei’s total mobile phone shipments are to reach 230 million, surpassing Apple as the second most globally, just behind Samsung.
12/20/20192 min read
ByteDance Lowers Stock Option Offering Price to $155 Per Share
ByteDance, the parent of short-video platform TikTok, is planning to lower the price of its stock options to $155 per share to enhance the benefit space of employees and allow them to share in the growth value of the company.
8/31/20222 min read
Kuaishou Incentivizes User Collaboration with 60 Billion Network Traffic
On May 9th, Kuaishou upgraded its "Chuanliu Plan" and will allocate at least 60 billion network traffic throughout the year to incentivize collaboration between merchants and influencers.
Honeymoon Dessert's Parent Company Completes Round of Strategic Financing
Honeymoon Dessert and Tea Buds, two Chinese food and beverage brands, have recently merged. The parent company of Honeymoon Dessert also announced the completion of a new round of strategic financing.
5/7/20223 min read
China Reveals Plans to Build a Pilot FTZ on Hainan Island
The State Council of China has officially announced the approval for setting up a pilot free trade zone (FTZ) in the southern province of Hainan, with an overal...
Baidu releases smart speaker with screen and home functions
On March 26, Baidu and Xiaoyu jointly held a product release conference in Beijing to release the first smart speaker with a screen, named the Duer Zaijia. Pric...
3/27/20184 min read