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This year's overseas monthly active users (MAU) of Ctrip, a Chinese travel-booking company, took up nearly half of its total MAU, Ctrip CEO Sun Jie announced in an open letter on Dec. 28.
Tencent has recently conducted alpha testing of an app called "Bibiji." The new product is an exclusive multiplayer entertainment platform for young people, containing alternative casual party games, as well as easy, fun and interactive gameplay.
TikTok confirmed on November 4 that it would not send a representative to testify before a Senate panel slated to examine the internet company’s ties to the Chinese government.
The NFT craze has finally arrived in China, and the traditional art world is prepared to welcome an incredibly exciting and potentially explosive expansion.
Tech giant Alibaba announced a banner year of philanthropy efforts by its e-commerce subsidiary Taobao in 2018.
Chinese e-commerce platform Pinduoduo Inc. saw increases in revenues and active users in its unaudited financial results for the third quarter ending Sept. 30, 2020.
China’s Electric Appliance Giant Gree announced its results in the first three quarters of 2021 on Tuesday. The report shows that the company achieved operating income of $7.4 billion in the third quarter, down 16.5% year-on-year.
Mixue, a Chinese tea-based beverages brand that is set to list on the main board of the Shenzhen Stock Exchange, has recently entered the South Korean and Japanese markets.
In last week’s China VC news, Moore Threads raked in a mind-boggling pre-A round just 100 days after its founding, ECARX raised $200 million and Ocean Link secured commitments for a new fund.
On December 19, the autonomous driving company TuSimple announced the launch of its new brand CreateAI and released several advancements in the field of generative AI.
Chinese social e-commerce startup Nice Tuan announced its latest $80 million Series C2 round led by CDH Investments.
China Securities Co., Ltd. (CSC) and China International Capital Corporation Limited (CICC) finished pre-listing tutoring Alibaba’s affiliate Ant Group, which is shooting for an IPO later this year.