Clubhouse Banned in Mainland China
Following seas of Chinese users flocking to download the invite-only social media application Clubhouse, the app was banned in mainland China on Feb. 8, around 7:30 p.m. local time.
Category: Industry
Showing 12 of 6361 posts in this category
Mathematician Yitang Zhang Claims to Have Proven Riemann Hypothesis Problem
Yitang Zhang, a Chinese-American mathematician, reportedly disclosed in an online salon organized by the Peking University Alumni Association on October 15 that he has proven the longstanding Landau-Siegel zeros theory.
ofo Raises 700 Million US Dollar Series E, Led by Alibaba
On July 6, Chinese bike-sharing start-up ofo announced a 700 million dollar funding round. The Series E funding was led by Alibaba, Hony Capital, and CITIC Priv...
Unqualified Didi Driver Disobeys Pullover Request, Injuring 4
A Didi driver broke through a police barrier on June 13, trying to escape examination, injuring four, including one law enforcement officer, according to ThePaper.
6/14/20192 min read
Meituan Announces Q2 Results, Faces Investigation From Market Regulator
Meituan released its Q2 financial results on Monday. The State Administration for Market Regulation announced on the same day that it had investigated Meituan's failure to report its acquisition of Mobike in accordance with the law.
8/30/20213 min read
Beijing-Based Beverage Firm Genki Forest Undergoes Organizational Adjustment
Chinese beverage company Genki Forest has been undergoing extensive adjustments to its organizational structure recently.
12/23/20212 min read
Luckin Coffee Denies Opening Branch in Thailand
Some web users posted pictures recently suggesting that Chinese beverage chain Luckin Coffee has opened branches in Thailand. In response, Luckin Coffee issued a statement on August 9, clarifying that such reports were not true.
8/10/20223 min read
Mogu Inc. Reportedly Cuts Workforce, Earned 30.8% Less Year-on-Year
Chinese e-commerce and fashion platform Mogu Inc., which has reportedly carried out substantial layoffs recently, announced its financial report for the first half of fiscal year 2022.
12/24/20213 min read
ByteDance’s AI Head Wei-Ying Ma Leaves Company for Tsinghua Amid US Crisis
Wei-Ying Ma, Vice President of ByteDance and Director of its Artificial Intelligence Laboratory, is leaving to join Advanced Industry Research (AIR)
7/28/20202 min read
The Midea Group Officially Lists on The Stock Exchange of Hong Kong
On September 17, Midea Group was officially listed on the main board of the Hong Kong Stock Exchange, raising over 30 billion Hong Kong dollars.
JD.com to Launch ChatGPT-style Product This Year
He Xiaodong, the Vice President of JD.com, which is one of China's largest e-commerce companies, announced on April 8 at a summit that the company will be launching an "industrial version" of ChatGPT called ChatJD this year.
US Court Rejects All Civil Lawsuits Against Chinese Chip Maker SMIC
Chinese chip maker SMIC announced on Friday that it had received a ruling from the United States District Court for the Central District of California dismissing, in its entirety, the civil lawsuit with prejudice and without leave to amend.