Tencent’s Daily Revenue Nears 200 Million Yuan, Draws Near Other Global Giants
Seven of the Top 10 are Internet technology companies – namely, Apple, Google, Microsoft, Amazon, Facebook, Tencent and Alibaba – have a combined market value o...
Category: Industry
Showing 12 of 6372 posts in this category
Alibaba Collaborates with China Telecom to Launch Ali Fish Card
Ali has teamed up with China Telecom to launch Ali Fish SIM cards, including Ali Small Fish Card and Ali Big Fish Card, which enables free data charge when usin...
10/18/20173 min read
CEO of Alibaba's Grocery Chain Freshippo Shares Views on Europe Trip
Hou Yi, the CEO of Alibaba-owned supermarket chain Freshippo, is currently on a trip to Europe to study local market conditions, including stops in France, Germany, Switzerland, and the UK. While traveling, Hou posted some of his feelings on Toutiao, a popular Chinese news and information platform.
12/14/20223 min read
Didi Pay Fined 4.27M Yuan by People's Bank of China
Information released on July 15 by the Business Administration Department of the People's Bank of China (Beijing) showed that Didi Pay has been formally warned for 12 kinds of illegal acts and fined 4.27 million yuan ($632,349).
7/18/20223 min read
TikTok Competitor BIGO to Relocate Its Hong Kong Servers in Singapore to Escape Crossfire
The Chinese short video service company BIGO is moving its servers from Hong Kong to Singapore in order to emphasize its independence from its Chinese parent company.
Lei Jun says Xiaomi’s monthly smartphone shipment in Q4 will exceed 10 million
Lei Jun, Xiaomi’s founder and CEO, said in Weibo that the global shipment of Xiaomi’s smartphones exceeded 10 million and that the company aims at 10 million-od...
Mihoyo's Investment in Nuclear Fusion Reaches Milestone with 'Honghuang 70' Tokamak Magnet Forming A Loop
On January 11th, FusionEnergy announced that the 12 toroidal field magnets of the 'Honghuang 70' tokamak have been successfully assembled with the vacuum chamber and inner cooling screen.
1/11/20242 min read
DHgate Launches MyyShop to Build Decentralized Ecosystem
DHgate, one of the leading B2B cross-border e-commerce marketplaces in China, officially launched MyyShop, a new Software-as-a-Service (SaaS) product for decentralized cross-border e-commerce.
9/26/20204 min read
Ant Group Executives Summoned for Talks with Regulators, Establishes Rectification Work Group
Ant Group executives were summoned on Dec. 26 for talks about anti-monopoly practices with regulators and top financial watchdogs.
12/28/20202 min read
Chinese Drone Maker EHang Seeks Nasdaq IPO
According to Bloomberg, Guangzhou-based drone maker EHang submitted its confidential filing to Nasdaq.
Chinese Hotel Chain Atour Set for Nasdaq Debut and ADS Issuance
Atour Lifestyle, a leading Chinese hotel chain, submitted its prospectus to the US Securities and Exchange Commission on November 7, with plans to officially list on the Nasdaq under the stock code "ATAT" on November 14.
11/9/20223 min read
Tencent's Net Revenue and Profit Declines in 2022, Q4 Net Profit Increases By 19%
Leading Chinese tech firm Tencent released its 2022 Q4 and full-year financial report on March 22.
3/22/20234 min read