
Tencent to Ramp Up Investment on Back of Strong Q1 Performance
Tencent Holdings on Thursday reported a 25% gain in first quarter revenue from a year earlier, as the Chinese tech giant pledged to further ramp up investment across various areas.
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Tencent Holdings on Thursday reported a 25% gain in first quarter revenue from a year earlier, as the Chinese tech giant pledged to further ramp up investment across various areas.
Xiaomi announced the shutdown of MiTalk last Tuesday, the same day Tencent unveiled an ambitious vision for WeChat. Why couldn't these apps achieve the same success?
Shanghai-based semiconductor wafer manufacturer Hua Hong Semiconductor announced on Monday that its board of directors had approved the preliminary proposal for a possible listing to the Shanghai STAR Market.
Liu Yongzhuo, President of Evergrande Auto, said that the three-month battle to get the first car off the assembly line, which started on October 8, has achieved initial results, and the BIW assembly line was launched at the end of November.
Three Chinese state associations issued a joint initiative on Wednesday for curbing the financialization and securitization of NFTs, and for preventing the risk of illegal financial activities.
Ni Kuiyang, Chief Financial Officer of Chinese property developer SOHO China, was probed by police for investigation on suspicion of insider trading.
Manu Kumar Jain, Xiaomi Global Vice President and India Managing Director, announced on social media that Xiaomi TV has ranked first in the Indian market for five consecutive quarters.
Sogou CEO Wang Xiaochuan released an internal email today, saying that "from today, Sogou will be integrated into Tencent, and I will officially step down as Sogou CEO."
Audiences who showed up a bit late on July 3, at the 2019 Baidu Create AI Developer Conference might have thought Robin Li, founder and CEO of Baidu has put on too much hair product when giving the opening speech of today's event.
ByteDance has agreed to pay US$92 million to settle a class-action lawsuit over data privacy claims from some US TikTok users, following a year of litigation.
One of Tencent's investment affiliates recently took a stake in ShenZhen Tenways Technovation Limited, a manufacturer of electric bicycles. The registered capital of the company increased 38.8%.
Xiaomi's primary task at present is to focus on car manufacturing, aiming to make the Xiaomi SU7 the electric vehicle with the best compatibility and convenience with public charging stations.