ByteDance Launches "Douwen Novel" App
ByteDance is testing the paid novels market. The company had recently launched the "Douwen Novel" App which is meant to be a small scale version of a potentially larger business push later on.
1/5/20223 min read
Category: Industry
Showing 12 of 6361 posts in this category
Alibaba to Start Pre-IPO Road Shows in Hong Kong Next Week
According to Chinese media reports, internet giant Alibaba is ready to start pre-IPO roadshows in Hong Kong next week.
11/8/20192 min read
Chinese EV Maker NIO to Lay Off Over 1000 Workers
On August 22, a number of employees from NIO, a Chinese electric vehicle company, confirmed to media that the company issued an internal letter stating that it will continue with layoffs. The letter reveals that NIO is planning to retain 7,500 people by the end of September.
Car Maintenance E-Commerce Platform Tuhu to Debut in Hong Kong
On August 29, Tuhu Car Inc., an e-commerce platform for automobile maintenance, submitted an application for a listing to the Hong Kong Stock Exchange (HKEx).
8/29/20222 min read
CEO William Li: NIO Plans to Launch a New Smartphone Every Year
On July 28, William Li, CEO of new energy automobile firm NIO, met with users in Fuzhou, Fujian province, and talked about the progress of NIO's smartphone manufacturing.
7/28/20223 min read
Here is How AI is Bringing Equality to Education in China
The combination of AI and human tutoring could provide students of all backgrounds with an opportunity to escape the classic “assembly line” sort of education system. AI is duplicatable at a lower cost, and is unaffected by time and location.
China VC Weekly: Ride-Hailing, Snacks and More
In last week’s VC news, Didi rival T3 bagged over a billion dollars in financing for market expansion, Alibaba injected funds in a young content creation company DGene, and more.
11/2/20217 min read
China Reaches 110 Million 5G Users, Becoming World’s Biggest 5G Market
China has reached more than 110 million 5G users, making it the biggest 5G market in the world, said China Academy for Information and Communications Technology.
9/18/20203 min read
Pinduoduo Partners with Mango TV to Host Double 12 Super Night Gala
On Dec. 11, Pinduoduo, China’s leading interactive e-commerce platform, partnered with Mango TV, Hunan’s provincial satellite TV, to present a live broadcast of the “Double 12 Super Night Gala.”
12/12/20202 min read
Alibaba, Baidu, Tencent and Other Platforms Launch DeepSeek
Recently, Baidu AI Cloud, Huawei Cloud, Alibaba Cloud, Tencent Cloud, 360 Digital Security, ZStack and other platforms announced the launch of DeepSeek large models.
2/5/20253 min read
Alibaba Reports Strong Quarterly Financial Results
Alibaba Group announced its financial results for the first quarter of the 2020 fiscal year ended June 30, 2019. The Chinese tech behemoth had a strong quarter across the board, beating estimates on revenue and earnings despite the uncertain market conditions due to the US-China trade tensions.
Jumei International Holding Ltd. Announces Completion of Going Private
As a result of the merger, the company ceased to be a publicly traded company and became a wholly-owned subsidiary of parent.
4/15/20202 min read