JD Posts Strong Q4 and Optimistic on Outlook
Bejing-based e-commerce giant JD.com surpassed the high end of their guidance range posting quarterly revenue of 170.7 billion yuan.
3/3/20202 min read
Category: Industry
Showing 12 of 6372 posts in this category
AI Art on the Horizon as Computers Learn Culture, Tencent Forecasts
The Palace Museum and Tencent held a "Culture and Technology" International Forum at the Imperial Palace on November 28. Tencent COO Mark Ren spoke at the openi...
Chinese Mental Health Apps Attract Investment as COVID-19 Spreads
For almost three years now, the COVID-19 pandemic has exacerbated many people's preexisting mental health problems, and mental health apps of various types have emerged, attracting considerable investment.
Rental Platform Beike Completes $1.5B D+ Round Led by Softbank
On Mar.4, China’s leading online long-term apartment rental companies Beike officially confirmed that it had completed a D+ round of financing.
Zhou Hongyi Makes Bold Move: Qihoo 360 Returns to Chinese Index Via Shell Company
China's internet security giant Qihoo 360 is set to listing on the Shanghai stock exchange after it was delisted from the New York Stock Exchange last year. "C...
11/6/20178 min read
Tencent Invests in Polish Game Developer Bloober Team
With this deal, the Chinese internet giant replaces Polish investment firm Rockbridge TFI to become the gaming company's largest shareholder.
10/9/20213 min read
CATL Vice Chairman: EV Penetration Rate to Exceed Expections in 2025
During an event held this week regarding Chinese-European cooperation, Li Ping, the vice chairman of leading battery firm CATL, said: "The penetration rate of pure EVs will far exceed current assumptions by 2025."
Huya 2024Q4 and Full Year Earnings Analysis: Adjusted Net Income More Than Doubled in 2024 with $400M 2025-2027 Dividend Plan
HUYA Inc., China's leading game streaming platform, reported Q4 and 2024 results Tuesday with adjusted net income up 125.6% to $36.8 million, positive operating cash flow of 94 million yuan, and announced a minimum $400 million dividend plan for 2025-2027.
DeepSeek Server Strained, Multiple Computing Power Stocks Hit Limit Up
DeepSeek server resources are tight, and multiple computing power stocks such as Inspur Information have hit the limit up.
Samsung and LG Suspend Operations in China Due to Coronavirus
According to foreign news reports, due to the new coronavirus epidemic, Samsung Electronics and LG Electronics decided to suspend some of their operations in China until February 9.
Ride-Hailing Giant Didi Chuxing To Launch C2C Car Rental Service
According to Jiemian, Chinese Ride-Hailing Giant Didi Chuxing (Didi) will launch its new C2C car rental service based on its newly built Delivery Centers.
3/25/20202 min read
Alibaba Introduces Top AI Scientists to Accelerate AI To C Layout
According to industry insiders, a top global AI scientist has recently joined Alibaba. Subsequently, they may focus on the research and application of large basic models for AI To C business.