Alibaba Releases Free Font for Its Ecosystem
Chinese e-commerce giant Alibaba releases “Alibaba Sans” typeface and grants all members in its ecosystem free access to the font.
Category: Industry
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Tencent's Q3 Revenue Increases by 13% Year-on-Year
Chinese telecom giant Tencent released its third quarter financial report on Wednesday, showing that its revenue in the third quarter was 142.368 billion yuan ($22 billion), a year-on-year increase of 13%.
11/10/20213 min read
Chinese VC firm Source Code Capital Raises $1 Billion
Chinese venture capital (VC) firm Source Code Capital, which has backed some of the country’s biggest tech firms and unicorns, announced on Tuesday it has raised a total of $1 billion in fresh funds.
4/6/20212 min read
iQIYI Denies Baidu Intends to Sell Shares
News emerged on Tuesday that Baidu is negotiating with potential acquirers to sell its 53% stake in iQIYI, attracting interest from buyers including Hong Kong private equity firm PAG and China Mobile. iQIYI responded that this news is untrue.
6/15/20222 min read
Alibaba Investment, China Literature and Hive Box Fined RMB 1.5M for Anti-Monopoly Violation
On Dec. 14, Alibaba Investment, China Literature, and Hive Box were fined an overall 1.5 million yuan for violating the anti-monopoly law, according to a notice from the State Administration for Market Regulation.
12/14/20202 min read
Tencent Releases New-Generation Quadruped Robot
A new-generation four-legged robot developed by Tencent’s Robotics X Lab was released on August 8. Named Max, the new robot shows good maneuverability and can move accurately on complex terrain.
ByteDance's Toutiao Launches Information App
Toutiao, which belongs to Beijing-based tech giant ByteDance, has recently launched an app called "Toutiao Haowai," which can recommend high-quality content to users, and its target is young consumers.
Cainiao Builds Largest Unmanned Warehouse in Southeast Asia
Alibaba-backed Chinese logistics company Cainiao has built the largest automated warehousing system in Southeast Asia for Flash Express, a leading logistics and express company based in Thailand.
Qualcomm’s New Snapdragon 888 Processor to Power the Next Generation of Android Smartphones
Qualcomm presented its brand-new Snapdragon 888 processor at its Snapdragon Tech Summit. The new chipset will power the next generation of android flagship devices, including Oppo’s Find X series, Realme Race and Xiaomi’s Mi 11.
Tencent Music Entertainment Group Releases Financial Results for 2020 Q3, Reflecting Dynamic Growth
Tencent Music Entertainment Group (TME) on Nov. 10 released its unaudited financial results for the third quarter ended Sep. 30, 2020.
Huawei Reaches Cellular IoT Licensing Agreement With Nordic
Chinese technology giant Huawei recently announced a patent license agreement with Nordic.
Two Smartphone Design Patents Leak for Auto Giant Geely
Hubei Xingji Times Technology Co., Ltd., which is affiliated with domestic auto giant Geely, has recently obtained authorization for two smartphone design patents.
4/27/20222 min read