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Chinese mobile content platform Qutoutiao (lit. fun headlines) reported revenue of 1.41 billion yuan, up 26.2% from the previous year in its Q1 2020 earnings report released on Thursday.
TikTok and Douyin owner Bytedance's valuation has risen more than 33% from around two years ago to more than $100 billion.
US President Joe Biden plans to amend a Trump-era restriction on investments in companies found to be affiliated with China's military after the former administration’s policy confronted legal challenges, Bloomberg reported.
iQIYI Sports, a video streaming platform owned by Beijing-based tech giant Baidu, announced on Thursday that it has won the rights to broadcast Italian Serie A football competitions.
As dietary trends progress in China, consumers seeking to reduce their personal meat intake have more and more places to turn.
China's total box office revenue reached 20.42 billion yuan ($3.16 billion) in 2020, making it the largest movie market in the world for the first time.
The cumulative sales of Li Auto’s sole model, the Li ONE, from January to July 2020 reached 12,182 units, once again topping the list of China’s new energy medium and large SUVs.
Chinese budget smartphone brand Honor officially launched its V40 series on Friday, the company’s debut smartphone model following its separation from Huawei in November last year.
Japanese company The Pokémon Company (TPC) has established its Chinese subsidiary in the city of Shanghai, which is called Pokémon Shanghai Toy Limited Company according to Tianyancha.
In a statement issued on Wednesday, the Indian Ministry of Finance said it had sent three cause notices to Xiaomi Technology India Pvt. to recover 6.53 billion rupees ($88 million) in taxes from the company.
Baidu AI Cloud released an all-in-one enterprise-level large-scale model platform called "Wenxin Qianfan", which will provide customers with language model services.
Many local authorities in China have successively issued new pandemic prevention measures in the last two days, reducing the frequency of nucleic acid testing and advocating for more antigen tests. This has triggered an increase in demand among Chinese consumers for antigen test kits, and resources are now in short supply.