Bytedance Valuation in Private Markets Exceeds $100 Billion
TikTok and Douyin owner Bytedance's valuation has risen more than 33% from around two years ago to more than $100 billion.
5/21/20203 min read
Category: Industry
Showing 12 of 6372 posts in this category
Biden to Revamp Trump’s Investment Ban Targeting Chinese Companies with Alleged Military Ties, Report Says
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.
6/3/20213 min read
iQIYI Sports Lands Streaming Rights for Italian Serie A
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.
5/19/20222 min read
Pork Dumplings and Beef Noodles, Sans Meat? Chinese Entrepreneurs Rise to the Challenge
As dietary trends progress in China, consumers seeking to reduce their personal meat intake have more and more places to turn.
12/10/20217 min read
China Tops North America as World's Largest Movie Market Amid Pandemic
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.
1/7/20213 min read
Chinese EV Maker Li Auto’s Sales Rank First among Domestic New Energy SUVs in 2020
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.
Honor V40 with 50MP Camera, MediaTek Chip Sells Out within Minutes after Launch
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.
The Pokémon Company Establishes Shanghai Subsidiary, Pokémon Shanghai Toy
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.
Indian Ministry of Finance Claims $88 Million in Tax Recovery From Xiaomi
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.
1/6/20222 min read
Baidu AI Cloud Releases "Wenxin Qianfan" Large-Scale Model Platform
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.
3/27/20233 min read
Some Chinese Cities Face Shortage of COVID-19 Antigen Test Kits
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.
Xiaomi to Discontinue Blockchain Pet Cryptorabbit on March 1
The Cryptorabbit is a blockchain product launched by Chinese electronics giant Xiaomi in 2018.
1/14/20222 min read