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Alibaba Group recently announced "Ten Actions to Help Common Prosperity", in which the company will invest a total of 100 billion yuan before 2025 to help China reach Common Prosperity.
Since the beginning of the year, many Chinese internet giants such as ByteDance, Meituan and JD.com have launched new part-time job platforms in an attempt to further reduce their operating costs.
The Chinese government announced on Monday that it has launched an anti-monopoly investigation into food delivery giant Meituan, stepping up its campaign aimed at reining in the power of the country’s big tech groups.
A Wednesday report released by Canalys showed that cloud infrastructure services expenditures in the Mainland of China grew 21% year on year to reach $7.3 billion in Q1 2022, or about 13% of global cloud infrastructure spending.
Geely Group's smartphone company is in contact with Meizu, a Chinese smartphone manufacturer, for acquisition. As the transaction has not yet been finalized, the price of the deal has not determined.
Chinese e-commerce giant JD.com has reportedly closed its sites in Thailand and Indonesia. In response to a request for comment by Pandaily, the company's spokesperson said that it will continue to serve global markets, including Southeast Asia, through its supply chain infrastructure.
China’s video streaming platform iQIYI held the Shout out for Love Gala 2021 on Jan. 15, becoming the first platform in the industry to use multi-screen interactive livestreaming.
Chinese consumer electronics giant Xiaomi issued a letter to all employees on December 30, announcing that Cui Baoqiu, the former vice president of the group and general manager of the Learning and Development Department, has left for personal reasons.
Douyin has recently added a lifestyle sharing function with pictures and text, in addition to its live-streaming and short video sharing, so as to create a broader business ecosystem of live-streaming, short video sharing and photo posts.
Major Chinese e-commerce platform Meituan has recently launched a product called "Meituan Livestreaming Assistant," a free tool intended for online merchants and internet influencers.
Recently, the CTTL Terminal Laboratory of China Academy of Information and Communications Technology (CAICT) gave Beidou mobile certificate to two of Meituan's intelligent two-wheeled vehicles.
The more you try to do, the more enemies you’ll make. Meituan Dianping has learned this lesson through experience. In its early days, the company organized dis...