Bilibili to IPO in US for $400M, 83 Percent of Revenue From Games
On March 2, Bilibili submitted an IPO application (FORM F-1) to the U.S. Securities and Exchange Commission (SEC). Bilibili plans to list in the U.S. under the ...
Category: Industry
Showing 12 of 6361 posts in this category
Trip.com Group Launches “Hybrid” Working Test - A Mix of Remote and In-Office Work
Chinese online travel agency Trip.com Group on Monday launched its own “hybrid” working test, consisting of a mix of remote and in-office work, and will involve two control groups and several hundred employees.
8/9/20212 min read
Xiaomi's Second Auto Company Officially Registered With Capital of 1 Billion Yuan
Xiaomi Automobile Technology Co., Ltd. was established on Thursday with a registered capital of 1 billion yuan ($156.65 million), which is the second auto company registered by Xiaomi.
11/19/20212 min read
Workaround Solution For Google Play on Huawei Mate 30 Proven Successful
A YouTube video published on September 19 detailed the successful installation of Google Play on Huawei’s newly launched Mate 30 flagship, which is not licensed by Google for US blacklist restrictions.
9/23/20192 min read
Tencent to Sign Deal with Singapore's GIC
Tencent have turned to Singapore's state-owned investor GIC and other sovereign funds to help rescue the deal for increased equity of Universal Music Group (UMG), subsidiary of French media conglomerate Vivendi.
Stained by Fraud Scandal, Luckin Coffee Is Seeking a Path Out
The fraud scandal hasn’t knocked Luckin out of the ring: today, it remains China's second-largest coffee chain. How did Luckin survive the turmoil?
7/15/20218 min read
China Dominates Tech IPOs on the U.S. Market in 2018
Throughout the first three quarters of 2018, Chinese tech companies far outnumbered U.S. companies in filing for IPOs on U.S. stock exchanges, according to an I...
Xiaomi President Wang Xiang: Average Smartphone Price to Rise
Wang Xiang, President of Xiaomi, said that the company would add more high-end technologies to smartphones and will strive to make quality mid-to-high-end products.
5/20/20222 min read
China’s Meituan Refutes Claims that it Charges Subscribing Members Higher Delivery Fees
China’s largest food-delivery site Meituan has refuted claims that it took advantage of subscribing members by hiking up delivery fees, blaming it on issues with its real-time location system
Xiaomi Eco-Chain Opens 2017 Data: Sales Up 100%
Xiaomi eco-chain released its 2017 annual data on December 29, demonstrating sales in excess of 20 billion yuan – up 100 percent from 2016. SEE ALSO: Mi 7 Conc...
Luckin Shareholders Oust Chairman Charles Zhengyao Lu
Luckin Coffee Inc.’s shareholders voted to dismiss its chairman Charles Zhengyao Lu, days after the board of directors failed to do so.
7/6/20201 min read
China Leads the AI Industry with Second Most AI Enterprises
Railway stations in Beijing, Shanghai, Nanchang and other cities adopted facial recognition systems that identify each passenger in three seconds. Shenzhen Rail...