
Report: ByteDance Did Not Lose $84.9B in 2021 as Claimed
TikTok parent company ByteDance reportedly achieved revenue of $61.7 billion in 2021, an increase of 80% year-on-year. Meanwhile, net losses reached an astonishing $84.9 billion.
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TikTok parent company ByteDance reportedly achieved revenue of $61.7 billion in 2021, an increase of 80% year-on-year. Meanwhile, net losses reached an astonishing $84.9 billion.

Xiaomi announced the launch of its IoT Developer Program and opened it on the morning of November 28. At the same time, Xiaomi reach cooperation with Baidu, and...

Cheetah Mobile Inc. released on July 19 its brand-new AI interpretation device Cheetah Translator with long standby time. [caption id="attachment_9585" align="...

Tencent's Q2 financial report shows the total usage time of WeChat Video Channels, a content recording and creation sub-platform, exceeded 80% of total usage time of WeChat Moments, a social network feature within the app.

Huawei captured the second position in the Chinese smartphone market with a sales market share of 17% during W36.

Recently, the company owned by Jack Ma, 1.8 Meters Food Technology (Zhejiang) Co., Ltd., obtained an administrative license for the sale of health food.

ATRenew has seen robust growth rates over the past year, both in terms of revenue and GMV performance, coupled with a reduced operating loss ratio compared with 2020.

In 2017, China’s research funding was the second largest in the world, the number of Chinese researchers was the highest, and the number of patent applications ...

A Chinese-made TV show adapted from "The Three Body Problem," a popular sci-fi novel series that won its author Liu Cixin a Hugo Award, is about to usher in the finale. The Three-Body Universe, the copyright owner of the adaptation of the book, will develop a new film version.

Dingdong Maicai, a leading fresh food e-commerce platform in China, showed that the sales volume of high-end ready-made meals on the platform increased over 3 times year-on-year during the Spring Festival.

On Jan. 22, China’s leading ride-hailing service Didi Chuxing (DiDi) launched a Global Vaccination Support Fund, supporting COVID-19 vaccination efforts across DiDi’s global communities.

Invictus Gaming (IG) has become the first Chinese team to win the League of Legends World Championship, taking a clean 3-0 sweep over European team Fnatic durin...