
China Youzan Carries Out Mass Layoffs, VP Leaves
SaaS service provider China Youzan has launched its first round of layoffs this month. The first employees to be cut are product and technology R&D staff.
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SaaS service provider China Youzan has launched its first round of layoffs this month. The first employees to be cut are product and technology R&D staff.

In 2019, Huawei set up Shenzhen Hubble Technology Investment Partnership, an investment company which, to date, has invested in seven semiconductor companies that have gone on to be publicly listed.

According to enterprise information inquiry platform Qichacha, Chinese e-commerce giant Alibaba set up a wholly-owned subsidiary called "Yuanjing Shengsheng" on Monday.

Recently, the internet medical website Baike Mingyi, which was fully acquired and controlled by ByteDance, has ceased operations.

Huawei brought its Mate 10 Pro into the American market at CES. But under pressure from Washington, AT&T pulled out at the last minute and decided not to ca...

Bilibili announced on Wednesday that its board of directors approved a motion to pursue voluntary conversion to a dual-primary listing on the Main Board of the Hong Kong Stock Exchange (HKEx).

On Thursday, Alibaba International Station announced that it will ban the sale of e-cigarettes starting May 1, 2022.
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China's largest online retailer JD.com has rebranded its own group-buying app & WeChat mini-program as ‘Jingxi’ to target consumers in China’s lower-tier cities.

Huawei is reportedly planning to license its mobile smartphone design to some third-party brands as a result of U.S. sanctions.

With factory workers who once formed China’s economic backbone aging and their children shifting from traditional sectors to the booming Internet industry, policymakers have taken steps to address the change.

Huawei and Xiaomi, two Chinese technology giants, have recently become ensnared in a patent dispute. The two companies are actively negotiating a deal on patent licensing and it is industry practice to solve the licensing problem through mediation.

Ever since the coronavirus outbreak, multiple delivery platforms in China have now proceeded with contactless delivery services.