Snapshots of China’s Internet Sector in 2021
In December, people's social media was flooded with two explosive pieces of news: the massive layoffs within China’s Big Tech and the improvement of employees’ welfare.
12/20/20216 min read
Category: Industry
Showing 12 of 6422 posts in this category
BOE to Supply 18 Million OLED Screens to Apple
Analysts at UBI Research pointed out in the latest report that BOE, the leading screen manufacturer in China, is expected to supply 18 million OLED screens to Apple this year.
11/24/20212 min read
Freshippo's "Global Go" Business Undergoes Comprehensive Upgrade
On November 6th, Freshippo announced at the Import Expo that its "Global Go" business will be fully upgraded.
11/7/20233 min read
Trip.com Group Opens 4.85% Higher on Hong Kong Trading Debut as China Anticipates Robust Rebound in Tourism
Shares of Chinese online travel company Trip.com Group climbed on the first day of trading in Hong Kong on Monday as the country looks forward to a strong recovery in travel during the upcoming Labor Day holiday.
4/19/20213 min read
Electric Motorcycle Industry Gains Momentum as Covid-19 Reshapes People’s Thinking About Green Travel
The coronavirus outbreak this year has restricted, stagnated, and destructed various industries, but some remain unscathed and have even gained momentum.
NetEase Adds Grace Tang as New Independent Director
Hangzhou-based internet company NetEase announced a new independent director and changes to the board committee on Thursday. It also released its 2021 ESG Report.
7/1/20223 min read
Tencent Announces 50 Billion Yuan Investment in Sustainable Innovation
In a letter to employees on Monday, Tencent’s CEO Pony Ma announced that the company would invest 50 billion yuan ($7.67 billion) in areas including “basic science, education innovation, rural revitalization,” and more.
4/21/20212 min read
NVIDIA Denies Supply Cut to Chinese Market
NVIDIA China denies the untrue rumors of cutting off supply to the Chinese market, and reiterates that China is an important market.
Tencent Awards Shares Worth HK$166,000 to Over 20,000 Employees
Tencent Holdings Ltd. announced on Friday at the Hong Kong Stock Exchange (HKEx) that it would grant a total of 8,004,807 award shares to at least 22,800 staff members.
1/24/20222 min read
Global Drone Leader DJI Announces “Government Edition”
DJI, the global leader in drone technology, announced the release of its DJI Government Edition which is complete with the most secure and stringent security measures to protect drone data.
Hello Inc. Completes 300 Million Carpooling Orders in Three Years
Chinese bike-sharing company Hello Inc. announced on Wednesday that since it piloted carpooling services in six cities including Hangzhou and Chengdu in January 2019, it has completed 300 million individual carpooling orders.
1/13/20222 min read
Taobao to Launch A Special Channel, Focusing on Cost-Effectiveness
Taobao, the e-commerce platform owned by Alibaba, has introduced a dedicated sales channel on its homepage for select users. This new channel is prominently displayed alongside Taobao Live in the most visible position on the homepage.
4/4/20232 min read