Alibaba Withdraws From Youku, Subsidiary Quan Toodou Takes Over
Youku Information Technology (Beijing) Co., Ltd. made a registration change with the Industrial and Commercial Administration.
Category: Industry
Showing 12 of 6375 posts in this category
Chinese Real Estate Firm KE Holdings Denies New Round of Layoffs
After a wave of personnel changes in October last year, Chinese real estate platform for housing transactions and services KE Holdings (Beike) has conducted another round of staff adjustments this month.
3/23/20223 min read
Automotive Giant Geely Reportedly Acquires Smartphone Firm Meizu
News emerged on Thursday that smartphone brand Meizu has been acquired by Chinese automotive giant Geely. Meizu officials have so far declined to comment on the reports.
5/6/20222 min read
China NFT Weekly: NFTs and the Music Industry
This week: Bytedance tests a metaverse-like social network, NetEase Cloud Music launches an AI-powered music production mini app, The Sandbox partners with Warner Music Group to create a virtual music venue, and more.
SF Intra-City's Hong Kong IPO Set at $2.11 Per Share, to Raise About $260 Million
Chinese logistics giant SF Holding’s intra-city delivery subsidiary SF Intra-City announced on the Hong Kong Stock Exchange (HKEx) that the offering price has been set at HK$16.42 ($2.11) per share.
12/13/20212 min read
US to Refrain from Declaring China a Currency Manipulator in Pending Report
China will not be formally labelled a currency manipulator by the US Treasury Department in their upcoming foreign exchange report, Bloomberg revealed Tuesday, citing people familiar with the matter.
4/14/20213 min read
Tencent's QQ Tests New Social Interaction Function for Close Friends
QQ, a 23-year-old social networking platform operated by Tencent, has been constantly transforming to fit shifting tech trends, and its content and social functions are getting closer to the preferences of young people.
2023 Hurun Global Unicorn List: ByteDance, Shein and Ant Group Among the Top
On April 18th, the Hurun Research Institute published the "2023 Global Unicorn List," which includes non-public companies founded after 2000 and valued at over $1 billion. The valuation calculation for this list was based on data from the end of 2022.
4/19/20233 min read
Belgium Government and Alibaba to Jointly Promote Global Trade Under eWTP Initiative
Liege, Belgium, December 5, 2018 – The Federal Government of Belgium and Alibaba Group Holding Limited announced today that the two will jointly promote inclusi...
Didi Chuxing and Huaxiaozhu Fined 1.41M Yuan Amid China’s Tightening Covid Prevention
Ride-hailing platforms Didi Chuxing and its standalone platform Huaxiaozhu were fined a total of about 1.4 million yuan for insufficiently implementing Covid-19 prevention measures and inadequately supervising their drivers’ behavior.
1/11/20212 min read
NetEase Cloud Music Reaches Strategic Cooperation on Licensing with Warner Chappell Music
NetEase Cloud Music has on Tuesday reached a strategic partnership with Warner Chappell Music on music licensing as well as online karaoke and music IP development.
5/12/20202 min read
DiDi Robotaxi Service Begins Operation in Shanghai
Didi began its Robotaxi service with on-board drivers and safety control center in case of emergency in designated areas in Shanghai.
6/28/20202 min read