Kuaishou Q1 Revenue Rose 24% to 21.1 Billion Yuan
Kuaishou Technology, China's leading content community and social platform, released its financial report for the first quarter of this year.
Category: Industry
Showing 12 of 6361 posts in this category
Chang'e 4 Makes Historical Landing on Far Side of Moon
China has inaugurated a new chapter in mankind’s lunar exploration history this morning.
1/3/20193 min read
Lightspeed China Partners Completes Fundraising of $920 Million
Lightspeed China Partners announced on its official website that it had completed fundraising totaling $920 million, with a total fund size under management reaching $3 billion.
11/30/20212 min read
Xiaomi Announces New Round of Organizational Restructuring
Xiaomi announced a new round of organizational restructuring, involving the group's executives, smartphone department, China region and Internet business department.
11/26/20212 min read
Best Inc. to Sell Courier Division to Help Reduce Debt
Best Inc. plans to raise funds and reduce debts by selling a courier subsidiary. The company is negotiating with a financial adviser on a possible divestment and may seek to value the business at up to $1 billion.
9/24/20213 min read
Universal Beijing Resort Announces Ticket Prices, Lowest Price is 418 Yuan
Universal Beijing Resort (UBR) started its 20-day trial operation on Wednesday, and announced the ticket prices for the theme park. Tickets will officially go on sale from September 14.
9/2/20212 min read
Chinese Central Bank Official Calls for Greater International Oversight of Digital Currencies
An official at the People’s Bank of China (PBOC), China’s top monetary authority, has called for more robust international management of state-backed digital currencies.
3/29/20213 min read
Xiaoice Launches "GPT Clone Program"
On May 16th, Xiaoice announced the launch of the "GPT Clone Program". The first batch will recruit 300 people and create their own digital life based on the 3-5 minute videos and personal social network data they provide.
5/16/20232 min read
HUAWEI Launches IdeaHub Board for Android, to Work with HarmonyOS and Windows
Chinese tech giant Huawei launched on Wednesday, IdeaHub Board, a new product meant as a collaboration whiteboard for smart office and education.
Temu's Advertisement Appeares in the Super Bowl, Costing $230,000 Per Second
Temu has invested heavily to broadcast advertisements during the Super Bowl and provide millions of dollars' worth of giveaways, hoping to continue driving its sales growth in the US.
2/14/20245 min read
Ant Group Plans Concurrent IPOs on Shanghai’s STAR Market, Hong Kong Exchange
Ant Group monday announced that it has kicked off a concurrent initial public offering process on the Shanghai Stock Exchange’s STAR board and The Stock Exchange of Hong Kong.
7/20/20202 min read
JD.com's First Fully Automated Robot Restaurant Now Open in Tianjin
JD.com opened its first fully automated robotics restaurant named “XCafe” on Nov. 10 at the Sino-Singapore Tianjin Eco-city, an emerging environmentally friendl...