Huawei and Electronics Retailer GOME Reach Strategic Cooperation
Beijing-based electronics retailer GOME Retail Holdings Limited and telecommunications giant Huawei on Tuesday reached a new strategic cooperation agreement.
5/13/20222 min read
Category: Industry
Showing 12 of 6361 posts in this category
Alibaba Posts Strong Gains in Quarterly Profit as China E-commerce Rebounds
Chinese e-commerce giant Alibaba Group Holding Ltd. Thursday announced its financial results for the quarter that ended on June 30, 2020.
8/20/20202 min read
China Edtech Startups Yuanfudao, Zuoyebang Raise Billions in Fresh Funding Rounds
Chinese online education platform Yuanfudao has raised $300 million in a new funding round, bringing the overall funding of the Beijing-based company to $3.5 billion this year.
12/28/20203 min read
Robot delivery a reality for the future
The future will be an era of robot deliveries and it will be unnecessary for couriers to work no matter rain or shine, according to Richard Liu, founder and CEO...
Huawei CEO Ren Zhengfei: Strong Education Foundation Will Shape China Into A Truly Prosperous Country
“I love this country [China], and I hope that it will be prosperous and no longer be bullied by others,” Huawei CEO Ren Zhengfei told his interviewer on Sunday.
5/27/20193 min read
People’s Bank of China ‘Close’ to Releasing Home-Grown Cryptocurrency
Mu Changchun, deputy director of the PBOC’s payments department, said at an event held by China Finance 40 Forum over the weekend that the bank’s own cryptocurrency is “close to being out.”
8/13/20192 min read
Employee of E-commerce Giant Dangdang Diagnosed with COVID-19
An employee of Dangdang was diagnosed with COVID-19, and all her close contacts in the company have been quarantined at home.
2/20/20202 min read
10 Things You Should Know About Kuaishou — TikTok Rival Zynn’s Parent Company
Kuaishou is one of China’s largest short video-sharing and livestreaming apps, which has also become a conspicuous power in China's e-commerce industry.
TikTok Rival Kuaishou's Business in China Turns Profitable in 2022
Kuaishou, a Chinese short video platform, reported a 16.2% increase in total revenue last year to reach 94.2 billion yuan ($13 billion), up from 81.1 billion yuan in 2021. The company also significantly reduced its adjusted net loss from 18.9 billion yuan in 2021 to just 5.8 billion yuan last year.
3/30/20233 min read
Infection Rate of COVID-19 Shows Downward Trend in China
A report from the Chinese Center for Disease Control and Prevention on January 15 showed that, based on optional nucleic acid testing data, positive cases across the country have showed a clear trend of increasing then decreasing since December 9 of last year.
Warren Buffett Shares his Thoughts on China's Development
On May 4, at the annual Berkshire Hathaway shareholders' meeting, Hathaway's head Warren Buffett was interviewed by Yahoo Finance.
5/5/20192 min read
China NFT Weekly: Will NFTs Be Regulated in China?
This week: PBoC anti-money laundering chief speaks out against NFTs and metaverse, China looks to set up digital asset bourse to push e-CNY and boost financial services in the capital.
12/2/20217 min read