Kingsoft Office Increases Investment in AI
On March 21st, Kingsoft Office officially released its 2022 financial report. It achieved an operating income of 3.885 billion yuan (about $ 0.56 billion), a year-on-year increase of 18.44%.
Category: News
Showing 12 of 656 posts in this category
ATRenew Achieves Record Revenue and Profit in 2024 as Trade-in Momentum Accelerates
ATRenew, a leading Chinese platform for pre-owned consumer electronics trading and recycling, announced robust financial results for the fourth quarter and full year of 2024 on March 11, highlighting strong revenue growth and profitability driven by accelerating trade-in services and diversified product offerings.
Shenzhou-12 Crews Successfully Performs First Space Walk Mission
On July 4th, after about 7 hours, Shenzhou-12 taikonauts worked closely together and successfully completed all the scheduled tasks during their extravehicular activities.
7/5/20214 min read
Alibaba's Taobao and Alipay Cancel Advertisements Displayed While Starting the App
A range of online service providers under Alibaba Group have canceled the advertisements that usually appear when users open the apps.
7/12/20212 min read
SMEC Establishes Subsidiary "ChipLink Power", with Investment from 5 Prominent New Energy Firms
On August 30th, SMEC announced its plan to establish a holding subsidiary and engage in related transactions.
8/31/20233 min read
Moonshot AI's "Kimi" Experiences Temporary Crash Due to Traffic Surge
Despite Kimi's current success, a securities analyst warned that its relatively low technical threshold could lead to intense competition in the future.
3/22/20243 min read
SUNWODA Invests $274 million to Establish An Battery Factory in Hungary
On July 27th, Chinese battery manufacturer SUNWODA announced today that the company plans to establish an electric vehicle power battery factory in Hungary, with an initial investment of up to ¥1.96 billion ($274 million).
7/27/20231 min read
Founder of China's Largest Food Company in Critical Care
It is reported that Zong Qinghou's health had been deteriorating before the Chinese New Year due to lung cancer, leading to his admission to the hospital.
Bill Gates Arrives in Beijing, Advocates Global Cooperation
Microsoft co-founder Bill Gates announced his arrival in Beijing on Twitter on June 14 at 21:48, marking his first visit to China since 2019.
6/15/20233 min read
Huawei Partners with Meituan to Develop HarmonyOS Native Applications
On Monday, Huawei announced a comprehensive collaboration with Meituan using HarmonyOS. Huawei will fully back Meituan in launching the development of native applications for HarmonyOS.
Jack Ma Praises Alibaba's Reform and Innovation Journey in Internal Letter
Despite facing skepticism and pressures both internally and externally, Jack Ma underscored that the journey of reform and innovation is often met with resistance rather than applause.
Tencent Music's Q2: User Growth and Entertainment Decline
Tencent Music Entertainment Group experiences a mix of joy and worry in Q2, with paid users reaching 99.4 million but social entertainment declining significantly.
8/16/20237 min read