Huawei has recently released information on the P20 series to be launched in Paris, France on March 27. The P20 is similar in design to Apple’s iPhone X. The P20 Plus includes a notch on the screen, fingerprint identification, and Android 8.1 operating system.
During the Spring Festival, Meituan Takeout maintained normal operations and allowed customers to make reservations for Chinese New Year’s Eve dinner.
JD Group announced that it has raised $2.5 billion by selling stake in JD Logistics. After the transaction completes, JD Group will hold 81.4 percent of JD Logistics equity.
Baidu has released their Q4 2017 financial report and unaudited 2017 annual financial report. In Q4, Baidu earned RMB 23.6 billion ($3.62 billion), up 29 percent year-over-year.
Several Xiaomi smartphones have been recently leaked. Of them all, the MIX 2S has attracted the most attention with its flagship performance and novel design. Sources say that Xiaomi will unveil the MIX 2S at the 2018 Mobile World Congress in Barcelona later this month.
Baidu released their Q4 2017 and full year 2017 financial reports today. According to the reports, iQIYI had applied for listing to the U.S. Securities and Exchange Commission, and Baidu will remain iQIYI’s top shareholder post-listing.
Financial Times reported that Ant Financial is planning to raise $5 billion in a new funding round.
On February 12, Didi released data from the first 10 days of this year’s Spring Festival (February 1 to February 10). According to the data, 7.58 million people returned home via the ridesharing service.
Alibaba Chairman Jack Ma spoke at the Winter Olympics in South Korea on February 10. Over the last four days, Jack Ma traveled twice between South Korea and China to meet with IOC President Thomas Bach. Ma spoke at the First Global Cross-border E-Commerce Conference, offering insights into cloud computing and cross-border e-commerce.
Chairman and CEO of Lenovo Group Yang Yuanqing delivered the opening speech at the 2018 Spring Festival Gala, stating that 2017 was a key year for Lenovo’s intelligence-based growth.