Canadian coffee brand Tim Hortons China has received an exclusive strategic investment of more than RMB 100 million from Chinese tech giant Tencent.
On May 7, Budweiser Asia Pacific announced its unaudited Q1 2020 financial results. The company’s revenue in Q1 fell by 39%, while its revenue in the Chinese market fell by as much as 45.4%.
The Shenzhen Stock Exchange has terminated the listing of Le.com, a company founded by the debt-ridden Jia Yueting.
Tesla plans to add 4,000 V2 and V3 Superchargers across China in 2020, China.org reported Thursday, quoting Tesla’s official statement.
Tech Planet reported Thursday that Alibaba has started an internal trial of its secretly-developed video blog (vlog) application "Cuyan".
On March 24, Indian Prime Minister Narendra Modi announced a 21-day lockdown to curb the spread of the COVID-19 epidemic that officially started on April 25.
Tencent Holdings reported on Wednesday a 26% year-on-year increase in its revenue for the first quarter of 2020 with its video games business generating more than a third of its revenue.
Tencent on Wednesday said that it would launch the mobile version of the PC "beat 'em up" action game Dungeon & Fighter in the Chinese market in summer 2020.
Baidu, Inc. today announced it will actively promote its livestreaming service in 2020 as a way to build its mobile ecosystem.
Tencent’s battle royale game PUBG Mobile recorded its best month yet in terms of overseas revenue, as lockdown orders continue to be enforced in many countries.
Chinese on-demand delivery and retail platform Dada Nexus today filed with the US Securities and Exchange Commission, aiming to be listed on the Nasdaq stock market with the code “DADA.”
Chinese e-commerce platform Pinduoduo rose 5.26% to a record high of $57.83, putting its latest market capitalization at $69.26 billion.
Chinese coffeehouse chain Luckin Coffee fired its CEO and COO amid an investigation into the company’s accounting scandal.
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.