Having faked its revenue numbers, Luckin became a laughing stock of a unicorn, with analysts on both sides of the pond contemplating over what outcomes this situation will have on a larger scale for Chinese businesses abroad.
As short video apps and game livestreaming platforms are all jumping on the Chinese commercial livestreaming bandwagon, some of them are looking to appeal to a different demographic.
Discussions over iQIYI’s next ten years resurfaced as it faced its tenth anniversary on April 22. With a host of challenges ahead, iQIYI, which is now so much more than a video provider, still strives to sell its “Online Disney” story to both investors and users.
Chinese brands Xiaomi, vivo, Realme and OPPO accounted for 73% of India’s market in terms of shipments in Q1 2020. Here are some of the Chinese titles performing well in the Indian market.
Several interesting news surfaced last week, with China’s VC industry getting back on its feet.
If Luckin is not the “Starbucks of China”, the question arises as to who is or has the potential to be?
With the development of China’s idol-fostering industry, more well-trained and highly-skilled contenders are entering show business.
ByteDance officially released the beta version of an online search website Baike.com, ramping up efforts to challenge search engine giant Baidu.
37 Interactive Entertainment reported a steady increase in revenues and surging profits in the first quarter of 2020 as the company pivots more to markets outside China.
Elon Musk confirmed in an earnings call Wednesday that Tesla will cut the price of the Model 3 in China to meet the new eligibility for subsidies.
Chinese electric vehicle startup NIO has secured a $1 billion financial lifeline from several state-owned investors led by Hefei City Construction and Investing Holding.
Mobile games created by Chinese developers continued gaining ground in the US market in the first quarter of 2020, with 19 titles making it to the top 100 highest-grossing list.
Li, together with four other people, broke into Dangdang’s corporate office and stole 47 company seals as a sign to take back control of the company.
Inceptio Technology announced that it has completed $100 million in equity financing.