Xiaomi May Be Discussing IPO, Estimated Value $50B
Citing an insider, Bloomberg reported that Xiaomi is discussing its potential IPO with an investment bank and expecting a US $50 billion valuation. The insid...
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Games Land in WeChat Mini Programs After Being Shot Down a Year Ago
When Allen Zhang, father of WeChat, sat down to explain WeChat's new Mini Programs on December 28, 2016, the question every developer wanted to know was whether...
Xiaomi-backed BlackShark Gaming Phone Released at $478
On April 13th afternoon, the Xiaomi-backed Black Shark Technology company officially released its first flagship high-end gaming phone named BlackShark in China...
4/14/20182 min read
Chinese Esports Organization FunPlus Phoenix Establishes CS:GO Division
Chinese Esports organization FunPlus Pheonix (FPX) has entered the Counter-Strike Global Offensive (CS:GO) Esports scene by acquiring the majority of players from Danish team Heroic.
Beike Advances Green Transformation with Sustainable Store Network
Beike integrates sustainability into its operations through green stores, digital innovations, and community advocacy, driving environmental progress in China's residential industry.
Tesla begins deliveries of China-made Model Y SUV
Tesla said it delivered its first batch of Shanghai-made Model Y vehicles to customers in China on Monday, marking another milestone for the U.S. electric vehicle maker in the world’s largest EV market.
Former President of Alibaba-backed Umeng+ Joins Starbucks China as CTO
Jasper Luo, former president of Umeng+, an Alibaba-backed startup providing mobile app analytics solutions for mobile development teams and individual developers, reportedly joined Starbucks China earlier this year as CTO.
11/28/20223 min read
BYD Partners with DiDi's Brazilian Ride-hailing Platform 99
On July 7th, BYD's official Weibo account announced that BYD's Brazilian subsidiary has recently partnered with 99, a Brazilian ride-hailing platform under Didi.
Tencent and Kuaishou in Talks to Start Joint Venture
Chinese tech giant Tencent and short video platform Kuaishou are negotiating about how the two are going to collaborate.
9/9/20192 min read
PayPal to Enter China’s Online Payment Market
Following U.S. digital money transfer platform PayPal’s acquisition of Chinese licensed payment company GoPay in 2019, PayPal made another move to hold the full equity of GoPay today.
1/12/20212 min read
DJI Responds to Rumors of Being Fined $6 Billion
Regarding the rumor circulating on the internet that the penalty amount for DJI's alleged patent infringement in the United States has been increased to $6 billion US dollars, DJI stated that this is a false rumor.
TikTok's Sister App Douyin Releases Report on 'Pan-Knowledge' Content
TikTok's sister app Douyin released a report today, indicating that the broadcast volume of pan-knowledge content has accounted for 20% of the total broadcast volume of the platform.
10/13/20212 min read