What Can We Learn From China’s New Media Village?
Perhaps they made money with their viral yet meaningless content, but did they really contribute anything to the content market in China? How would you p...
9/9/20185 min read
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China’s Regulators Summon Jack Ma Over $37B Ant IPO
Jack Ma, founder of China’s fintech giant Ant Group, and two other executives were summoned on Monday by China’s top financial regulators for talks.
11/3/20203 min read
Douyin's Food Delivery Service Begins to Take Shape
More details have emerged about “Xindong Waimai,” an on-demand food delivery service currently being developed by Douyin owned and operated by Beijing-based tech firm Bytedance.
8/11/20213 min read
Hesai Technology Raises D Round of Financing Exceeding $370 Million, Investors Include Xiaomi
3D-sensors (LiDAR) manufacturer Hesai Technology announced that it has received additional financing of $70 million from Hubei Xiaomi Changjiang Industrial Investment Fund Management.
11/16/20212 min read
Qudian to Cut Investment in Pre-Cooked Dishes Business
After announcing its high-profile entry into the field of pre-cooked dishes in March, consumer-oriented Chinese technology company Qudian announced on September 6 that it would cut back investment in the project.
9/7/20223 min read
Travel Industry Faces Pressure Due to the Coronavirus Outbreak
The COVID-19 a disastrous time for travel-related businesses, as well as all the other service-related industries. Non-essential travel plans have been mostly canceled, all travel platforms are experiencing huge losses due to trip cancelations.
Great Wall Motors' Focus on Foreign Expansion Shifts from India to Brazil
Chinese automobile manufacturer Great Wall Motors is reportedly planning to shift portions of its $1 billion investment in India to Brazil, according to three sources cited by Reuters in a recent report.
8/12/20213 min read
Starbucks Partners With Sequoia Capital: Digital Transformation Fuels Growth
Xingran (Shanghai) Investment Partnership (Limited Partnership) was formed by the strategic collaboration between Starbucks China and Sequoia Capital China on Sept. 8, 2020.
9/17/20202 min read
OnePlus and Google Release Crackables, a Series of Crypto-Challenge Games
On Monday Sept. 17, OnePlus and Google co-released a limited-time puzzle game competition named “Crackables”. The winner will receive a grand prize worth a whop...
Silicon Valley No Longer Land of Tech Dreams: Young Elites Return to China.
It's been a year since Donald Trump became the US President. Technology companies in Silicon Valley are still struggling against Washington’s “ban on talent" an...
1/23/20186 min read
Xiaomi to Launch ARCore with Google in China
Last night, Xiaomi announced on its Weibo account that it partnered with Google to manufacturer one of the first mobile phones with Google ARcore functionality....
An Accessory Company Sued Apple and Suspect its MFi Certification is "Monopoly"
The war between Apple and "monopoly" has not ended. For increasing companies, this giant company has affected their growth prospects, and thus they walk on the ...