Kevin Mayer Resigned as TikTok Global Chief, Venessa Pappas to be Interim Head
On Aug. 27, at 12: 14 PM, Beijing local time, Kevin Mayer sent out an all-staff internal letter and announced to resign as global COO of ByteDance.
8/27/20206 min read
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Chinese E-Commerce Businesses Turn to Other Platforms in Wake of Amazon Ban
Many Chinese cross-border e-commerce companies are planning to reduce their reliance on Amazon in anticipation of increasingly stringent regulations, according to the Shenzhen Cross-Border E-Commerce Association.
8/12/20212 min read
Tesla’s Shanghai Gigafactory Up and Running for Production
Electric car maker Tesla’s landmark gigafactory in Shanghai has officially received the required power supply for preliminary production from the State Grid Corp of China.
10/18/20192 min read
Vivo's First Foldable Smartphone to Be Released Next Month
The first folding screen flagship smartphone from Chinese brand Vivo, named the "X Fold," will be released next month with an internal code name of "Butterfly."
Tencent CEO: The business opportunities using AI to process big data
Tencent, China's largest technology company, has recently invested heavily in offline retail. Pony Ma, chairman of Tencent's board of directors, addressed the ...
Alibaba Debuts First Logistics Robot For More Efficient Last-Mile Delivery
Alibaba Group Holding Ltd. Thursday unveiled its first logistics robot Xiaomanlv for more efficient last-mile delivery.
9/18/20203 min read
OnePlus 10R Prime Blue Edition Smartphone Launched in India, Priced at $407
On September 22, the local division of Chinese smartphone brand OnePlus announced that the OnePlus 10R Prime Blue Edition smartphone has debuted in India.
9/23/20222 min read
Meituan Reports $28.2B Revenue and $2.45B Net Loss in 2021
Chinese food delivery giant Meituan announced on Friday its audited consolidated results for the year ended December 31, 2021.
3/25/20224 min read
Chinese Home Appliances Giant Midea to Mass Produce Parts for New Energy Vehicles
Midea Group has announced its foray into the new energy vehicle (NEV) market with plans to produce a range of components and control systems for cars.
5/21/20213 min read
Smart AR Glasses Brand INMO Completes Pre-A Round of Financing, Led by Matrix Partners
INMO Technology, an AR smart glasses brand, has recently completed the pre-A round of financing worth several million yuan. This round of financing was led by Matrix Partners.
11/24/20213 min read
DJI Responds to Falsely Interpreted Report about Layoffs
DJI’s Public Relations Director Xie Tiandi relies to a falsely interpreted report about the company's layoff figure.
Beike Founder Zuo Hui Passes Due to Unknown Illness
KE Holdings Inc. announced that founder Zuo Hui passed away on May 20, 2021 due to something described by the company’s press team as “an unexpected worsening of illness.” The exact illness was not specified.