Bytedance is Looking for New CEO for its TikTok Business
On January 23, Bloomberg reported that ByteDance was looking for a new CEO for its TikTok business. As of time of reporting, a spokesperson from TikTok refused to comment.
1/23/20202 min read
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Apple Regains Top Spot in Q4 Chinese Smartphone Market, Hitting Record 22% Share
Driven by the iPhone 13's stellar performance, Apple regained its throne in the Chinese smartphone market during the fourth quarter of 2021, with a market share reaching 22%, according to a report by Strategy Analytics.
1/30/20222 min read
Tencent Esports Unveils First Franchising Partner List: Kappa, Razer, ASUS, SKG, and Tim Hortons
During the Tencent Global Esports Summit this week, Tencent Esports announced the company’s first batch of franchising partners.
8/26/20202 min read
Alibaba Group and Tencent Announce March Quarter 2019 Financial Results
On May 15th, Alibaba Group announced their financial results for the quarter and fiscal year that ended in March 31, 2019. Their announcement coincided with that of Tencent, who also launched the financial results for the first quarter 2019.
Leading Chinese Battery Firm CATL Denies "Malicious" Rumors
A series of rumors regarding Chinese battery firm Contemporary Amperex Technology, Co., Ltd. (CATL) have recently surfaced on digital media platforms, causing a 17% drop in the firm's stock price last week.
2/14/20222 min read
Meituan Launches Drone Delivery Service in Beijing with First Route at the Great Wall
On August 16, Meituan Drones launched its first regular drone delivery route at the Badaling Great Wall in Beijing. This service caters to tourists near the landing site, offering essential items and emergency aid.
Well-known Quantum Technology Scientist Yaoyun Shi Joined Alibaba
Yaoyun Shi, a world-renowned quantum computing scientist, tenured professor of the University of Michigan and winner of Career Award, National Science Foundatio...
Tencent CEO Pony Ma Raised Question on Basic Sciences on the Quora-like Zhihu
What are the breakthroughs in basic sciences that will make huge influences to the internet tech industry? What kind of changes would be brought by the fusion ...
China's Second-Tier EV Makers Rush to List in Blooming Market
After public listings by XPeng, NIO and Li Auto in China and overseas, the second echelon of the country's electric vehicle industry, including firms such as Leapmotor, WM Motor, and Aiways, is embarking on a new round of IPOs in a bid to secure more funding.
9/29/20223 min read
OPPO Find X Lamborghini Edition Available for Preorder, priced at 9999 yuan
Users can now preorder the Lamborghini edition of the OPPO Find X flagship phone starting August 2 afternoon, and it will be officially up for sale on August 10...
8/2/20182 min read
SAIC Mobility Valued at $1B After Round-B Financing
SAIC Mobility, a strategic brand of mobile travel under Chinese automotive giant SAIC, announced on August 15 that it has completed round-B financing totaling over 1 billion yuan ($14.7 million), with investment by SAIC, Momenta and other institutions.
8/16/20222 min read
JD.com Stock Jumps In $3.87 Billion Hong Kong Secondary Listing, Coincides Company’s Flagship Sales Event
Chinese online retailer JD.com (9618.HK) Thursday made its secondary listing in Hong Kong with shares jumping 5.7% at the open of its first day of trading.