ByteDance Cancelled the Release of VR Product PICO 5
ByteDance has cancelled the release of the next-generation VR headset PICO 5, and will instead launch an updated version of PICO 4 next year.
12/16/20232 min read
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Market Regulators Fine Online Tutoring Giants Zuoyebang and Yuanfudao for Misleading Consumers
The Beijing Municipal Bureau of Market Supervision and Administration on Monday imposed the maximum possible penalty on online education platforms Zuoyebang and Yuanfudao for unfair competition and misleading consumers.
5/11/20212 min read
Super-app Security Scandals: Meituan-Dianping and Wechat
Recently Meituan-Dianping and WeChat both came under fire for privacy and security related scandals. SEE ALSO: Baidu CEO: Chinese consumers favor efficiency at...
7/10/20182 min read
Kuaishou Live Shopping to Block Taobao and JD.com Product Links
The e-commerce unit of Chinese short video platform Kuaishou announced on Wednesday that product links with Taobao and JD.com will be excluded from some Kuaishou interfaces from 00:00 on March 1, 2022.
2/24/20222 min read
Ep. 73: KE Holdings: China’s second-largest platform?
In episode 73 of Tech Buzz China, co-hosts Rui Ma and Ying Lu return to the typical deep-dive format you’ve come to expect, with a timely look into recently listed real estate tech platform Beike 贝壳, or KE Holdings (BEKE).
9/16/202030 min read
China’s Tourism on the Rebound, Themed Tours Prosper
While the Coronavirus continues its rampage through the rest of the world, China has kept new Covid-19 cases at exceptionally low levels with sweeping measures since March.
Smart 3C Leasing Platform WOAIZUJI Completes A Round of Financing Worth Tens of Millions of Yuan
The smart 3C products leasing company, Shenzhen WOAIZUJI Technology Co., Ltd, announced that it had completed its Series A funding round worth tens of millions of yuan, led by Jinhua Ruichi Investment Management Co., Ltd.
HeyTea Sets Beverage Price Limit at $4.6
HeyTea, a beverage brand in China, announced on Thursday that it has completed product price adjustments started in January of this year.
2/24/20222 min read
Evergrande Group Invested $860 Million in Start-up Faraday Future, Now Largest Shareholder
Evergrande Group, a Shenzhen-based Chinese real estate giant, has acquired 100 percent shares of Season Smart Limited for HKD 6.746 billion($860 million), becom...
6/26/20183 min read
Meitu Launched AI Gift Money during Spring Festival and is Spreading Overseas Rapidly
During the Spring Festival, Meitu, an image processing app, launched an activity called “win money with face score”. Chinese Internet giants used AI (artificial...
Qualcomm’s New Snapdragon 8 Gen 1 to Power Xiaomi and OPPO Smartphones
Qualcomm unveiled its new flagship smartphone processor - the Snapdragon 8 Gen 1 - at the company’s annual Snapdragon Tech Summit held on Wednesday.
12/1/20213 min read
Chinese Metaverse Startup Xmov Attains $130M in New Funds
Chinese metaverse-focused startup Xmov announced on Wednesday that it has completed rounds B and C of financing, garnering a total amount of $130 million.
4/6/20222 min read