Huawei Invests in Newly Established Venture Capital Fund Hongtu Shanli
Huawei invested a total of 200 million yuan and became limited partners (LPs) of the Shenzhen Hongtu Shanli Private Equity Investment Fund Partnership.
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ByteDance's Charitable Project Raises Public Doubt
On August 1, ByteDance's public welfare platform made a live presentation for its first "DOU Public Welfare Day" event to be held on September 5. However, the announcement has aroused doubts from insiders.
8/8/20223 min read
Li Ziqi's YouTube Channel Reportedly Gains $114,195 in Average Monthly Advertising Revenue after Ceasing Updates
While some Bilibili content creators have stopped updating their videos due to lack of profit and motivation, Li Ziqi, a Chinese video blogger, entrepreneur, and internet celebrity with 17.4 million subscribers on YouTube, continues to earn profits from her channel despite not posting new content since July 2021.
Baidu's Fourth Urban Intelligent Vehicle Base in China Opens in Wuzhen
On December 8th, Baidu Apollo Park in Wuzhen, Zhejiang Province officially opened, making it the fourth urban intelligent vehicle base built by the company in China after others that were built in Beijing, Guangzhou and Shanghai.
12/10/20212 min read
Chinese Audit Department Resumes Issuing Game Registration Numbers
China's game registration numbers audit was restarted after having been suspended last July. A total of 45 of domestic game registration numbers were issued on Monday.
4/11/20222 min read
NetEase Cloud Music Reaches Copyright Deal With China Record Corporation, Works of Many Chinese Artists Including Mei Lanfang Join App
NetEase Cloud Music has reached a copyright cooperation with China Record Corporation, launching a large amount of classic music as a result.
11/11/20212 min read
Two Kuaishou Executives Depart Firm
Peng Jiatong, the business assistant of former Kuaishou CEO Su Hua, has left the job. At the same time, Li Yongbao, the firm's head of business algorithm strategy, has resigned for unknown reasons.
8/5/20222 min read
FF Announces Progress with Geely, Company to Open Flagship Stores in Beijing, Shanghai, Guangzhou and Shenzhen
FF announced on September 19th that a substantial progress has been achieved in its cooperation with Geely Holdings and the both sides has completed the first stage of technical cooperation.
9/22/20212 min read
Alibaba vs. Tencent: The War Shaping China’s Tech Industry
The tech industry is used to clashes between corporate rivals. Major conflicts between corporate titans usually result in the emergence of a victorious monopoly like Google, or Facebook.
FOiA Drone Secures Tens of Millions of Yuan in Financing
FOiA Drone, a Shanghai-based unmanned aerial vehicle (UAV) automatic inspection system developer, announced on Thursday it has obtained tens of millions of yuan in an A2 round of financing.
3/17/20222 min read
Bilibili Eyes Livestreaming E-Commerce Business
Bilibili, a Chinese video streaming platform featuring anime, cartoon and games (ACG) content, eyes livestreaming e-commerce business.
9/19/20223 min read
Xiaomi Releases Crowd-Funded Product: Microcrystalline Titanium Wok
Xiaomi released its 132th crowd-funded new product, the Yi Wu Yi Shi Microcrystalline Titanium Wok, priced at 449 yuan. The wok uses microcrystalline titanium,...
11/9/20172 min read