Bytedance Apps Prohibited from Sharing WeChat User Info
The competition is heating up between Chinese tech giants Tencent, owner of WeChat, and the world's most valuable startup ByteDance, the company behind TikTok.
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XPeng Co-Founder Denies Plan to Launch Extended-Range Vehicles
Henry Xia, President and Co-founder of Chinese electric vehicle maker XPeng, denied rumors on November 6 that the company may be considering adopting an extended-range power system in the future.
11/7/20223 min read
Honor Tops China's Smartphone Market Share for First Time
Tech market research firm IDC released a quarterly cell phone tracking report on July 29. Honor ranked first in terms of shipments during Q2 in the Chinese market.
7/29/20222 min read
U.S. Probation of ZTE Lifted
The latest judgment informed that the U.S. court had ruled that ZTE's probation would not be revoked without any additional punishment, representing a major victory for ZTE in the legal hearing.
3/23/20222 min read
Mercedes-Benz Launches New R&D Center in Shanghai
Mercedes-Benz announced on Friday that it has opened a new R&D center in Shanghai that will specialize in mobile technologies such as interconnection and autonomous driving.
3/18/20222 min read
Joyy Rejects Fraud Claim by Research Firm, Citing Ignorance of China’s Live-stream Industry
Chinese social media and entertainment site Joyy Inc. rejected allegations of fraud by Muddy Waters Research, saying the report it published was full of “misinformation, erroneous statements and misleading conclusions.”
New Zealand Rejects Huawei's 5G Proposal Due to National Security Concerns
Huawei was banned from supplying 5G technology in New Zealand due to national security concerns, joining a number of developed countries in their hesitation to ...
11/29/20183 min read
Middle-aged and Elderly Online Interest Community Hongsong Receives Financing Led By BAI Capital
Hongsong, an online interest community for middle-aged and elderly Chinese people, announced that it had recently obtained financing worth 100 million yuan.
1/5/20223 min read
Xiaomi Announces its “Mi Home”- AIoT Smart Home Initiative
Xiaomi CEO Lei Jun announced yesterday on his personal blog his vision for the future of AIoT and smart home technology in the Xiaomi ecosystem.
NIO’s Third Largest Shareholder Gives Up Equity in the Company
As of December 31, 2019, Hillside Capital no longer holds equity in NIO. So far, 2020 has seen NIO raise $200 million in convertible bond financing.
2/17/20202 min read
TikTok Partners with Shopify to Enter Social Commerce
The viral short-video platform TikTok is moving into social commerce with its new deal with e-commerce platform Shopify.
10/28/20203 min read
Lenovo's Chipmaking Confirmed With Establishment of Semiconductor Subsidiary
Chinese business inquiry platform Qichacha shows that Dingdao Zhixin (Shanghai) Semiconductor Co., Ltd., which is 100% controlled by domestic computer giant Lenovo, has been formally established.
1/27/20222 min read