Sony Responds to Rumors of Exit from China: Operations Are Steady
Despite rumors of Sony's withdrawal from the Chinese market, the company confirmed its mobile business there remains stable and it is optimistic about future growth.
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China’s Most Popular Fitness App Keep Valued at $2 billion Following New Funding Round: Reports
The valuation of China’s most popular fitness app Keep has risen to about $2 billion following a $360 million funding round, according to Chinese tech news site 36Kr.
1/11/20213 min read
Sources Say Xiaomi Auto to Locate Headquarters and First Factory in Beijing
Xiaomi Auto has reportedly settled on Beijing for its headquarters and first automobile factory, Auto Business Review said on Tuesday. Xiaomi has not yet issued a response to the news.
8/17/20213 min read
Hangzhou-based AI Startup Manycore Technology Files for Hong Kong IPO
On the evening of February 14, Chinese tech startup Manycore Tech Inc. officially submitted its listing application to the Hong Kong Stock Exchange, with J.P. Morgan and CCB International acting as joint sponsors.
Xiaomi Invests in NEV Charging Services Firm KBVIP
Xiaomi's Hanxing Venture Capital has reportedly carried out investment to become the third-largest shareholder of KBVIP, an NEV Charging Services firm.
6/2/20222 min read
ByteDance Obtains Payment Business License
ByteDance has completed its acquisition of a payment business license, completing the last pillar of its ownership of a full range of digital payment business licenses in China, which will allow it to conduct various forms of financial services.
9/4/20202 min read
Leisure Travel Company Tuniu Receives Delisting Warning From Nasdaq
Tuniu, a leading online leisure travel company in China, announced on Monday that it had received a warning from the Nasdaq on April 13.
DJI Unveils Three Agricultural Drones and Brand Declaration
Chinese drone maker DJI released its T50, T25 and Mavic 3 Multispectral products on November 23, geared at the smart agriculture sector. It also released its first brand film and brand declaration for agricultural business – "Better Growth, Better Life."
Alpine Skiing in China — Still A Long Way to Go
This morning, Bob Ni posted a photo on WeChat with the location set as Anniviers, Switzerland. He is one of the few young Chinese skiers to be selected to practice skiing in a small town near Bern in Switzerland.
2/17/20195 min read
Baidu Obtains Green Light for Secondary Listing in Hong Kong
Chinese Internet search giant and artificial intelligence company Baidu has received approval to launch a secondary listing on the Hong Kong Stock Exchange, according to people with knowledge on the matter.
3/5/20212 min read
Deep Dive: 2023 OPPO Inspiration Challenge Global Finals
15 global startup teams have showcased their demos of innovative technologies and creations at the 2023 OPPO Inspiration Challenge’s global final demo event! I...
10/26/20231 min read
Apple to Remove Remaining Unlicensed iOS Games from Chinese Market by Jan. 1
On Dec. 2, Apple sent an email to the remaining developers who own unlicensed games on App Store China
12/9/20203 min read