Airbnb China to Lay Off Employees As 25% Workforce Cut Globally
American tourism experiences platform Airbnb is laying off about 25% of its workforce as the COVID-19 pandemic halts the travel industry and threatens the company's core business.
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DJI's Mini 3 Pro Drone Sees Multiple Upgrades
On October 26, Shenzhen-based drone maker DJI released multiple upgrades for its Mini 3 Pro drone, such as an enhanced image transmission function.
ByteDance Starts JV With Major Media To Develop AI, Blockchain and IP Services
TikTok owner ByteDance announced a joint venture with Shanghai Dongfang Newspaper, a state-owned media group and the operator of a popular local news outlet The Paper.cn.
12/16/20192 min read
Revealing Tencent's Investment Map in the Medical Field
Tencent has made six major moves within the medical field this year, investing in several medical device enterprises.
DiDi's Subsidiary Xiaoju Charging Launches Compensation Service for Interrupted Charging
On April 25th, Xiaoju Charging announced the launch of the industry's first charging interruption compensation service. It currently covers all Xiaoju Preferred Stations in Hangzhou, China.
OnePlus CEO Pete Lau Announces Entry into Smart TV Market with OnePlus TV
OnePlus officially unveiled their next big project after the soon-to-be-released OnePlus 6T on Sept. 17. The smartphone manufacturer will be entering the televi...
9/17/20184 min read
Ep. 31: Alibaba and The Little Red Book (Xiaohongshu): Powering Ecommerce with Content
In episode 31 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about Xiaohongshu, also known as RED, which had received a $300 million investment from A...
Volkswagen Collaborates with XPeng: Volkswagen's New SUV Exposed
Volkswagen plans to launch a new SUV model named 'ID.8'which will be built on the same platform as the XPeng G9 model and may become the first 'jointly developed' vehicle launched in the domestic market.
Hong Kong's richest man Ka-shing Li retires at 89
On the afternoon of March 16, 89-year-old Ka-shing Li (born on July 29, 1928), the Chairman of CK Hutchison Holdings Limited, officially announced his retiremen...
3/19/20189 min read
EV Firm Faraday Future Adjusts Board and Obtains $100M in New Financing
On the evening of September 26, Faraday Future announced that it had reached a final agreement with FF Top Holding LLC, a major shareholder of the firm, on financing and board reorganization.
9/27/20223 min read
NFT Weekly: Betting Big in the Crypto Winter
This week: Bitcoin mining giant Canaan doubles profits despite China's crypto ban, Animoca Brands bets big during crypto winter, metaverse jobs disappear as hiring slows across global tech companies, and more.
8/22/20228 min read