WeChat Ecosystem Generated 29.63 Million Jobs in 2019
WeChat and the China Academy of Information and Communications Technology jointly published the 2019-2020 WeChat Employment Impact Report on May 14.
5/15/20202 min read
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China's State-owned Bank Launches Digital Currency Pilot Application
China's state-owned bank has carried out an internal and hypothetical-use pilot of China's central bank digital currency in four Chinese cities.
4/16/20202 min read
Leaked Huawei P50 Pro Render Hints at Curved Display, Single Punch-hole Camera
Several details of the design and specs of Huawei’s new flagship smartphone, the P50 Pro, have surfaced online in a leaked render by reputed tipster Steve Hemmerstoffer.
1/4/20212 min read
Police Uncover Elaborate Gambling Scheme Targeting E-commerce Platforms
Police in China revealed a scheme where gambling operators used fraudulent online fronts and delivery tracking numbers to create e-commerce records and disguise illegal money flows.
9/14/20203 min read
Luckin Coffee Opens Two Stores in Singapore
On March 31st, Luckin Coffee opened two new stores in Singapore and entered the trial operation phase.
3/31/20232 min read
China's E-commerce Giants Rush to Provide COVID-19 Tests as Economic Operation Restarts at Home
China's e-commerce platforms, including Alibaba, JD.com, and Pinduoduo, recently started reservations for COVID-19 testing in multiple cities.
4/23/20202 min read
Tencent Becomes Largest Shareholder of Japanese Game Company Marvelous Inc
Tencent will acquire a 20% stake in Japanese game developer and publisher Marvelous.
5/26/20203 min read
Tims China to Develop and Subfranchise Popeyes in China and Macau
On February 9, TH International, the exclusive operator of Tim Hortons coffee shops in China (Tims China) announced that its board of directors had approved an agreement to develop Popeyes, the fried chicken chain, in mainland China and Macau.
2/13/20233 min read
Number of Chinese IPOs in US Hit Eight-Year High
Some 33 Chinese companies got listed on the New York Stock Exchange and Nasdaq in 2018, a great leap from 2017's 17 listings.
Realme Releases GT Master Edition, Master Explorer Edition with Qualcomm Snapdragon 870 chip
On Wednesday, Chinese smartphone vendor realme released its realme GT Master Edition and Master Explorer Edition.
7/21/20212 min read
Li MEGA Debuts with CATL Qilin 5C Battery, Claiming to Be the "Fastest Charging" in the World
Li MEGA will be equipped with CATL Qilin 5C battery, which is claimed to "charge for 12 minutes and replenish energy for 500 kilometers".
11/15/20232 min read
JD.com To Invest $500 Million in Second-Hand Goods Recycling Platform Aihuishou
China's e-commerce giant JD.com’s second-hand commodity trading platform "Paipai" will undergo a strategic merger with China's largest electronic product recycling platform "Aihuishou".
6/3/20192 min read