Perfect World Lays Off Over A Thousand Employees
Recently, a major company in the Chinese gaming industry, Perfect World, has been caught up in a wave of layoffs.
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Xiaomi-backed Roborock Starts Trading with Highest Issue Price on New Tech Board
Roborock Technology, a Chinese robotic vacuum cleaner manufacturer affiliated with Xiaomi, starts trading today on China’s new tech board with a strong opening performance.
2/21/20202 min read
China Esports Weekly: Tencent Global Esports Annual Summit 2021 Planned, Worlds 2020 Contributed $4.6M to Shanghai Economy
Last week was significant for the China esports industry and for Tencent Esports in particular. Not only did a game publisher reveal its tournament and esports business summit plan, but solid achievements from Chinese esports events were also reported, according to a new report from the Chinese authority.
5/14/20214 min read
AI Specialist Kneron Launches World’s First Edge AI Platform KNEO
Kneron, a leading manufacturer of terminal artificial intelligence, held a developer conference on July 20 in Taiwan and announced the debut of the world’s first edge AI platform KNEO.
7/24/20202 min read
Second Internet Court Opens in Beijing
The second Internet court in China opened its doors in Beijing on Sept. 9, as the country looks to better address disputes and problems caused by the fast-growi...
Li Auto L6 Official Preview Releases, to Be Launched in April
On February 15th, Li Auto released a New Year poster to tease its "mysterious new member" - the mid-to-large-sized SUV, Li L6.
Marcello Lippi Rumored to be Coaching the Chinese National Football Team Again
Italian World Cup Champion coach Marcello Lippi will likely to be the head coach of the Chinese Men’s National Football Team again after stepping down from the position due to the earlier losses in the 2019 Asian Cup.
5/1/20194 min read
China VC Weekly: Telematics, Spaceplanes and Biotech
In last week’s VC news: Chinese telematics powerhouse Pateo bagged a hefty 830 million yuan round of financing to help its R&D efforts; Space Transportation raised millions of dollars to build its hypersonic spaceplanes.
8/12/20214 min read
More Than Half the 124 Unicorns of 2017 are BAT Investments
After a chilling 2016, the capital markets became more rational in 2017. The overall trend remains unclear, but investors seem willing to back projects that sho...
Realme 3 - A New Challenger Joins The Budget Phone Competition
The heated battle of budget smartphones is heating up among Chinese phone brands again with the new release of the Realme 3 yesterday from Realme, OPPO's sub-brand launched in India.
China Vows to Safeguard the Legitimate Rights of Banned Chinese Apps in America
On Jan.6, China's Foreign Ministry responded to U.S. President Donald Trump’s executive order banning transactions with eight Chinese software applications
1/7/20213 min read
PSG.LGD Guaranteed for Top 3 Finish of Dota International 2019
Chinese e-sports powerhouse PSG.LGD successfully broke into the upper bracket final of the ongoing Dota 2 International in Shanghai tournament.