Why Investors Betting on the Growth of China’s Semiconductor Industry
Investing in CPU, GPU and DPU in succession, what kind of market opportunities did Sky9 Capital see?
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Alibaba Enters Russian E-commerce JV
Alibaba Group, Russian Direct Investment Fund, MegaFon, and Mail.ru Group have built a joint venture to integrate Russia’s key consumer internet and e-commerce platforms and launch a leading social commerce joint venture in Russia and the CIS.
6/6/20192 min read
Huobi Initiates Removal of Tens of Millions of Chinese Users, Internal Structure Greatly Adjusted
On December 14 and 15, the company will stop the currency filling and currency trading business of Chinese mainland users.
12/14/20213 min read
NIO ET5 Unveiled, Delivery to Start in September
During the 2022 Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show that opened on May 28, the NIO ET5 medium-sized pure electric vehicle was officially unveiled.
5/30/20222 min read
JOYY's 2021 Q2 Revenue Increases by 39.7% Year-on-Year
Live streaming platform and BIGO owner JOYY announced its unaudited financial results for the second quarter of 2021 on Thursday, showing revenue reaching $662 million, up 39.7% year-on-year.
8/19/20212 min read
Artificial Intelligence Unicorn SenseTime Applies for Hong Kong IPO
China's artificial intelligence unicorn SenseTime submitted an application to list on the HKEX on August 27, with China International Capital Corporation Limited (CICC), Haitong International Securities Group Limited and HSBC as co-sponsors.
8/30/20212 min read
The Three Body Problem TV Series To Start Filming this September
According to the National Radio and Television Administration, a new TV series called The Three-Body Problem, an adaptation of Hugo and Nebula award winner Liu Cixin's epic sci-fi trilogy, is about to start filming this September.
6/20/20193 min read
Huawei Starts Beta-testing HMS with GMS Off Limits
Huawei is launching HMS (Huawei Mobile Services) to fend off the negative effects of Google pulling the plug on GMS (Google Mobile Services) for Huawei phones.
12/25/20192 min read
Hit Animation Nezha Reveals the 'Shipping' Craze Taking Over China
The massive success of the film Nezha can be mainly attributed to its trendy setting and the rising popularity of so-called shipping, a desire by fans to put two characters into a romantic relationship.
7/30/20196 min read
TikTok and WeChat Deny User Records Leakage
A recent poster on a hacker forum claims to have obtained TikTok's and WeChat's databases on Alibaba's cloud service platform, which together contain over 2.05 billion user records. However, Tencent, WeChat's parent company, and TikTok denied any security breach.
Xiaomi Expanding in India, Planning Four New Factories
On April 9, Xiaomi announced today that it will open three new mobile phone factories in India. At the same time, the power bank factory Xiaomi operates with an...
4/10/20183 min read
Chinese Cities Introduce ‘Relaxed’ Policies to Stabilize Stagnating Real Estate Market
As the COVID-19 outbreak left many Chinese families struggling to pay their rents and mortgages, several cities introduced “relaxed” home purchase policies to alleviate people’s burden and reanimate the stagnating real estate market.
3/27/20204 min read