ByteDance Surges to $5.64 Billion Revenue in Q1
TikTok owner ByteDance announced revenue of 40 billion yuan ($5.64 billion) in the first quarter of 2020, up 130 percent from the previous year.
All Posts
Showing 12 of 13059 posts
Vivo Unveils AIGC Algorithm Progress
Vivo unveils breakthroughs: AIGC algorithm progress, Chongqing 3D motion capture lab, and V3 image chip with multi-concurrent AI perception.
Pop Mart to Release Limited Edition Astronaut Dolls Made from Rocket Material
On Dec. 18, Pop Mart officially announced its partnership with Aerospace System Engineering Shanghai’s subsidiary firm Shanghai ASES Spaceflight Technology Co.Ltd. to produce the “Astronaut Molly.”
Former NBA Champion Jeremy Lin Departs from NBA, Joining Beijing Ducks
After a rather disappointing off-season, former NBA Champion player Jeremy Lin decided to sign with the Beijing Ducks of the Chinese Basketball Association, and will be playing for the team in the upcoming season in China.
8/28/20195 min read
BYD Invests in TYSiC
TYSiC, a developer and manufacturer of silicon carbide (SiC) epitaxial wafers, made registration changes with the Industrial and Commercial Administration recently, adding BYD as a new shareholder.
6/16/20222 min read
Audio Platform Ximalaya Plans to Be Profitable by End of Year
Yu Jianjun, CEO of Ximalaya, made clear the company's specific profit plan for all employees of the company for the first time, ten years after the establishment of this audio platform.
9/2/20223 min read
Faraday Future Announces New Executive and Funding Following 25% Pay Cut
Faraday Future, a California-based electric vehicle maker, on October 26 announced the appointment of Yun Han as Chief Accounting Officer and interim Chief Financial Officer, as well as new financing progress from an affiliate of ATW Partners LLC.
10/27/20223 min read
Huawei’s New Foldable 5G Mate X Set to Launch on November 15
Huawei announced on October 23 that the company’s much-delayed folding phone, the 5G Mate X, is finally going on sale in China on November 15.
10/24/20193 min read
Short Video Viewership in China Exceeds One Billion
On March 2, a report released by the China Internet Network Information Center (CNNIC) showed that as of December 2022, the number of people in the country who watched short videos exceeded one billion for the first time, and the utilization rate was as high as 94.8%.
3/3/20233 min read
Shenzhou-13 Astronauts to Make Return Preparations Next Week
The Shenzhou-13 astronauts aboard China's space station will begin preparations for their return to earth next week.
3/24/20222 min read
Chinese Streaming Platform iQiyi Signs 4-Year Deal with English Premier League
According to an official news released by the English Premier League, Chinese streaming platform iQiyi has struck a deal with the English Premier League, giving iQiyi exclusive new media broadcast rights in Mainland China and Macao for the 2021 to 2024 football seasons.
7/22/20212 min read
Chinese Representatives Attend the AI Safety Summit
On the AI Security Summit, China expressed its willingness to strengthen communication and exchange with all parties on the safe governance of artificial intelligence.