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Virtual user-generated content metaverse platform Yahaha announced on November 15 that it has completed round-A+ financing totaling $40 million, jointly led by Temasek and Alibaba and followed by 37 Interactive Entertainment.
Chinese EV maker Zeekr submitted its prospectus to the U.S. Securities and Exchange Commission (SEC) today, preparing for listing on the New York Stock Exchange with the stock symbol "ZK".
ByteDance has launched FizzoToon in Japan, an app positioned as an animation platform. The company decided to release the product in Japan is because of the country's broad animation culture.
Wechat's latest update enables users to change their Wechat ID once per year.
On June 13, Didi Chuxing, a leading ride-hailing platform, introduced a new express delivery service called Didi Express. The platform has integrated Dada Express, Flash Delivery, and UU Errands to provide immediate delivery of small items.
Bilibili, originally famous for its "ACG" (Animation, Comics, Games) subculture content, has already started to invest in virtual character businesses.
The Omicron COVID-19 variant, which appears more transmissible but less pathogenic than earlier strains of the coronavirus, has caused a surge in demand for nucleic acid testing in China this year. However, false positives have frequently been reported.
Music streaming service provider Tencent Music Entertainment (TME) shut down its digital collection business and has transferred some team members to other departments.
Honor Device Co., Ltd. has added information regarding almost 700 trademark transfers. Huawei was the company listed as the transferor and the trademarks include Honor Pro-choice and Honor.
Different Dimension Me, an anime photo generator developed by Chinese internet giant Tencent, has recently become popular on global social platforms. However, this AIGC tool has also received allegations of racial discrimination due to limitations of its algorithms and image recognition functions.
Yunji received a delisting warning from the NASDAQ on September 27, and now has a grace period of 180 days to regain compliance. It later announced that "the company intends to solve this problem within the prescribed grace period."
Reuters reported on Tuesday that Chinese housing broker KE Holdings is planning a Hong Kong stock market listing with an aim to raise $2 billion in funds. In an emailed response to Reuters, KE denied the plan.