SOHO China CFO Investigated for Alleged Insider Trading
Ni Kuiyang, Chief Financial Officer of Chinese property developer SOHO China, was probed by police for investigation on suspicion of insider trading.
7/7/20223 min read
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ASUS ROG's 1st Gaming Phone: 512GB & World’s Fastest Snapdragon 845
On the evening of June 4, Republic of Gamers (ROG) by ASUSTek Computer Inc., better known as ASUS, releases its first gaming smartphone in Taiwan, just a day be...
Xiaomi TV Ranks First in the Indian Market for Five Consecutive Quarters
Manu Kumar Jain, Xiaomi Global Vice President and India Managing Director, announced on social media that Xiaomi TV has ranked first in the Indian market for five consecutive quarters.
Following Completion of Merger With Tencent, Wang Xiaochuan Steps Down as Sogou CEO
Sogou CEO Wang Xiaochuan released an internal email today, saying that "from today, Sogou will be integrated into Tencent, and I will officially step down as Sogou CEO."
10/15/20212 min read
Xiaomi Infringement Lawsuit Against Digital Blogger Rejected
Xiaomi sued a blogger named "Long Er Pro" who had repeatedly and maliciously published inaccurate content, such as reports about Xiaomi TV burning and poor cell phone performance.
11/22/20212 min read
2019 Baidu Create AI Developer Conference — Who's Messing With Baidu
Audiences who showed up a bit late on July 3, at the 2019 Baidu Create AI Developer Conference might have thought Robin Li, founder and CEO of Baidu has put on too much hair product when giving the opening speech of today's event.
ByteDance Agrees to $92 Million Settlement in US TikTok Privacy Lawsuits
ByteDance has agreed to pay US$92 million to settle a class-action lawsuit over data privacy claims from some US TikTok users, following a year of litigation.
Tencent Invests in Electric Bicycle Firm Tenways
One of Tencent's investment affiliates recently took a stake in ShenZhen Tenways Technovation Limited, a manufacturer of electric bicycles. The registered capital of the company increased 38.8%.
11/15/20223 min read
Lei Jun: Xiaomi Is Not in A Hurry to Build Charging Piles, First Focus on Making the Car Well
Xiaomi's primary task at present is to focus on car manufacturing, aiming to make the Xiaomi SU7 the electric vehicle with the best compatibility and convenience with public charging stations.
8/23/20242 min read
Chinese AI Firm Zhiyi Tech Raises Nearly $100M
AI technology enterprise Zhiyi Tech has continuously completed three rounds of financing totaling nearly $100 million, led by GL Ventures, Zoo Capital, Xianghe Capital and CE Innovation Capital, respectively.
4/6/20222 min read
Tim Hortons China to Debut on Nasdaq
The Chinese business division of Canadian coffee chain Tim Hortons will officially commence trading on the Nasdaq on September 29. Proceeds from the listing will be used to expand its coffee business in China.
9/29/20223 min read
Luckin Coffee and Complicit Companies Fined for Millions of Fake Transactions
China’s market regulator disclosed yesterday the penalty of fines of 2 million yuan ($300,000) each for Luckin Coffee and four other associated companies for their 123 million fake orders fabricated through fake transactions, fake bank statements and other illegal measures.
10/13/20202 min read