Alibaba Announces Executive Restructuring
Alibaba announced the 19th major structural adjustment in three years. Daniel Zhang announcing a new round of organizational restructuring.
12/19/20192 min read
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AI is the Transformative Force Revolutionizing Future Human Development Over the Next 40 Years, Says Baidu CEO Robin Li at WAIC 2021
Robin Li, CEO of Baidu, said that AI will undoubtedly become the transformative force revolutionizing future human development over the next 40 years.
Energy Monster Completes RMB500 Million Funding Round
Power bank rental company Energy Monster has completed its C round of financing, with a total funding of 500 million yuan.
12/24/20192 min read
Microsoft Responds to Rumors of Cutting Windows Supply to China: “We Have Unwavering Commitment to Providing Services to Chinese Users”
Microsoft said it will continue providing services to Chinese users in response to recent rumors that it will no longer offer Windows services in China.
8/10/20202 min read
Tencent, NetEase Games Approved for Launch in China
China released the approval information of imported online games in 2023 on March 20, and a total of 27 games were approved. NetEase's "Audition: Everybody Party" and Bilibili's "Pretty Derby," and Tencent's "Merge Mansion" are all on this list.
ByteDance Bets on Web Novel Business, Launching Mytopia Application Overseas
Chinese internet giant Bytedance has recently launched three new novel applications domestically and overseas.
11/22/20212 min read
Realme to Become First Smartphone Brand to Mass Produce 240W Fast Charging Devices
Chinese smartphone brand realme officially confirmed on January 5 the launch of its GT Neo5 smartphone in mainland China in February. This all-new offering will be capable of 240W fast charging – the fastest speed under the Type-C standard.
Chinese Digital Audio Platform Ximalaya Applies for Listing in Hong Kong after Retracting US IPO
Ximalaya has submitted an application for listing to the HKEx on Monday after dropping plans to list publicly in the United States. The firm's co-sponsors were Goldman Sachs, Morgan Stanley and CICC.
9/14/20212 min read
Geely-backed Zeekr's Second Model Revealed
Photos of the second model of Zeekr, a electric vehicle company under Geely, has been leaked recently. At present, the new car code is EF1E, which may be renamed to Zeekr 002.
3/9/20222 min read
Next Vision Tech Completes Rounds A and A+ of Financing
Machine vision company Next Vision Tech announced on Tuesday that it has raised over 100 million yuan ($15.72 million) in rounds A and A+ of financing.
3/30/20222 min read
China VC Weekly: Taxes, E-bikes, Disinfection
In last week’s VC news, a diverse cohort of Chinese startups raised considerable capital across industries spanning tax automation, fintech, mobility, robotics and more.
2/22/20227 min read
Beijing Releases Implementation Plan for Industrial Carbon Peaking
On August 1, China's Ministry of Industry and Information Technology, National Development and other two departments issued the Implementation Plan for Carbon Peaking in the Industrial Sector.
8/1/20223 min read