Kuaishou Hit by Music Copyright Dispute Ahead of Hong Kong Listing
A Chinese government-backed organization has asked Kuaishou to take down 10,000 videos due to infringement of music copyrights, days before the company’s IPO in Hong Kong.
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Alibaba Delays Primary Hong Kong Listing as Revenue Growth Slows
Hangzhou-based internet giant Alibaba stated on November 17 that it will not complete a primary listing in Hong Kong before the end of the year as initially planned. This delay comes as the firm struggles with slowing growth at home.
11/18/20223 min read
Baidu Smart Mini Program Becomes #1 Domestic Platform to Obtain Services Amid National Day Holiday
Tech giant Baidu revealed on Oct. 10 that it has become the top domestic platform for users to obtain services during the 8-day long national day holiday.
10/10/20202 min read
DJI's New Mavic 3 Classic Drone Expands Possibilities for Creators
DJI, a civilian drone and aerial imaging technology provider based in China, on November 2 unveiled the Mavic 3 Classic, giving creators a new way to experience the Hasselblad camera and flight performance of the firm's Mavic 3 Series.
Didi Launches Overseas Aggregated Travel Services, International Business Profitable
Didi's international business covers three major areas: ride-hailing, food delivery, and finance. Among them, the overseas ride-hailing business has already achieved profitability.
Nayuki Releases Virtual Stock
Tea brand Nayuki launched its campaign to celebrate the first anniversary of its IPO by giving away virtual shares for every tea drink.
6/30/20222 min read
Baidu to Launch XiRang MetaStack, Enabling Metaverse Construction in 40 Days
Ma Jie, the vice president of Baidu, said on January 4 that the tech giant is set to unveil a metaverse solution called XiRang MetaStack. The solution enables the creation of an independent metaverse in only 40 days, which would have otherwise taken from six months to a year to complete.
Cloud Native Basic Engine Provider Galaxy Future Scores Tens of Millions of Dollars in Financing
On Thursday, Galaxy Future, a cloud native basic engine provider established less than half a year ago, announced that it had completed an angel investment round worth tens of millions of dollars.
12/24/20213 min read
XPeng Finishes Restructuring and Fires Small Number of Employees
Internal adjustments to the organizational structure of Chinese electric vehicle maker XPeng are nearing an end, and some departments have implemented small-scale layoffs.
11/10/20223 min read
Agricultural Technology Booms Amid Covid-19 Outbreak
Stuart Oda, CEO of Alesca Life, said that agriculture and agricultural technology have come into sharp focus from the fallout of the COVID-19 outbreak.
9/4/202011 min read
China's Didi Chuxing Outlines New Three-year Strategy to Strengthen Safety Mechanisms and Expand Overseas Market
China’s ride hailing giant Didi Chuxing released its new three-year strategy on April 16, highlighting overseas expansion, delivery service and innovative development.
4/17/20202 min read
Why the Baidu App Changed Its Slogan
Baidu Inc. recently added a new feature displaying information flow to its mobile browser app and changed the app's slogan along the way. This is among the late...