Redmi Note 8 Series to be Released in China on August 29
Redmi will introduce a new member to its Note series smartphone lineup as well as a new smart television on Thursday, Aug. 29.
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Alibaba's CEO Daniel Zhang Apologizes Following Rape Allegations Against Its Employee
An employee of Alibaba accused her supervisor of sexually assaulting her during a business trip. Alibaba's CEO Daniel Zhang apologized for the company's sluggish response at the beginning.
8/8/20214 min read
Tencent-backed Game Livestreamer Douyu Posts Strong Revenue Growth in Q1 As Lockdowns Stimulate Users to Pay
Tencent-backed Chinese game-centric live streaming platform Douyu Tuesday reported a 53% year-on-year increase in its total net revenue to $321.1 million in Q1 2020.
5/27/20203 min read
Ant Group Spends $8.9 Million to Establish Info Tech Company
On Wednesday, Tianyancha revealed that a wholly-owned subsidiary by Ant Group was formerly established. The new subsidiary has been named Ant Suosuoshu (Hangzhou) Information Technology Co., Ltd.
Li Auto Releases L9 Pro version, Simplifies Configuration and Lowers the Price to Seize the Market
On August 3rd, Li Auto officially released another version of its six-seater SUV L9 model - the L9 Pro, with a price of 429,800 yuan(60,173 US Dollar), which is 30,000 yuan (4,200 US Dollar) cheaper than the L9 MAX version priced at 459,800 yuan (64,373 US Dollar).
8/4/20234 min read
China Literature Plans to Acquire Tencent Animation and Comics' Related Businesses and IP Assets
On December 11th, China Literature announced the acquisition of Tencent Animation and Comics' related business and IP assets for 600 million yuan.
Alibaba to Donate $18.4M to Equip Chinese Villages With Oximeters
Leading Chinese tech firm Alibaba announced it would donate 125 million yuan ($18.4 million) to equip more than 600,000 village clinics with two oximeters, basically achieving full coverage in rural areas.
1/13/20233 min read
Huawei Vice President Declares: Achieving L4 Autonomous Driving on the Network Before 2025
Recently, the 7th Future Network Development Conference was officially held. At this conference, Peng Song, Senior Vice President of Huawei and President of ICT Strategy and Marketing, delivered a keynote speech. In his speech, Peng Song revealed his predictions on the development speed of autonomous driving.
Faraday Future Shines at CES, Struggles to Catch up With Tesla
Faraday Future announced on January 8 that its FF91 model completed a 250-mile long-distance road test at the Consumer Electronics Show (CES), held annually in Las Vegas.
1/8/20202 min read
Tencent Share Price Falls Below HK$250, A New Low
On October 12, Tencent’s share price fell below HK$250, hitting a new low since November 2018. It fell more than 60% from its historical high at the beginning of 2021 and now only has a market value of only HK$2.43 trillion.
10/12/20224 min read
Perfect World to Release Tower of Fantasy Overseas on August 10
Chinese game developer Perfect World has announced the launch of an overseas version of its open world game Tower of Fantasy on August 10, and the number of pre-registrants globally has exceeded 3 million.
NetEase Games Launches First U.S. Studio
NetEase Games, the online gaming division of Chinese internet technology firm NetEase, announced on Thursday its first studio in the United States, Jackalope Games, which is based in Austin, Texas.