What did Toutiao's Buy with its $1B Purchase of Musical.ly?
“I regret not having entered into China’s market earlier. Now, I can hear vibrating sounds everywhere making me uncomfortable,” said Louis Yang, founder of Musi...
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Lantouzi.com's Zhang Lei Put Under Border Control, Not Zhang Lei of Hillhouse Capital
Media reports on August 12 stated that Zhang Lei, CEO of lantouzi.com, faces punishment by border control authorities, not Zhang Lei of Hillhouse Capital.
8/16/20212 min read
Ant Financial: the Number of Blockchain Patents Ranks the First, Irrelevant with ICO
China far outnumbers the US in blockchain patents and leads the world, according to the latest blockchain patent list. Alibaba is the world’s leading enterprise...
JIDU Unveils First Concept Robocar
JIDU, an intelligent electric vehicle company backed by Baidu and Geely, unveiled on Wednesday its first concept robocar, the ROBO-01.
6/8/20224 min read
Xiaomi and Redmi Products Departments Merged Into Smartphone Division
Beijing-based consumer electronics giant Xiaomi recently issued a document announcing organizational adjustment.
6/7/20222 min read
Asia’s First Freight Airport to Open in Ezhou, Hubei, SF Express to Invest 2.3B Yuan
SF Express Holding announced its wholly owned subsidiary Shenzhen SF Tyson Holdings had signed a cooperation agreement with the Hubei Provincial Government. SF ...
12/15/20173 min read
Pfizer and Chinese Authorities Fail to Reach Deal on COVID Pill Paxlovid
Talks between Chinese regulators and US pharmaceutical company Pfizer regarding the potential inclusion of Paxlovid, an orally administered COVID-19 medication, in the country's public health insurance scheme have broken down.
1/9/20233 min read
China Launches Innovative Platform for Lithium Battery Recycling
China's battery recycling market has been gaining attention from industry leaders such as CATL, as evidenced by the recent launch of "Lithium ++," the country's first internet platform for recycling lithium batteries.
Vivo X Fold S Specifications Leaked
Vivo’s new foldable smartphone X Fold S is expected to be released in September. The new model may adopt the updated Qualcomm Snapdragon 8+ Gen 1 chipset made by TSMC, and will have a battery capacity of about 4700 mAh.
8/25/20222 min read
Jack Ma Foundation at Forefront of Global Battle Against COVID-19
The Jack Ma Foundation and Alibaba Foundation have donated much-needed medical supplies to multiple countries over the past several weeks.
3/13/20204 min read
Shein Launches Women's Underwear Retail Platform Luvlette
Fast fashion giant Shein is constantly hatching new brands and building an expansive business matrix. This year, the firm launched and promoted an underwear brand called Luvlette.
10/8/20223 min read
Huawei Pocket S Foldable Phone to Be Unveiled Nov 2
Chinese telecoms giant Huawei has announced that it will hold a new product launch conference on November 2, during which its second vertically foldable smartphone, Pocket S, will officially debut.
10/24/20223 min read