Baidu Established Rumor-Refuting Platform
Users are likely to see some information will be marked as "rumor" when searching in Baidu searching engine. Today, Baidu officially launched its rumor-dispell...
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Chinese Ranks Second on Hurun U40 Billionaires List 2023
On April 6th, the Hurun Research Institute released the "2023 Hurun Global Self-Made Under-40 Billionaires List". The list shows that as of January 16th, there are a total of 59 self-made billionaires under the age of 40 worldwide.
Asian But Not Really - An Adoption Story in China
In 1992 the Chinese government passed a law allowing international adoptions of Chinese orphans. A central adoption authority which oversaw the programs and decided on the rules for adoption was set up, and the procedure of adopting Chinese orphans could begin.
2/9/20197 min read
ByteDance's Douyin Tests New Page Layout of E-Commerce Service
Douyin, the Chinese mainland version of ByteDance's TikTok, is alpha testing a new version with changes to its e-commerce layout.
3/31/20222 min read
Pinduoduo Has Formed Multiple Large-Scale Model Teams, Encouraging Internal Competition
Pinduoduo has reportedly recruited a group of people from Baidu's AI team last year to work on large-scale model-related projects.
2/25/20252 min read
China's New Energy Vehicle Wholesale Numbers to Reach 664K Units in Sept
According to a report released by the China Passenger Car Association (CPCA) on October 10, preliminary statistics show that the wholesale sales of new energy vehicles in September will be about 664,000 units, up about 90% year-on-year.
Alibaba-Backed Hello Inc. to Complete New Round of Financing
According to a source related to investment institutions, comprehensive mobile travel platform Hello Inc. is to complete a new round of financing, coming in at a higher valuation than before.
9/9/20212 min read
XPeng Motors Establishes Battery Subsidiary
Chinese electric vehicle company XPeng Motors has set up a power battery subsidiary last month, a move that is considered by the industry as another signal that the company will develop its own power battery manufacturing capabilities.
12/20/20223 min read
Chinese Entertainment Firm Huayi Brothers Holds Shares in Metaverse Startup
As of October 12, a subsidiary of Chinese multinational entertainment company Huayi Brothers Media Corp. held 20% of shares in Metaverse Culture and Entertainment Management (Qingdao) Co., Ltd., and James Wang, one of Huayi Brothers' founders, was serving as its director.
10/13/20223 min read
Oneplus Ace 5 Series Launches, Setting New Performance Standards in the Industry
On December 26, 2024, OnePlus officially released the gaming experience flagship OnePlus Ace 5 series - OnePlus Ace 5 and OnePlus Ace 5 Pro.
Douyin to Launch Recommendation App Kesong
ByteDance's short video sharing app Douyin, the Chinese mainland version of TikTok, will launch a brand-new recommendation application called "Kesong."
7/6/20222 min read
Baidu Establishes Institute for Quantum Computing
Since the beginning of this year, quantum computing has attracted vast attention, with an increasing number of companies competing for leadership in the field. ...