Tencent Cloud to Launch Lightweight Tools
At the first Techo Day held on Tuesday, Internet giant Tencent released a series of developer-friendly products.
6/28/20222 min read
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EV Maker NIO to Spend $850M to Purchase 3.305% of Subsidiary
Leading Chinese electric vehicle manufacturer NIO Inc. said on Feb. 4 that it will spend 5.5 billion yuan (approximately $850 million) to purchase 3.305% of its subsidiary entity NIO China from two investors.
2/5/20212 min read
CATL Denies Large Input of Natural Graphite
A recent report said that "a brokerage firm finds that a leading company in the lithium battery industry is massively promoting natural graphite." CATL denies it.
10/26/20213 min read
Honor 70 Smartphone Series to Be Launched May 30
Chinese smartphone brand Honor announced on Wednesday that the new Honor 70 series will be released at 19:30 on May 30, also showing the products' design with the release of a promotional video.
5/18/20222 min read
Douyin and iQIYI Agree to Content Licensing Cooperation
On July 19, Baidu-backed video streaming platform iQIYI and ByteDance's short video app Douyin announced a new cooperation, under which the two sides will jointly explore secondary creation and the promotion of long video content.
Taiwan to Expel Mainland Streaming Services IQIYI and Tencent Video by September
Taiwan authorities are closing a regulatory loophole to block mainland tech companies including Tencent Holdings and Baidu from offering video streaming services on the island.
8/19/20202 min read
Huawei's Hubble Investment Registered as Private Placement Manager
Hubble Technology Investment Co., Ltd., a subsidiary of Huawei, completed the registration of private equity fund managers on January 14, 2022.
1/19/20223 min read
Sunwoda Subsidiary Establishes Power Battery Joint Venture
Power battery manufacturer Sunwoda announced on June 17 that its subsidiary Sunwoda Electric Vehicle Battery Co., Ltd. (Sunwoda EVB), jointly invested with other two vehicle makers, is setting up a joint venture company.
6/20/20223 min read
Tencent's Stock Dives Amid Criticism of 'Addictive' Mobile Game
Tencent's stock plunged more than 4 percent on the Hong Kong Stock Exchange after it rolled out tough restrictions on King of Glory, its popular online game, on...
7/7/20172 min read
Kingsoft Cloud Earned 2.41 Billion Yuan in Q3, Up 39.6% YoY
Kingsoft Cloud released its financial report for the third quarter of 2021, disclosing total Q3 revenue of 2.41 billion yuan ($377.39 million), up nearly 40% year-on-year.
Bilibili Denies Leak of User Accounts and Phone Numbers
A screenshot of an offer to sell more than 220 million pieces of user data obtained from Chinese video community Bilibili was circulated on the Internet. A Bilibili spokesperson denied the user data leak rumor on July 8.
7/8/20222 min read
BYD Song L DM-i Model Official Images Releases
BYD has released the official images of its Song L DM-i model, which is equipped with the fifth-generation DM hybrid system.