In China, McDonald's and KFC are fighting for a larger slice of the domestic pie
After nearly three decades of fighting, the competition between KFC and McDonalds in China is likely to heat up, because of its newly gotten “Chinese” identity....
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Around 10 Tencent Products Now Halted for Several Months
In August, two apps operated by Shenzhen-based tech giant Tencent were officially shut down. Up until August this year, roughly 10 well-known products or applications have been officially given up by Tencent.
8/17/20224 min read
Ep. 12: Bitmain - the Most Valuable Crypto Company in the World?
As a TechBuzz China listener, you must be at least a little bit crypto-curious. This week on TechBuzz China, we talk in-depth about Bitmain, the most valuable c...
7/4/201818 min read
Leapmotor's Founder Resigned
Wu Baojun, the co-founder and president of Chinese EV manufacturer Leapmotor, has resigned. Leapmotor will no longer have a president position.
1/23/20241 min read
DeepSeek Unveils New Research on Sparse Attention Mechanisms
What sets NSA apart is its hardware-aligned design, which ensures optimal utilization of modern computing hardware, enabling ultra-fast training and inference even for long-context tasks.
CEO of TME: Staff Departure Is for Organizational Adjustment
Before the Spring Festival this year, QQ Music held an internal annual meeting. Liang Zhu, CEO of Tencent Music Group, said that staff departure was the requirement of organizational adjustment.
3/2/20222 min read
Alibaba to Launch Taobao Buy, A New Mixed Reality Shopping Experience
Taobao, Alibaba's e-commerce subsidiary, will launch a brand new product this year called Taobao Buy (Taobao Maia). It is incorporated with mixed reality (MR) t...
8/9/20182 min read
These Chinese Apps are Growing in Popularity in India
India has become the world’s fastest-growing mobile application market over the past few years. With more than 1.3 billion potential consumers, the Indian app market is attracting lots of attention as a huge opportunity for app growth. Thus, Chinese apps such as TikTok, Helo, LIVE, UC Browser, backed by China’s tech giants, have managed to gain popularity in India.
4/4/20195 min read
Xiaomi Founder Lei Jun Visits FAW for In-Depth Talks on Carmaking Partnership
The founder of Chinese electronics giant Xiaomi, Lei Jun, has recently visited the headquarters of automaker FAW Group in northeast China's Jilin Province for in-depth talks on a vehicle-making partnership.
9/13/20213 min read
NIO Sees Large Increase of Net Losses in Q2
NIO, a leading company in the premium smart electric vehicle market, reported total revenues of 10,29 million yuan ($1,536 million) in the second quarter of 2022, representing a year-on-year increase of 21.8%.
9/7/20222 min read
Xiaomi Surpasses Apple to Become World's No.2 in Smartphone Shipments for Q2 2021
Chinese electronics company Xiaomi has taken second place from Apple in the global smartphone shipments ranking during the second quarter of 2021, according to Canalys.
VIPKid Launches Bilingual Courses on 'Intangible Cultural Heritage'
VIPKid, an online English education platform for children, plans to launch bilingual courses on 'intangible cultural heritage' in the near future. The course will cover eight topics.
8/16/20213 min read