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Alipay Launches New Function to Prevent Minors From Game Addiction

Recently, online payment platform Alipay launched a new function called “Game Lock”, which can help parents monitor their children's the game payments and game play duration.

IBM: The Closure of the China R&D Department is Final and Irreversible

IBM CEO stated in an internal online meeting for IBM employees worldwide that the closure of the China R&D department is a done deal and cannot be reversed.

iQOO to Be Merged with Vivo to Reduce Costs and Increase Efficiency

Chinese smartphone company vivo's independent sub-brand iQOO will soon cancel its independent operation mode and merge back with the vivo brand.

Canalys: Xiaomi Ranks First in Indian Smartphone Market in 2021

Canalys, a research organization, released the list of smartphone sales in India in 2021 on Tuesday. Xiaomi ranked first, Samsung ranked second, followed by Vivo, realme and OPPO.

Ant Group’s Micro-Lending Platforms Adjust Quota Management Functions

Huabei and Jiebei, two micro-loaning platforms of Ant Group, have launched a quota management function to advocate rational consumption.

Astronaut Wang Yaping Plays Guzheng in Space to Celebrate Chinese Lantern Festival

Astronaut Wang Yaping, who is still on a space mission, played a song entitled “Molihua" (Jasmine) with a guzheng and sent holiday blessings from the space station.

Bitcoin Miners Flees China amid Crypto Crackdown

CBA Weekly Overview: Is O.J Mayo ready to return to the NBA?

Chinese Basketball Association tournament has returned, but the prepared return of O.J Mayo to the NBA is uncertain.

Five Chinese Group-Buying Platforms Fined 6.5M Yuan ($1M) for Improper Pricing

China’s market regulator has imposed fines totalling 6.5 million yuan ($1 million) on five community group-buying platforms affiliated with leading domestic internet companies, on allegations of price dumping and cheating.

WeRide Offers First-time Robotaxi Rides to Hundreds of Passengers During Golden Week

Chinese autonomous driving company WeRide offered hundreds of passengers their first-time robotaxi rides through the WeRide Go App and Alibaba’s Amap within the 144-square-kilometer operating area in Huangpu District in Guangzhou during the 8-day national day holiday.

Xiaohongshu, Source of Lifestyle Inspiration for Chinese Youth, Is Walking Fine Line between Commercial Success and Sense of Community

As one of China's fastest-growing social shopping platforms, Xiaohongshu is trying to develop a sustainable business model which realizes genuine profits while maintaining the authenticity of its content as well as users’ desire to engage and share.

Didi Denies Going Private, Pre-Market Price Soars 50%

On the evening of July 29th, the Wall Street Journal reported that Didi, an online ride-hailing company, was considering privatization to appease the dissatisfaction of Chinese authorities. The report said that the company would also compensate investors for losses incurred by the company's listing in the United States a month earlier. Didi later denied this report on its official Weibo channel. Prior to that time, the company's pre-market share price spiked 50%.