Alibaba Beats Q2 Estimates as Revenue Soars
Alibaba Group saw a robust total revenue growth of 40% year-on-year and a rise in mobile MAUs (monthly active users) to 785 million.
11/2/20193 min read
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Eclipsed by Its Predecessor, Double 12’s Statistics Revealed
Compared to the grand scale of the Double 11 shopping festival, Double 12, which took place on Dec. 12, appeared to be more low-key without ubiquitous campaigns and great discounts.
12/14/20202 min read
Russia Asks TikTok to Lift Restrictions on Video Recording of Putin's Speech
Russian authorities have asked the management department of TikTok, a short video platform owned by ByteDance, to lift the restrictions on the video recording of Russian President Vladimir Putin's speech.
3/10/20221 min read
Mobike Reached Strategic Partnership with Shouqi Limousine & Chauffeur
One account can be used in both Mobike and Shouqi Limousine &Chauffeur and which do you prefer, this combination or Didi +ofo? Today, Mobike announced its ...
Livecast #10: Richard Xu of Grandview Capital on Investing in Chinese Entrepreneurs Going Overseas "Chuhai"
Rui: Richard, thanks for being here. Could you give us an introduction about yourself? Richard: So first of all, it's my great pleasure to be here...
9/23/202119 min read
KK Group Launches Hong Kong IPO as Rapid Growth Continues
KK Group, a retail unicorn startup, submitted an IPO application to the Hong Kong Stock Exchange on Thursday.
11/5/20212 min read
ByteDance Establishes a Large Model Research Institute
Insiders reveal that several AI experts have already joined the large model research institute and will report directly to Zhang Yiming.
The National Radio and Television Administration calls for Strict Controls on "Idol" Programs
China's regulator on Tuesday proposed strict controls on so-called "idol cultivation programs", while focusing on the management of talent shows by monitoring the setting of voting procedures.
8/5/20213 min read
Vision System Developer Lanxin Technology Finishes B Round of Financing Worth Over 100 Million Yuan
Hangzhou Lanxin Technology announced its completion of Round B financing, amounting to over 100 million yuan ($15,695 million).
11/30/20212 min read
DJI Releases Mavic 3 Drone, Starting from $2169
DJI officially released the latest version in its Mavic series of aerial drones on Friday with prices ranging from 13,888 yuan ($2,169) to 32,888 yuan ($5,199).
11/5/20213 min read
Singulato Motors Completes New Round of Funding Close to $100 Million
Chinese electric vehicle (EV) maker Singulato Motors received a capital injection from Japan’s Itochu Corp amounting to nearly $100 million on October 12, according to Reuters.
10/12/20192 min read
China Esports Weekly: ByteDance Acquires Game Publisher Moonton, Morris Garages Partners With Bilibili Esports
Last week, China’s esports industry saw several new partnerships and a major acquisition by Beijing-based technology giant, ByteDance.