NIO Narrowed Net Loss to $629M in 2021
NIO Inc., a major player in the Chinese smart electric vehicle market, on Thursday announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021.
3/25/20223 min read
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OnePlus Cofounder Carl Pei to Unveil New Smartphone Model
A consumer technology startup established by OnePlus cofounder Carl Pei called "Nothing" is planning to launch its first smartphone next month.
China Esports Weekly: $7.7M HoK World Champion Cup Heads to Beijing Olympic Sports Center, Huya and Douyu Report Q1 Financial Results
Last week, the Chinese esports industry experienced some early summer heat that brought new changes to the scene, witnessing some significant esports announcements from the Beijing government.
5/21/20214 min read
The Three-Body Problem Movie Has Established An AI Team
The movie adaptation of 'The Three-Body Problem' is currently in the stage of polishing the script, and an AI team has been established in advance.
miHoYo Cancels Game Project Led by CEO
Chinese game developer miHoYo on November 24 announced the formal dissolution of Project SH, a game product led by Cai Haoyu, the co-founder and CEO of the firm and producer of Genshin Impact.
11/25/20223 min read
Xiaomi President Responds to Critics of Company’s Pricing Strategy
Chinese smartphone-maker and AIoT powerhouse, Xiaomi, has been under siege recently by internet users accusing the company of harming the image of China-made goods.
12/16/20192 min read
Social Metaverse Platform Oasis Receives Tens of Millions of Dollars in Financing
Oasis, an interactive social platform based in China and focused on the metaverse, recently completed a B round of financing worth tens of millions of dollars.
3/7/20223 min read
Xiaomi's Phase 2 Smart Factory Expected to Produce 10 Million High-End Mobile Phones Per Year
Lei Jun, founder of Xiaomi, said that the second phase of Xiaomi's Smart Factory is expected to be put into operation by the end of 2023, with an annual output of 10 million high-end smart phones.
8/2/20212 min read
Bytedance Acquires Online Medical Encyclopedia Baike Mingyi
TikTok-owner Bytedance on May 15 fully acquired online medical encyclopedia and healthcare service platform Baike Mingyi.
5/21/20202 min read
Sohu Launches Huyou And Joins China's Social Media War
Sohu CEO Charles Zhang announced on June 9 the launch of Sohu's new social media app named “Huyou” (lit. Fox Friends). The app has been independently developed for over a year before its official launch on Sunday.
Ep. 74: Ant Group: The biggest IPO…ever?
In episode 74 of Tech Buzz China, co-hosts Rui Ma and Ying Lu talk in depth about Ant Group, Alibaba’s financial affiliate, ahead of its upcoming mega-IPO.
9/16/202046 min read
Douyin Release 2021 Data Report Indicating User Preferences
On Wednesday, Douyin released its Data Report for 2021. The report shows the changes that have taken place on the platform in regard to user preferences, content creation, and economic value.