Alibaba CEO Zhang Yong Resigns as Weibo Director
Leading Chinese microblogging platform Weibo announced on Monday that Zhang Yong, CEO of Alibaba, has resigned from the position of company director with immediate effect.
1/11/20222 min read
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Tencent Receives $170,416 in Compensation from Lawsuit Regarding Trading Wechat Accounts
Tencent recently sued a website's operating company for unfair competition and received 1.09 million yuan ($170,416) of compensation.
Leading HarmonyOS Developer Wang Chenglu Reportedly Leaves Huawei
Dr. Wang Chenglu, the leading pioneer of Huawei HarmonyOS and the Consumer BG Software Engineering Dept, has reportedly left Huawei.
5/23/20222 min read
JD.com Releases 2021 ESG Report
Chinese e-commerce giant JD.com released its "Environment, Society and Governance Report 2021" on Tuesday, outlining the company’s progress last year in the areas of developing green supply chains, boosting the real economy, and more.
5/24/20222 min read
Bankrupt Faraday Future Founder Responds to Dispute in Media Coverage Over Huge Amount of Family Claims
Jia Yueting announced that the $600 million claim declaration amount is the joint guarantee debt of both his brother Jia Yuemin and himself.
3/16/20202 min read
XPeng and Volkswagen Co-Develop Tech; First Model Due in 24 Months
According to the latest statement, the focus of their joint effort will be on enhancing the CMP and MEB platforms of Volkswagen vehicles produced in China.
As China Remains Under Quarantine, Luxury Sales Take a Knock
Nike, Adidas, and Capri Holdings, owner of luxury brands Versace, Jimmy Choo, and Michael Kors, have all warned investors this week that as the coronavirus grips China, sales could take a hit.
2/11/20205 min read
Douyin Adjusts Organization Scheme as MAUs Grow Slowly in 2021
Chinese media outlet 36Kr reported on Monday that the domestic version of TikTok, Douyin, has recently restructured its organization scheme.
11/2/20213 min read
Jack Ma: Embrace Technology to Solve Problems Instead of Fearing Machines
Humans understood less than 10 percent of their own brains, and it will be a long time before machines can surpass man. That was Alibaba Group Chairman Jack Ma'...
Agora Launches Quality and Vocational Education Solutions
Agora, a leading video, voice and live interactive streaming platform, released new online education multi-scenario solutions on Wednesday, spanning the fields of music, art, vocational education, programming and STEM.
5/13/20222 min read
China’s Education Ministry Sets up New Department to Supervise After-School Tutoring, Intensifying Efforts to Curb Booming Private Education Sector
The Chinese Education Ministry announced establishment of a new department to oversee after-school tutoring amid Beijing’s ongoing crackdown on China's burgeoning private tutoring industry.
6/16/20213 min read
Mobike Just Landed Washington, D.C.
On September 20, Mobike made its way to Washington, D.C., officially landing on the North American market. It also marks that Mobike featured Chinese creativity...
9/22/20173 min read