Bilibili Launches Video Editing App Bcut
Bilibili recently launched Bcut (Bijian), its first mobile app for video editing.
8/3/20201 min read
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Chinese Bubble Tea Chain Nayuki’s Tea Releases 2020 White Paper on Millennial’s “Drinking” Habits
On Dec. 3, Nayuki's Tea held its second “Tea Drinkers Summit" in Shanghai. At the summit, Nayuki released a white paper along with CBNData revealing young people’s beverage drinking habits in 2020.
12/8/20202 min read
Honor of Kings Becomes Most Profitable Mobile Game Globally in the First Half of 2019
According to Sensor Tower Store Intelligence estimates, Honor of Kings from Tencent is likely to remain as the top most profitable game globally in the first half of the year.
7/5/20192 min read
Alibaba's New CEO Eddie Wu: User Focus and AI Drive
Alibaba's newly appointed CEO, Eddie Wu, has established two strategic priorities: putting users first and driving AI.
9/12/20237 min read
The Rise, Fall, and Future of Chinese Money in Silicon Valley
When China’s uber-rich zero in on an asset class—be it Los Angeles mansions, French vineyards, or European soccer players—they can quickly drown it in cash. But...
Orange Electric Travel, A Didi and Li Auto Joint Venture, Files for Bankruptcy
On August 11, Orange Electric Travel, a Didi and Li Auto joint venture, added a new bankruptcy review case.
8/11/20222 min read
Landing Medical Completes D Round of Financing Worth $50 Million Led by Alibaba Health
This round of finaning was led by Alibaba Health and followed by Ether Capital. China Renaissance acted as the exclusive financial adviser to the deal.
11/10/20212 min read
Chinese E-commerce Platform Banned on Play Store for Selling Illicit Botox
Xiaohongshu, one of the world's largest community e-commerce platforms, has been banned from Google's Play Store.
7/30/20192 min read
Baidu CEO Robin Li Establishes Life Sciences Company BioMap for Diagnosis and Drug Development via AI
Life sciences company BioMap was formally announced on Sept. 25, led by Baidu CEO Robin Li as chairman and Baidu Ventures (BV) CEO Liu Wei as co-founder and CEO.
9/27/20202 min read
LGBTQ App BlueCity Reports Increasing Revenues and More Paying Users in Second Quarter Financial Report
BlueCity Holdings Limited (BlueCity), a leading Chinese online LGBTQ platform, reported increasing revenues and more monthly active users in its unaudited financial results for the second quarter ending June 30, 2020 released Wednesday.
8/26/20203 min read
Chinese Naturalized Olympians: Attaining Pride, Receiving Criticism and Carrying Hope
When Ailing Eileen Gu landed her first-ever official attempt at a four-and-a-half-rotation trick and thereby won the gold medal, related hashtags were soon among the top trends.
2/22/20227 min read
How An “Ordinary” Girl Got into Stanford through Bribery
“Today I just want to tell you guys that going to Stanford is not a dream. As long as you have a determined goal, and work hard for it, the dream will come true.” Zhao Siyu said in a live-streaming video. She encouraged viewers to share the video, so that more people would come to know her story and get inspired.
5/6/20195 min read