SF Express Tests New Unmanned Delivery Drone
SF Express Co., Ltd, China's biggest delivery service company, completed a public test flight on Oct. 16 with its new unmanned delivery drone, named Feihong-98,...
10/17/20182 min read
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Alibaba Shares Plunge Most Ever after Monopoly Investigation Announced
Alibaba Group Holding’s U.S.-listed shares plunged 13.3% to $34.18 on Dec. 24, after news broke that the e-commerce giant will be investigated by anti-trust regulators.
Xiaomi's Former India Managing Director Summoned for Investigation
India's federal financial crime fighting agency has summoned a former head of Xiaomi Corp's India operations to investigate whether the company's business practices complied with the country's foreign exchange laws.
4/13/20222 min read
Li Auto’s Affiliate Establishes a New Subsidiary in Sichuan
According to Qichacha APP, an affiliate of automaker Li Auto, Leading Ideal HK Limited, has set up a wholly-owned subsidiary in Sichuan province.
5/17/20222 min read
Binance Takes Lead in Size of Bitcoin Reserves
Data from analytics site CryptoQuant recently revealed that Binance has surpassed Coinbase Pro, a leading crypto exchange platform, to reach the top rank in terms of Bitcoin reserves on the exchange for the first time.
Ep. 72: What makes TikTok tick: A dialogue with Eugene Wei
Episode 72 of Tech Buzz China features product expert Eugene Wei in conversation with our co-host Rui Ma on the timely topic of TikTok and the mechanics of what makes the app so successful.
8/17/202062 min read
Alibaba International Digital Commerce Group Unveils Winners of 2023 Global E-commerce Challenge
Talented young minds from universities in China, Spain and Singapore have been hailed as winners of the 2023 Alibaba Global E-commerce Challenge organized by Alibaba International Digital Commerce Group (AIDC) after a series of rigorous competitions.
5/4/20233 min read
China Aims to Become Global Leader in Blockchain by 2025 as Cryptocurrency Crackdown Widens
China’s top telecommunications and Internet regulators on Monday unveiled new guidelines aimed at transforming the country into a global leader in blockchain technology by 2025, as authorities continue to impose curbs on domestic cryptocurrency production.
6/9/20213 min read
Another Bike Sharing Company Bites the Dust: Employees Say Bluegogo is Gonegone
On November 15, Bike sharing company Bluegogo employees posted on a professional social platform that Bluegogo had been disbanded, and it will continue to defau...
Tencent Music Entertainment Releases Q2 Financial Results, Lands New Cooperation with Universal Music
Tencent Music Entertainment Group (TME), China’s biggest online music entertainment platform and Universal Music Group (UMG), today announced a multi-year extension of their licensing agreement.
8/11/20202 min read
Collectible Handicraft E-Commerce Platform Weipaitang Eyes Hong Kong IPO
Weipaitang, an online auction platform for collectible handicrafts, submitted application materials for a public listing on the HKEx on Wednesday. The exclusive sponsor is CICC.
5/26/20222 min read
Baidu Sued Former Executive for Damaging Trade Secrets
Competition in the field of driverless cars is intense, and Baidu is suing its former senior executive. On the morning of December 22, Baidu filed a complaint ...
12/23/20173 min read