China's Top Market Regulator Bans Merger of Tencent's Video Game Streamers Huya, DouYu
China's market regulator on Saturday blocked tech giant Tencent's merger of Huya and Douyu, two videogame streaming platforms.
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Mi 10 Officially Launched Featuring Snapdragon 865
Chinese smartphone maker Xiaomi live-streamed an online launch event on February 13 to debut their flagship Xiaomi Mi 10 smartphone.
2/13/20202 min read
Chinese Retailer Ranks Among Top 10 Retailers Globally
The Top 250 global retailers generated an aggregated revenue of $5.11 trillion in the fiscal year of 2020 ending within the 12 months from July 1, 2020 to June 30, 2021, representing composite growth of 5.2%.
3/3/20222 min read
Tencent Hunyuan AI Large Model Starts Internal Testing
Tencent's self-developed 'Tencent Hunyuan AI Large Model' has entered the internal testing phase. Several Tencent employees have reported receiving internal emails inviting them to experience the Tencent Hunyuan AI Large Model through webpages or mini-programs. Multiple Tencent business units have also integrated the Tencent Hunyuan AI Large Model for testing.
8/3/20233 min read
Chixin Semiconductor Releases China's First Commercial Ultra-Wideband Chip: CX300
Chinese computer chip firm Changsha Chixin Semiconductor Technology Co., Ltd. announced on Wednesday that it will launch its first commercial ultra-wideband (UWB) chip: the CX300.
12/16/20212 min read
Installation of China's First Commercial Spacecraft Launch Site Starts in Hainan
Installation of equipment at a station for China's first commercial spacecraft launch site started on January 29 in Wenchang, a city in China's southern island province of Hainan. The site is scheduled to complete work by the end of this year.
1/30/20233 min read
TikTok Sister App Douyin Reaches Cooperation with Food Delivery Platform Ele.me
On August 19, Ele.me, a food delivery platform, and ByteDance's Douyin, jointly announced a cooperation deal. The two sides will work together to explore offerings of local life services while helping to connect merchants and consumers.
8/19/20222 min read
CMGE Technology Launches Youyu Art Digital Collection Platform
Youyu Art, a distribution platform for digital artwork copyright, announced its official launch on Monday.
Alibaba, Tmall and JD.com Report Record Sales of 1 Trillion Yuan on 618 Shopping Festival
This year’s 618 Mid-year Shopping Festival ended Thursday, with record sales of trillions of yuan from multiple online retail platforms.
6/19/20202 min read
IKAS Industries Finishes B Round of Financing Worth Over 100 Million Yuan
IKAS Industries Co., Ltd. announced its completion of a Series B financing round worth more than 100 million yuan ($16 million).
12/28/20212 min read
OPPO Becomes First Global Smartphone Partner of League of Legends Esports
On September 29, OPPO became the exclusive official global smartphone partner for League of Legends esports international events, announced by Riot Games.
9/30/20192 min read
Defendant in ETH Theft Case in China Sentenced to Over 10 Years in Prison
The defendant in a cryptocurrency theft case in Southeast China has been sentenced to 10 years and six months in prison and fined 200,000 yuan ($28,240).