Lenovo Launches Three Budget Phones Starting at $115
Targeting the low-end smartphone market, Lenovo released three new phones S5 Pro, K5 Pro and K5s at its Beijing product launch event today. Prices range from $1...
10/18/20182 min read
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Lei Jun Became China's Richest Man
On February 26, Xiaomi Group surged nearly 6%, reaching a high of 56.8 Hong Kong dollars, with a total market value exceeding 1.4 trillion Hong Kong dollars, setting a historical record.
Trial Opens in Poisoning Case of YOOZOO Founder Lin Qi
On October 31st, the trial of Lin Qi, the founder of YOOZOO Interactive, who was poisoned to death, began.
11/1/20238 min read
Former Didi Executives Convicted for Accepting Bribes
Didi's former senior technical director in the basic platform department, an individual surnamed Yu, was convicted on Wednesday for accepting bribes.
12/31/20212 min read
New Oriental's Koolearn Online Learning Platform Files for IPO in Hong Kong
Koolearn Technology Holding Limited, an online education company under New Oriental Education & Technology Group Inc., filed for an initial public offering ...
7/18/20182 min read
NIO Inc. Completes 700 Battery Swap Stations, Accomplishing 2021 Target Ahead of Schedule
NIO Inc. announced on Friday that the company has completed the construction of 700 battery swap stations.
12/10/20212 min read
What Does Uber's IPO Mean for Didi? The War for Global Mobility Dominance
Almost three years after Didi emerged triumphant in the war for the Chinese market, the two ride-hailing companies have again clashed over emerging markets like Latin America. As Uber and Didi are at different stages in their development, with different strategies, the key question is: what's next in the race for global mobility domination?
Didi Prepares to Raise over $60B for 2021 Hong Kong IPO
China’s top ride-hailing firm Didi plans to raise $60-$80 billion for its initial public offering in Hong Kong in 2021 and is currently in contact with investment banks, including Goldman Sachs and JPMorgan Chase, according to LatePost.
Stay Patient, Stay Diverse: A Mobile Game's Road to Industry Legend
As the name suggests, Mobile Legends: Bang Bang has indeed become a legend in the mobile game industry five years after its launch.
Tencent Reportedly Gives Up Acquisition of Black Shark
News of Tencent's acquisition of Black Shark circulated in the market in January of this year, but the acquisition wasn't approved by relevant government departments, so Tencent has reportedly given it up.
5/12/20222 min read
Eileen Gu Ranks First in Top Ten World Athletes for 2022 from China's State Media, Surpassing Lionel Messi
On December 26, a state media outlet in China released its top ten world athletes of 2022. Eileen Gu, a US-born Chinese freestyle skier, beat Argentine professional footballer Lionel Messi, to win the top spot, which caused some doubt among Chinese netizens.
12/28/20223 min read
Allsaints Music Group Raises $60 Million in Series B1 Round
Hong Kong-based Allsaints Music Group announced on Tuesday that it had raised $60 million in a Series B1 round of financing. CMB International and OPPO led the round, followed by Xiaomi and Huiyou Capital.
8/24/20212 min read