Tencent's Net Revenue and Profit Declines in 2022, Q4 Net Profit Increases By 19%
Leading Chinese tech firm Tencent released its 2022 Q4 and full-year financial report on March 22.
3/22/20234 min read
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Fashion Phone Case Brand MakerMaker Secures Tens of Millions of Yuan in Round-A Financing
MakerMaker, a fashion phone case brand, announced today its completion of round-A financing in which it secured tens of millions of yuan, with Xiaomi and Shunwei Capital as investors.
12/30/20212 min read
Could Baidu and Geely's Tie-up Challenge Tesla's Dominance in China?
It’s official: China’s largest search engine and China’s largest private automaker are joining forces.
1/20/20219 min read
PICO 4 Pro VR Headset Available for Preorder, Starting from $553
On April 12, PICO, a VR device company under ByteDance, announced that its latest PICO 4 Pro VR all-in-one headset has started pre-sale in the Chinese market.
4/12/20232 min read
Kai-Fu Lee Talks AI Applications and Opportunities for China at GMIC Beijing 2018
The 10th Global Mobile Internet Conference (GMIC) Beijing opened on April 26, the theme of this year's conference is AI Genesis. Kai-Fu Lee, CEO of Sinovation V...
5/2/20183 min read
Huawei P40 Launch Confirmed, But No Google Services
Huawei CEO Richard Yu confirmed the launch date for the upcoming Huawei P40 and P40 Pro handsets.
12/18/20192 min read
TikTok Parent ByteDance Dispels Rumors Around Acquisition of BlueFocus
Beijing-based ByteDance as clarified rumors regarding the acquisition of Chinese marketing and brand management services provider BlueFocus.
6/18/20201 min read
Mixue's Funding Subscription Exceeds HK$1.77 Trillion, Becoming A Phenomenal IPO
As of February 26, Mixue's financing subscription amount exceeded HK$1.77 trillion, setting a historical record for Hong Kong stocks.
2/26/20252 min read
New Solution for Assisted Driving: Sensing Takes Precedence Over Mapping
At present, there are two main types of urban navigation assisted driving systems in China. One of them is the "multi-sensor fusion + high-precision map" scheme, while the other is the "sensing takes precedence over mapping" approach.
9/20/20224 min read
ABCDE Co-founder BMAN: Do the Right Thing
In June, BMAN announced he has teamed up with Jun Du, the cofounder of Huobi, to launch a $400 million fund named ABCDE. In this interview, BMAN recalls his past 10 years in the crypto world and introduces what ABCDE is trying to do.
8/4/202217 min read
Ni Xingjun Steps Down From Ant Group Blockchain Company
Ant Group Blockchain Technology (Shanghai) Co., Ltd. issued an official change on August 3 to its registration with China's Industrial and Commercial Administration, switching its legal representative from Ni Xingjun to Zou Liang.
8/8/20222 min read
Starbucks’ Real Rival in China is not Luckin Coffee, It’s Bubble Tea
It seems like any person at least moderately familiar with China would know that it’s a realm of tea.