Tencent Offers to Take Sogou Private, Sogou Shares Rise 43.5%
Shares of China’s second biggest search giant Sogou have jumped 43.5% after the company announced shareholder Tencent has offered a non-binding proposal.
7/28/20203 min read
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Tencent files lawsuit against Toutiao for 1 yuan
Tencent filed lawsuits in Beijing on Friday against Beijing Bytedance Technology Co Ltd, the owner of Jinri Toutiao and weiboshijie Ltd, parent company of Douyi...
BAI Capital Adds Partners, COO
On Friday, BAI Capital announced that from January 2022, William Zhao and Will Wang were promoted to partners of BAI Capital, while Christine Sun was promoted to COO.
1/14/20222 min read
Logistics Platform GOGOX to Go Public in Hong Kong
On April 24, Chinese logistics platform GOGOX submitted an application for a public listing on the Hong Kong Stock Exchange (HKEx). Its co-sponsors are CICC, UBS, BOCOM International and ABC International.
4/25/20223 min read
‘PUBG Mobile’ Overseas Revenue Reaches New High as COVID-19 Lockdown Continues
Tencent’s battle royale game PUBG Mobile recorded its best month yet in terms of overseas revenue, as lockdown orders continue to be enforced in many countries.
5/13/20202 min read
Top Chinese Basketball League Faces Major Challenges Amid Coronavirus Crisis
Among the many affected events, the Chinese professional basketball league is one of the major sports being disrupted.
2/17/20205 min read
Flying with Brown the Bear: DJI Launches its First “Characterized Drone”
DJI announced on August 6th its first “characterized drone,” a partnership product with LINE FRIENDS, adding fun to the drone technology. The new LINE FRIEND...
8/7/20182 min read
Is Son Heung-min Asia's Best Footballer?
For South Korean footballer Son Heung-Min, his performance for Tottenham Hotspurs this past weekend was more than extraordinary.
12/10/20194 min read
Tencent’s WeChat to Release Night Mode
Apple recently reviewed and updated their regulation, stipulating that for developers on iOS 13, their apps must support night mode before April 30.
3/10/20201 min read
Xiaomi Conducts Alpha Test of KEWUCOOL App to Compete for Designer Toy Market
Xiaomi has recently tested its app called 'KEWUCOOL' as a way to cater to young people's pursuit of fashion. This app is currently in the testing stages, and its registration and log-in requires an invitation code.
10/28/20213 min read
Virtual Game Assets Gain Attention as Many Blizzard Titles Prepare to Suspend Services in China
When a licensing deal between Activision Blizzard and Chinese game firm NetEase expires on January 24, 2023, many popular games such as World of Warcraft and Hearthstone will suspend services in mainland China.
12/5/20223 min read
Shenzhen Plans to Support the Listing of Unicorn Companies
Recently, the Shenzhen Development and Reform Commission has solicited opinions from the public on the plan to "accelerate the birth, expansion and prosperity of various market players in Shenzhen".
10/27/20212 min read