
Major Tencent Shareholder to Reduce Stakes For Buyback Plan
Tencent released an announcement on Monday at the Hong Kong Stock Exchange, stating that the company's major shareholder, Prosus, which is mostly owned by Naspers, would sell its shares.
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Tencent released an announcement on Monday at the Hong Kong Stock Exchange, stating that the company's major shareholder, Prosus, which is mostly owned by Naspers, would sell its shares.
Huobi Global, a leading crypto exchange, has agreed to be purchased by Hong Kong-based investment company About Capital Management (HK) Co., Limited. Leon Li, Founder and CEO of Huobi, will no longer serve as the shareholder and actual controller of the company.
On Wednesday, Zhizu Power Exchange, an intelligent power exchange enterprise for electric two-wheel vehicles, announced the completion of a B round financing worth 110 million yuan ($17.2 million).
Vivo revealed its new Android operating system OriginOS at the 2020 Developer Conference. OriginOS offers an array of original features and different customization options.
Lei Jun stated at the 16th China-ASEAN Expo which kicked off on September 21 that Xiaomi’s overseas business is now covering all 10 ASEAN countries.
With the price war among Chinese fuel vehicle brands accelerating, there are signs of a price reduction trend for new energy vehicles as well.
The world's largest drone manufacturer DJI is planning to strengthen its U.S. presence by promoting cooperation with local government agencies and building a new plant in the country.
Lei Jun, founder of Xiaomi, one of China's biggest Internet technology companies, said on Wednesday that the company had started hiring experts in the field of autonomous driving with the first batch of 500 technicians to develop the autonomous driving ability for its L4 line of vehicles.
Remember the unmanned ground sweeper landed in Changsha, Hunan last week? On May 18, Cowarobot acquired 135 million yuan ($21 million) in its Series B financin...
Mobile games “PUBG Mobile” and its Asian market equivalent, “Game for Peace”, have now grossed $1.5 billion in global revenue on both the App Store and Google Play store.
The China Foreign Trade Centre confirmed Thursday that China's tech giant Tencent has become the technical service provider for the 127th Canton Fair.
SaaS service provider China Youzan has launched its first round of layoffs this month. The first employees to be cut are product and technology R&D staff.