Su Hua, Chairman of Chinese short video streaming platform Kuaishou, reduced his holdings of 54,713,783 Class B company shares on January 18. Kuaishou responded that the proceeds will be used for charitable donations, cutting-edge technology and infrastructure investment.
Alibaba Group started its sixth annual Philanthropy Week on Tuesday with a series of online and offline initiatives across its businesses and new ways for the public to participate.
Shenzhen-based tech giant Tencent has scheduled its annual charity event, "99 Giving Day," to run from September 1-10.
On August 1, ByteDance's public welfare platform made a live presentation for its first "DOU Public Welfare Day" event to be held on September 5. However, the announcement has aroused doubts from insiders.
Chinese technology firm Tencent announced the launch of the first batch of its 50 billion yuan ($7.74 billion) 'Common Prosperity' plan in a letter sent today to company employees.
On September 5th, Tencent launched Charity Day with the theme of common prosperity. The day marks one of the first of a batch of activities for its charity plan of 50 billion yuan launched in the month of August.
Tencent announces on Wednesday that its gaming division and charity organization are jointly launching a public welfare program. The program will offer 100 classrooms and 100 sports fields for urban and rural children.
Zhang Yiming, the 38-year-old founder of ByteDance, donated 500 million yuan to his hometown of Longyan, in Fujian Province. This is his latest donation amid government scrutiny of the education sector, the Longyan Education Bureau announced on Tuesday. In September last year, Zhang Yiming donated 10 million yuan to Yongding No.1 Middle School – which […]
During the first month of 2021, China’s esports industry witnessed noteworthy investments and developments. Here are the top stories of the final week of January 2021.
After a bitter offseason in the free-agent market despite winning an NBA championship, former NBA champion Jeremy Lin started a new chapter of his professional basketball career in China earlier last Sunday.