Zhang Yunfan Appointed As the Head of ByteDance's Gaming Business
ByteDance is re-entering the gaming industry, with Zhang Yunfan appointed as the head of ByteDance's gaming business.
Tag: #China
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China Plans to Send Its First Astronauts to the Moon by 2030
May 29, 2023 - China has announced its ambitious plan to send its first astronauts to the moon by 2030, marking a significant milestone in the nation's space exploration journey.
China's Mars Rover Zhurong Reveals Evidence of Liquid Water on Mars
The discovery of liquid water on Mars is significant for interstellar migration and the study of Martian climate evolution. Chinese researchers have found evidence of liquid water on Mars, formed from frost or snowfall, using data collected by their Mars rover Zhurong.
5/6/20232 min read
Chinese Ride-Hailing Platform T3 Travel Receives Driver Complaints
Nearly 100 drivers for T3 Travel, a Chinese ride-hailing platform, have reportedly gathered at the company's office in Nanchang, Jiangxi Province, asking the firm to return their vehicles.
5/25/20223 min read
Futu Holdings Limited 2020 Q3 Unaudited Financial Report: Gross Profit Soars by 314.1%
Futu Holdings Limited Thursday published its unaudited financial report for the third quarter ended Sept. 30, showing soaring gross profit and surging non-GAAP adjusted net income.
Blockchain Infrastructure Developer Rivtower Techonology Secures Pre-B Round of Financing
Rivtower Technology, a blockchain infrastructure development and service enterprise, announced on July 15 that it had completed a Pre-B round of financing worth several millions of yuan, led by Security Capital.
7/15/20222 min read
Baidu's ERNIE Bot Reduces Reasoning Cost by 90%
Recently, Baidu held a technical exchange meeting for Ernie Bot, which has been in internal testing for a month. The meeting revealed that Ernie Bot has completed four technology version upgrades and the cost of large model inference has been reduced to one-tenth of the original.
WeChat Refutes Reports of Being Asked to Reduce Its Market Share
The central bank of China has enacted a regulation, effective from May, that presents a stringent stance towards monopolistic practices in the financial sector.
Beijing Metro Fully Supports Scanning Code
Alipay's official account on Weibo announced that Beijing Yitongxing APP was officially launched, and users could buy tickets in the APP and collect tickets fro...
HP Denies 'Moving Half of PC Production Out of China'
HP denies moving half of its PC production out of China, stating that its PC manufacturing business in China remains significant.
XPeng G3i Ushers in OTA Upgrade
Chinese electric vehicle maker XPeng announced on July 5 that its G3i model ushered in an over-the-air (OTA) update in which functions which have often been requested by netizens are now provided.
7/8/20222 min read
Lidar Manufacturer Hesai Technology Decides to Sue US Department of Defense
Lidar manufacturer Hesai Technology strongly disagrees with the decision by the US Department of Defense to include them on the "Chinese military companies" list. They plan to sue the US Department of Defense to protect their legal rights.
2/8/20243 min read