coronavirus Archives

Alibaba Health-Backed LinkDoc Technology Files for US IPO, Sending Ripples through China’s Online Healthcare Sector

Chinese medical data company LinkDoc Technology filed paperwork on Monday to list shares in the US, as China’s digital healthcare industry continues to grow in the wake of the coronavirus pandemic.

Logistics Firm Lalamove Close to Raising $1.5b in Fresh Funding, Reaching $10b Valuation: Report

On-demand logistics and delivery company Lalamove is close to completing a $1.5 billion financing round that would bring its valuation to around $10 billion, according to Chinese media.

TikTok to Add More Jobs Across Europe

US buffeting hasn’t stopped TikTok from flourishing in Europe, especially when the second wave of coronavirus has sent a large part of Europe back into lockdown.

Alibaba’s Freshippo to Test all Shenzhen Employees After Staff Member Tests Positive

Alibaba’s fresh food chain Freshippo has shut 21 of its Shenzhen stores to disinfect stores and perform nucleic acid tests for all employees and products.

Has Covid-19 Shown that EdTech Can Close China’s Education Inequality Gap?

Whilst efforts are being made to reduce educational inequality via EdTech, just how effective these policies and initiatives will be remains to be seen.

COVID-19 Takes a Toll on China’s Beer Industry, but There Is Still Hope

On May 7, Budweiser Asia Pacific announced its unaudited Q1 2020 financial results. The company’s revenue in Q1 fell by 39%, while its revenue in the Chinese market fell by as much as 45.4%.

Chinese Smartphone Brands Pushing to Stay Afloat as India Goes into Lockdown

On March 24, Indian Prime Minister Narendra Modi announced a 21-day lockdown to curb the spread of the COVID-19 epidemic that officially started on April 25.

Airbnb China to Lay Off Employees As 25% Workforce Cut Globally

American tourism experiences platform Airbnb is laying off about 25% of its workforce as the COVID-19 pandemic halts the travel industry and threatens the company's core business.

China’s E-commerce Giants Rush to Provide COVID-19 Tests as Economic Operation Restarts at Home

China's e-commerce platforms, including Alibaba, JD.com, and Pinduoduo, recently started reservations for COVID-19 testing in multiple cities.

Food Delivery Platform HungryPanda Aims to Satisfy Chinese Appetites Overseas Amid Coronavirus

Food delivery platform HungryPanda emerged as one of the key players in the past few years, specializing on Chinese food overseas, as large Western platforms have not yet added Chinese restaurants to their networks on a large scale due to cultural barriers or expensive commissions.

Alibaba Unveils Alibaba Cloud Meeting, Vying for Market Share with Tencent

Alibaba introduced a fresh video-conferencing application Alibaba Cloud Meeting to further enhance the experience of remote work for companies.

Coronavirus: Compared to China, Why Does The U.S. Lack Control?

Currently, the number of infected people in the United States is eight times more than that in China. Why is the US response to the virus such a spectacular failure?

Tencent Becomes Tech Service Provider for First Online Canton Fair

The China Foreign Trade Centre confirmed Thursday that China's tech giant Tencent has become the technical service provider for the 127th Canton Fair.

ByteDance to Hire 10,000 Employees Worldwide Amid Global Economic Downturn

Beijing-based ByteDance has started a recruiting spree in the middle of coronavirus tumult, opening 10,000 positions globally.

Online Psychotherapy Might Be Key to Sanity Amid COVID-19

At a time when personal meetings are discouraged, and many people are unable to find help, online psychotherapy has emerged as a phenomenon that could not only help us survive the quarantine but also democratize psychotherapy forever.

Ep. 65 (Extra Buzz Special): Luckin’s Luck Ran Out

Episode 65 of Tech Buzz China is a special one — a reading of the seventh issue of Extra Buzz, our new biweekly newsletter written by co-host Rui Ma.

China’s Two Inactivated Vaccine Candidates Ready for Clinical Trials

Two inactivated vaccine candidates have been approved for clinical trials in China to combat the widespread COVID-19 outbreak, Xinhua reported today.

Haidilao Apologizes for Price Hike After Reopening

Chinese hotpot chain Haidilao has been in the middle of a controversy after hiking up prices to offset the damages caused by the COVID-19 epidemic.

Most Downloaded Chinese Social Media Apps in India During COVID-19 Lockdown

People are flocking to all sorts of social media apps to kill time while being unable to leave their homes. Some Chinese apps have emerged as the most downloaded social media apps in India.

Marriage or Divorce? COVID-19 Reshapes the Intimacy of Chinese Couples

Impacted by the strict quarantine rules, the daily lives of Chinese couples has flipped upside-down.

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