TikTok Is Testing Local Lifestyle Services in Indonesia and Thailand
TikTok is testing its local lifestyle business overseas, with the first stop being Southeast Asia. Currently, the business has launched in Indonesia and Thailand.
Tag: #Featured
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Shares of Xpeng Rise 1.8% in Hong Kong Dual Primary Listing Debut
Xpeng’s shares rose 1.8% at the opening of trading to reach 168 Hong Kong dollars a piece, as the company carried out a dual primary listing on the Hong Kong Stock Exchange.
Geely in Talks to Sell Zeekr EVs at Home Appliance Giant Haier's Stores: Report
Geely Automobile Holdings is in talks with home appliance manufacturer Haier Group to sell the first model of its new electric vehicle (EV) brand at the latter's stores, according to Chinese media.
Luckin Coffee to Pay $180M Penalty in Settlement with SEC
On Dec. 16, the SEC announced that the accounting-fraudulent Luckin Coffee Inc. agreed to pay a $180 million penalty for previous charges concerning the company’s fabricated transactions.
12/17/20202 min read
California Governor Visits Tesla's Shanghai Gigafactory
On October 29th, Governor Gavin Newsom of California, who is currently visiting China, visited the Tesla Gigafactory in Shanghai.
What You Need to Know About China’s Soaring Household Debt
China’s household debt to income ratio rose threefold from 30% in 2008 to 92% in 2019. Here is what it could mean for China’s economy.
Inside the Chinese “Idol Factory”: Rethinking Modern Female Narration on TV
2020 marked a special year for women in the Chinese entertainment industry. With trending female talent shows, the discussion about representation and inclusion of diverse female figures is finally coming to light.
12/4/20206 min read
BYD Unveils Multiple Car Models Including YangWang U8 at Auto Shanghai
On April 18th, the 20th Shanghai International Automobile Industry Exhibition officially opened. BYD debuted multiple models including: YangWang U8, Song L concept SUV and BYD Seagull.
QR Code: A Covid Innovation in The U.S., A Lifestyle in China
The basic application of QR Codes includes adding new contacts, making payments, and of course, placing orders in restaurants. But it can do so much more.
8/30/20214 min read
Joyy Shares Tumble 26% after Research Firm Calls it “a Multibillion-dollar Fraud”
Shares of Chinese social media and entertainment site Joyy Inc. plunged more than 26% after a research firm accused it of being a “multibillion-dollar fraud”.
ByteDance's Education Business Conducts Mass Layoffs
The education business within ByteDance has reportedly undergone significant adjustments, including the laying off of about 3,000 employees.
6/20/20222 min read
American and Chinese Private Sectors Rush to Aid Global COVID-19 Response
United StatesHealth and Human Services Secretary Alex Azar acknowledged in a press conference on March 15 that the US should try to adopt some of the measures used by China to combat COVID-19.
3/23/20205 min read