While the West Hoards Toilet Paper, China Stocks Up on Facial Masks
The daily demand for masks is in the hundreds of millions, and there is a serious supply shortage.
Tag: #Featured
Showing 12 of 1104 posts with this tag
Hefty Price Tag of Apple’s AirPods Max Draws Less than Enthusiastic Response from China Internet Users
Apple on Tuesday unveiled its first set of over-ear headphones, the AirPods Max, in an attempt to boost holiday sales.
12/9/20204 min read
Huawei Could Hand Out 40 Billion Yuan in Cash Dividends to Staff: Report
Huawei Technologies will reward employee shareholders in cash dividends that could be worth at least 40 billion yuan ($6.2 billion).
Genki Forest Enters Coffee Market to Become the Biggest Shareholder of Never Coffee
Leading bottled beverage brand Genki Forest has become the biggest shareholder of Never Coffee, now representing 51% ownership in the specialty coffee and e-commerce platform.
Meituan Co-Founder Wang Huiwen's Chinese Version of OpenAI Receives Support from Wang Xing
On March 8, Wang Xing, CEO of Meituan, revealed that he would participate in the A round financing of Wang Huiwen's AI startup and serve as a director. Wang Huiwen retired as senior vice-president of the Chinese food delivery company in 2020.
Chinese Dota 2: A Game of Nostalgia and Belief
For some reasons, Dota did it. It has somehow been able to withstand the test of time and snowball into a bigger influencer in the gaming sector year after year. This peculiar phenomenon can be explained by the way the game was experienced by most Chinese gamers while they were growing up.
US Chip Designer Marvell to Begin Layoffs in China
Marvell, a US-based chip designer, has reportedly decided to dissolve all of its Chinese research and development (R&D) teams. Marvell had already undergone significant layoffs in China in October of last year.
Huawei Holds Autumn Full-Scene New Product Launch Event
On September 25th at 2:30 p.m. (Beijing time), Huawei's Autumn Full-Scene New Product Launch Event was held with great significance. Richard Yu, the Executive Director and CEO of Huawei's Consumer Business Group, delivered a speech.
Is Germany WeChat’s Backdoor to Western Consumers’ Wallets?
Lately I have been thinking about how Tencent’s WeChat can enter other markets. It has been a tremendous success in China with more than one billion users. Toge...
Market Regulators Fine Online Tutoring Giants Zuoyebang and Yuanfudao for Misleading Consumers
The Beijing Municipal Bureau of Market Supervision and Administration on Monday imposed the maximum possible penalty on online education platforms Zuoyebang and Yuanfudao for unfair competition and misleading consumers.
5/11/20212 min read
Meitu Launched AI Gift Money during Spring Festival and is Spreading Overseas Rapidly
During the Spring Festival, Meitu, an image processing app, launched an activity called “win money with face score”. Chinese Internet giants used AI (artificial...
Alipay Is Testing the Social Feature 'Interest Community'
Alipay is currently testing a social feature called 'Interest Community', which aims to help users discover interesting things and find playmates.