In 2022, only 468 new games obtained approval from Chinese authorities, far less than the 679 approved in 2021. The tightening domestic game market forced NetEase to develop operations in overseas markets.
A BYD affiliate intends to order eight ships capable of carrying 7,700 cars in Shandong Province, with a total cost of nearly 5 billion yuan ($688 million). Among them, six ships are determined to be built, while the other two ships are optional.
Finland-based cryptocurrency arbitrage platform Mosdex has raised $20 million in a Series A financing round, to be implemented for global expansion plans.
According to a report released by SEMI, the global sales of semiconductor manufacturing equipment surged in 2021, increasing by 44% from $71.2 billion in 2020.
During this year's Mobile World Congress (MWC 2022) held in Barcelona, Guo Ping, Rotating Chairman of Chinese telecommunications giant Huawei, delivered an online speech.
The economic recession triggered by the coronavirus pandemic has spawned a global cohort of newly budget-conscious consumers, which has given a push to low-priced retailers such as Miniso.
In last week’s China VC news, Moore Threads raked in a mind-boggling pre-A round just 100 days after its founding, ECARX raised $200 million and Ocean Link secured commitments for a new fund.
On March 1, Alibaba’s logistics service Cainiao Smart Logistics Network (Cainiao) announced a partnership with Saudi Arabian airfreight flag carrier Saudia Cargo.
Walmart and TikTok announced this morning that they will co-host the first “shoppable” live-stream event on TikTok on Dec. 18, at 8 p.m (EST).
Trip.com Group on Oct. 29 kicked off the Global Partner Summit in Chengdu, over 2,600 attendees from the tourism industry to witness how the company bolstered the recovery of global travel industry amidst the Covid-19 pandemic.
Didi Chuxing, the world’s leading mobile transportation and convenience platform, today offered its ride-hailing services in Russia, its first Eurasian market.