For First Time, Chinese Companies Outnumber US Ones on Fortune Global 500 List
In a first, China has surpassed the US in having the most Fortune Global 500 companies.
8/11/20203 min read
Tag: #Internet company
Showing 12 of 69 posts with this tag
Online Recruitment App BOSS Zhipin Rumored to Complete New Round of Financing
Chinese tech media 36Kr reported that online recruitment app BOSS Zhipin has recently completed a new round of financing, raising close to $100 million.
ByteDance to Disband Investment Team
Chinese Internet company ByteDance plans to disband its investment business as a whole, involving about 100 employees.
1/19/20223 min read
Alibaba CEO Zhang Yong Decentralizes Power Within Firm
People familiar with the matter have indicated that Zhang Yong, CEO of Alibaba Group, is delegating power to the heads of various business departments of the company.
11/29/20212 min read
Enterprise Training SaaS Firm CoolVision Technology Wins Several Hundred Million Yuan in B-Round Financin
The round was led by Source Code Capital and Cathay Capital Private Equity, followed by Qiming Venture Partners, Yunqi Partners and Toutoushidao Capital.
11/8/20212 min read
Internet Firm 2345 Network Sets Up Partnership With CATL
Shanghai-based internet company 2345 Network Holding Group announced on Thursday that its wholly-owned subsidiary has recently invested in a partnership alongside institutions such as battery giant CATL and Guoce Capital.
5/6/20222 min read
Alibaba Responds to Establishment of "Yuanjing Shengsheng": Future Business Related to Metaverse
According to enterprise information inquiry platform Qichacha, Chinese e-commerce giant Alibaba set up a wholly-owned subsidiary called "Yuanjing Shengsheng" on Monday.
12/8/20212 min read
NetEase Releases Q2 Report Unveiling Gaming Success
On Aug. 7, NetEase, one of China's leading internet and online game services providers, announced its unaudited financial results for the second quarter ended June 30, 2019.
8/8/20193 min read
ByteDance Admits Downsizes to Commercialization Team
Since the end of 2020, Chinese Internet giant ByteDance has continuously adjusted the organization structure and business scope of its commercialization team, and many team members were laid off this month.
10/19/20212 min read
TikTok's Parent Company ByteDance to Sell Securities Business
ByteDance is planning to shrink its financial businesses including selling the stock broking business in China.
9/1/20212 min read
Snapshots of China’s Internet Sector in 2021
In December, people's social media was flooded with two explosive pieces of news: the massive layoffs within China’s Big Tech and the improvement of employees’ welfare.
12/20/20216 min read
Beijing Regulators Ban Forced App Downloads by Internet Firms
China's MIIT published a document in response to complaints from web users and media reports that some websites compel users to download an app while browsing the page.
3/3/20222 min read