Internet company Archives - Page 2 of 4

ਅਲੀਬਾਬਾ ਨੇ “ਲੰਮੀ ਮਿਆਦ ਦੀ ਜ਼ਿੰਦਗੀ” ਦੀ ਸਥਾਪਨਾ ਦਾ ਜਵਾਬ ਦਿੱਤਾ: ਭਵਿੱਖ ਵਿੱਚ ਮੈਟਵਰਸੇ ਨਾਲ ਸਬੰਧਤ ਕਾਰੋਬਾਰ

ਕਾਰਪੋਰੇਟ ਸੂਚਨਾ ਜਾਂਚ ਪਲੇਟਫਾਰਮ ਦੇ ਸੱਤ ਜਾਂਚਾਂ ਅਨੁਸਾਰ, ਚੀਨੀ ਈ-ਕਾਮਰਸ ਕੰਪਨੀ ਅਲੀਬਬਾ ਨੇ ਸੋਮਵਾਰ ਨੂੰ "ਵਿਜ਼ਨ ਲਾਈਫ" ਨਾਂ ਦੀ ਪੂਰੀ ਮਾਲਕੀ ਵਾਲੀ ਸਹਾਇਕ ਕੰਪਨੀ ਦੀ ਸਥਾਪਨਾ ਕੀਤੀ.

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.

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.

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.

Baidu Appoints Luo Rong, Former Executive of Tutoring Firm TAL as New CFO

Chinese internet and technology giant Baidu said on Monday that it has named Luo Rong, former chief financial officer (CFO) of tutoring firm TAL Education Group, as its new CFO.

China’s World of Online Professional Networking Amid LinkedIn’s Retreat

As the sun lowers on the company’s full operations in the country, a window of opportunity is now opening for domestic competitors.

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.

Four Post-95s College Students Produce Document of Chinese Companies’ Working Schedules

A document named "WorkerLivesMatter" that has covers specific departments in over 1300 Chinese companies has been viewed over 100,000 times by October 12th.

ByteDance Affiliate Invests in Property Brokerage

On October 4th, 2021, according to Tianyancha App, Beijing Fuwang Property Brokerage Co., Ltd., had made a registration change with the Industrial and Commercial Administration.

ByteDance to Launch Music App Feile Later This Year

TikTok's parent company ByteDance plans to release a music streaming product for the domestic market later this year. The product is tentatively named Feile, and internally referred to as Luna.

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.

Top Chinese Governing Bodies Call ‘996’ Work Culture Illegal

On Thursday, top Chinese governing bodies released a collective memo, saying that the '996' work culture - a 12-hour, six-day working schedule - represents a serious violation of the law pertaining to maximum work hours.

Former Mayor of China’s Largest Municipality Huang Qifan Interprets Why Beijing Scrutinized the Internet Industry

The 2021 (20th) China Internet Conference organized by the Internet Society of China was held in Beijing from July 13 to 15. Huang Qifan, former mayor of Chongqing, spoke at the event.

Bytedance Denies Setting up Private Equity Funds

That Tianjin Bytedance Management Consulting Co., Ltd. was officially renamed led to a hot debate in the venture capital community. Bytedance responded on Monday night that currently it had no plan to set up a private equity fund.

China to Introduce New Laws to Regulate “Big Data Killing” by Internet Enterprises

Authorities in Beijing have released the latest version of the country's draft Personal Information Protection Law, affirming that it further improves rules on the processing of personal information.

Jinan Police Investigate Disgraced Alibaba Manager Under Suspicion of ‘Forcible Indecency,’ Not Rape

A statement by Jinan police on August 14 revealed that after investigating an Alibaba Group employee's sexual assault allegation against her boss, they didn't find evidence of rape. At present, the case is undergoing further scrutiny.

Baidu Reports Total Revenue Grew 20% YoY in Q2

Chinese internet giant Baidu on Thursday reported better-than-expected Q2 results with its total revenue reaching 31.4 billion yuan ($4.86 billion), increasing 20% year over year as of the end of June 30.

Bytedance Denies Reports of Impending IPO: “This News is Not True”

A representative from Beijing-based internet technology firm Bytedance has denied a recent report regarding its alleged plan to launch an IPO at the Hong Kong Stock Exchange in the near future.

ByteDance AI Lab Director Confirms Resignation; Scientists Leave the Business Tower for the Ivory Tower

Recently, ByteDance has had a change up of personnel. Li Lei, ByteDance's AI Lab director, left his post and joined the University of California, Santa Barbara (UCSB) as an assistant professor.

Tencent Is about to Complete the Preliminary Integration of Sogou

According to a release from Jiemian News on Thursday, Tencent will complete the integration of Sogou, a Chinese Internet service provider, as early as August. As a result, most of Sogou's business will be merged into Tencent PCG, while its main team will be merged with Tencent's highlights.

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