Netease Archives - Page 8 of 9

Amazon China is Merging with NetEase Kaola on Cross-border Shopping

Amazon China and NetEase Kaola, a cross-border e-commerce, are negotiating to merge their overseas purchase business. Led by Kaola, the merger might be completed by split-offs.

Chinese Ride-hailing Platform Didi To Lay Off 2,000 Employees

The cold Beijing winter took a heavy toll on Didi as the Chinese ride-hailing giant announced today that it will lay off 15 percent, roughly 2,000 staff members, this year.

NetEase Cloud Music Raises Over $600 Million

NetEase, one of China’s top internet and online game services providers, announced on Nov. 12 that NetEase Cloud Music, the company’s music streaming platform, has completed its round of financing with investors. The total amount raised exceeded $600 million.

MIIT Ranks Top 100 Chinese Internet Companies

China’s information authority released a list of top 100 Chinese Internet companies on July 27, ranking Alibaba, Tencent and Baidu, JD.com, and NetEase as the top five.

Tencent, Alibaba, Baidu and NetEase Rumored to Return to A-Shares through CDR

Beijing-based media group Caixin Global reported that the list of companies issued China Depositary Receipts (CDR) has been released. The companies include BATJ (Baidu, Alibaba, Tencent, and JD.com), Ctrip, Sina Weibo, NetEase and Sunny Optical Technology.

Mobile, Client, Web Gaming Industries Post Billions in Earnings

The China Gaming Industry Report released today reflects how much money China’s gameplayers have paid for games in 2017. The actual sales revenue of China’s gaming market reached 203.61 billion yuan in 2017, a year-on-year increase of 23 percent.

Tencent Named Exclusive China Agent, Operator of Playerunknown’s Battlegrounds

Tencent announced it reached a strategic cooperation with PUBG, formally obtaining the exclusive agency of Playerunknown’s Battlegrounds in China.

Tik Tok Climbs into App Store’s Top 10, Honour of Kings Clings to 1st Place

Although Baidu, Alibaba, Tencent and NetEase products dominate the iOS market in China, a number of companies such as Toutiao and Meituan Dianping have crept into the Top 10 ranking, according to records of iOS App downloads by App Annie in the month of October. SEE ALSO: What did Toutiao’s Buy with its $1B Purchase […]

Netease Launches Tryfun, Sex Product Brand with a Clinical Look

Internet giant Netease, which once surprised users by raising pigs, is marching into another unusual industry. On October 23, it announced the launch of Tryfun（春风）, an adult sex products brand that will be sold on Netease Kaola, Netease Yanxuan, and JD.

Ele.me Delivery Robot Completed Takeout Delivery for the First Time

At 10 a.m on October 9, Wanxiaoe(万小饿), China’s first intelligent take-out robot created by ele.me logistics team, appeared in the Hongqiao Vanke center in Shanghai for the first time. From today, it will accomplish the “last mile” delivery in the office building through its smart delivery service. Wanxiaoe has three layers of incubator with large […]

TSMC Chairman Morris Chang Announced He will Retire Next Year

TSMC (Taiwan Semiconductor Manufacturing Company) issued a press release that Morris Chang, the chairman and founder of the company, would retire in June next year. At that time, the world’s largest chip foundry company will practice a dual-head system with Dr. Mark Liu as chairman and Dr. CC Wei as the president. Breaking tradition, Chang […]

Jack Ma Just Ate His Own Words

He Swore ‘Never Do Games Business’ While Now Enter Game Industry in High Profile In June 2010, when talking to the then Chinese Premier Wen Jiabao, Alibaba Chairman Jack Ma said, “we firmly believe games couldn’t change China. China pursues single-child policy. If children play games all the time, what will our country be like […]

Alibaba Increased its Holdings in Cainiao Network

Alibaba group announced today that in order to further promote the new retail strategy, it will increase holdings of Cainiao Network. Apart from tens of billions CNY it has invested, over the next five years, Alibaba will continue to invest 100 billion yuan in Cainiao, so as to accelerate the construction of logistics network and […]

Tencent and Alibaba Announces a Music Copyright Cooperation

Tencent and Alibaba reached an agreement on music copyright cooperation and granting exclusive music licensing rights to each other. This cooperation casts a massive shadow on another popular music streaming app in China—NetEase Music. With its IPO drawing near and the recent news of its new round of financing (worth about 300 million USD), Tencent […]

Xiaomi Released Full-screen Mix 2 for at least 3,299 yuan

In the afternoon of Sept. 11, Xiaomi released three products in Beijing, one of which is the highly anticipated full-screen second-generation product, Mix 2. The price starts at 3,299 RMB and the shipments start this Friday. Xiaomi CEO Lei Jun said that the Mix released last year by Xiaomi shook up the global tech media […]

Beijing stops launching new sharing bikes and to issue guidance

On September 7, the Beijing Municipal Commission of Transport convened managers of the district management departments and 15 sharing bike companies. After listening to the opinions and advices on sharing bikes’ delivery and management, the commission decided to stop putting new sharing bikes into markets. All the sharing bike companies show their understanding and support […]

Tencent Music Plans to Sell 3% Stock and the valuation is $10 billion now

Reported by Bloomberg on September 1. According to the informed resource, Tencent Music Entertainment Group plans to finish a new round of financing before its initial public offering (IPO), a valuation of $10 billion. Tencent Music is held by Tencent holding company. According to insider, Tencent Music plans sell 3% of its share to strategic […]

DJI is reported to test Self-driving cars

Internet News Reports DJI On August 28, Tech-Web, a we-media, claimed it found DJI’s “secret base” in Shekou district, Shenzhen: DJI self-driving car is being tested there and Tech-Web even exposed photos of these cars. It is reported that the DJI self-driving car being tested is a Ford Edge SUV. From external observation, this self-driving […]

Baidu Sued fenbi.com and Related We-media

According to Netease Technology on August 22, Baidu has formally initiated law proceedings in Beijing Haidian District People’s Court against Xiaolong Zhang, the CEO of Fenbilantian technology co., LTD. (fenbi.com) as well as we-media Coollabs for their serious violation against Baidu‘s reputation. Baidu demanded them to immediately delete infringing contents in their Weibo, WeChat official […]

ofo will upgrade its locks which “snap open with single touch”

On August 22, ofo announced it has completed the R&D of the brand new smart lock supporting NFC payment and began mass production. The new locks will be released in October. Users can use their electronic devices with NFC function to open immediately ofo bike’s lock, the first smart lock supporting NFC payment in the […]

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