Sohu.com Limited, a Chinese internet company, released its financial report for the first quarter of 2022 on Monday.
Chinese automobile manufacturer BYD announced on Monday that it expects net profits in the first quarter of 2022 to total between 650 million yuan and 950 million yuan ($102M - $149.1M), up 174% - 300% year-on-year.
On Friday, Li Guoxun, Vice President of sparkling water brand Genki Forest, talked about the company's recent business operations, marking the first time that the brand disclosed performance data to the public.
ATRenew has seen robust growth rates over the past year, both in terms of revenue and GMV performance, coupled with a reduced operating loss ratio compared with 2020.
Chinese chipmaker Semiconductor Manufacturing International Corporation (SMIC) announced on Tuesday that in January and February 2022, the company achieved operating income of about $1.223 billion.
Chinese bubble tea chain Nayuki announced on Tuesday that it is expected to earn about 4.28 billion ($672 million) to 4.32 billion yuan in revenue and about 135 million to 165 million yuan in adjusted net losses (non-IFRS measure) in 2021.
The total revenue of TikTok's parent company, ByteDance, increased by 70% year-on-year in 2021 to about $58 billion, a slower growth rate than a year ago.
Users spent approximately $2.3 billion last year on ByteDance's popular video-sharing app TikTok, according to data published on January 13 by Sensor Tower.
Beijing-based Zhongguancun Interactive Marketing Lab, together with institutions including PricewaterhouseCoopers (PWC), on Thursday jointly released the 2021 China Internet Advertising Data Report.
Guo Ping, the rotating chairman of Chinese telecommunications giant Huawei, delivered a New Year's speech for 2022 on Friday.
iQiyi, an online video platform in China, announced its unaudited financial results for the third quarter on Wednesday. The financial report shows that the total revenue of iQiyi in the third quarter was 7.6 billion yuan ($1.2 billion).
Hong Kong media reported on Monday that Chinese gaming giant NetEase’s music streaming arm NetEase Cloud Music would pass its listing hearing as soon as this week, eyeing raising about $1 billion. Its co-sponsors are Merrill Lynch, CICC and Credit Suisse. The music platform declined to comment on the news.
Chinese e-commerce giant JD.com announced its better-than-expected fourth quarter financial results on Thursday, revealing a 31.4% increase in net revenue compared to the same quarter in the previous year.
Chinese e-commerce giant Meituan on Nov. 30 released its unaudited financial results for the third quarter of 2020 ended Sept. 30, with share price falling about 7% in Hong Kong before its third-quarter results were published.
Chinese social media and entertainment site Joyy Inc. rejected allegations of fraud by Muddy Waters Research, saying the report it published was full of “misinformation, erroneous statements and misleading conclusions.”