Acquisition of Baike.com Puts ByteDance on par With Rival Baidu
ByteDance has completed the acquisition of Baike.com, an encyclopedia service provider and rival to Baidu's similar services.
9/9/20192 min read
Tag: #tech giants
Showing 12 of 281 posts with this tag
Xiaomi Vice President Fired For “Obscenity”
On May 23, Chinese smartphone maker Xiaomi fired its vice president Wang Lingming for violating the article 44 of China’s public safety law.
5/24/20191 min read
Tesla Shanghai's Registered Capital Rose to 4.67 Billion RMB
Tesla's arm in China, Tesla (Shanghai) Co. Ltd has increased its registered capital to a total of 4.67 billion RMB (about $680 million) on Sept. 7, according to...
9/10/20182 min read
Xiaomi CEO Lei Jun Thanks Competitor Huawei for Advancing Chinese Tech
Lei Jun, founder and CEO of Xiaomi, thanked his competitor Huawei for being part of the advancement of Chinese innovation.
11/6/20193 min read
Bytedance Rumored to Hit $20 Billion Revenue Goal for 2019
Chinese media outlet Jiemian reports that ByteDance achieved its performance goals in 2019, with annual revenue exceeding 140 billion yuan ($20 billion).
1/10/20202 min read
Joyy Shares Tumble 26% after Research Firm Calls it “a Multibillion-dollar Fraud”
Shares of Chinese social media and entertainment site Joyy Inc. plunged more than 26% after a research firm accused it of being a “multibillion-dollar fraud”.
Alibaba Beats Q2 Estimates as Revenue Soars
Alibaba Group saw a robust total revenue growth of 40% year-on-year and a rise in mobile MAUs (monthly active users) to 785 million.
11/2/20193 min read
Xiaomi CEO Lei Jun Announces First Post-IPO Structural Adjustment
On Sept. 13, Lei Jun, Founder and CEO of the popular Chinese electronics company Xiaomi, announced a big systematic adjustment to the organizational structure a...
9/14/20182 min read
Xiaomi Auto Obtains Automated Driving Patent
According to Chinese commercial information platform Tianyancha, a patent entitled "Automatic Overtaking Mechanism, Device, Vehicle, Storage Medium and Chip" applied for Xiaomi Auto Technology Co. has recently been published.
6/7/20222 min read
JD.com Announces Renewed Strategic Cooperation With Tencent
JD.com, a leading Chinese e-commerce firm, announced on Wednesday that it has renewed a strategic cooperation agreement with Tencent for a period of three years.
Tencent Releases Lackluster Q3 Results
On November 13, Tencent Holdings released its financial report for the third quarter ended on September 30.
11/14/20193 min read
Alibaba Announces Executive Restructuring
Alibaba announced the 19th major structural adjustment in three years. Daniel Zhang announcing a new round of organizational restructuring.
12/19/20192 min read