Huawei said that it will hand out $286 million in cash bonuses and double almost all employees’ monthly salaries for October as a reward for mitigating the impact of its US blacklisting.
Tencent has officially announced the company’s brand new mission and vision statement today through WeChat, adding on to its previously announced “tech for social good,” earlier in May.
Didi Chuxing announced on November 6 a trial relaunch of Hitch , its P2P ride-sharing service in seven major Chinese cities, at the end of November 2019.
TikTok confirmed on November 4 that it would not send a representative to testify before a Senate panel slated to examine the internet company’s ties to the Chinese government.
ByteDace saw a personnel reshuffle with Zhang Nan taking charge of Douyin, and Alex Zhu taking over the app’s international version TikTok, while reporting directly to the CEO of ByteDance, Zhang Yiming.
Alibaba Group might be eyeing a public listing in Hong Kong as early as November to raise up to $15 billion, people familiar with the matter said on October 30.
Didi Chuxing’s CTO of their ride-hailing business, Tiger Qie, spoke about the company’s commitment to infusing human values into what is inherently a technology company.
Alibaba Group kicked off its 2019 11.11 Global Shopping Festival, taking the annual celebration into its second decade with a focus on “new consumption,” “new business” and contributing to a greener society.
