Nokia abandons the flagship phone market
Nokia’s brand owner, HMD Global, has withdrawn from the flagship phone competition. Staying competitive in the flagship segment is not
TikTok facing data compliance challenges
TikTok, as a Chinese enterprise, faces significant challenges in data security compliance as it expands globally. The question of how
China is planning a Mars sample-return mission by 2030
Wu Weiren, a member of the (CPPCC), stated that China plans to carry out a Mars sample-return mission by 2030.
Trip.com: Women spend 33% more on travel than men
According to Consumer Reports released by Trip.com Group on March 7, travel orders per female user in 2021 increased by
Alibaba announced the sixth public welfare award
On March 3, the “Alibaba public welfare List”, an internal award of Alibaba, was unveiled. The names of the winners and
Meitu launched six new imaging products
On March 6, Meitu company launched six new imaging products. Meitu also revealed that its global VIP membership has now
How will the future of China’s Internet companies be reshaped after massive layoffs?
The large-scale layoffs happening at those leading companies indicates that the era of disorderly expansion, where the scale was traded
Vivo X series officially confirmed to replace NEX series
Vivo abolished the NEX business unit and its affiliated organizations, as part of internal restructuring in February.
China’s next-generation Beidou system will be completed by 2035
China will complete the research and development of a new generation of Beidou system, achieving the construction of a space-time
No more unverified vendors in live streaming sessions
On March 2, China’s Supreme People’s Court issued the Regulation on Several Issues Concerning the Application of Law in the
Meituan set up a low-altitude logistics tech company in Shenzhen
On March 3, Meituan Low Altitude Logistics Technology Co., Ltd. was founded in Shenzhen, with legal representative Mao Yinian and
Meituan releases support measures for small and medium-sized merchants
On March 1, Meituan announced several initiatives to help small and medium-sized businesses hit by the COVID-19 pandemic. These initiatives
43-year-old Yang Lijuan takes over as CEO of Haidilao
Chinese hotpot chain Haidilao issued an announcement on the appointment of management personnel. Zhang Yong stepped down as CEO of
What role has China’s digital practice played in the COVID-19 pandemic?
Digitization can help address pressing challenges during the pandemic, but it can also achieve multiple goals, such as boosting consumer
Honor expands its team to nearly 5500 R&D personnel
Honor announced that it has established partnerships with over 200 operators and distributors, and has more than 11,000 employees, 50%
The price of Bing Dwen Dwen’s NFT collection jumped 20 times
On February 28, the Bing Dwen Dwen’s NFT (Non-Fungible Token) collection was launched for only half a month, and its
Chinese EV maker NIO plans secondary listings in Hong Kong and Singapore
On February 28, the Chinese electric vehicle (EV) maker NIO Inc. plans to carry out secondary listings by introduction in
Initial exploration of China’s NFT development
Since last year, celebrities, KOLs, and enterprises in China have all launched their own NFT products, and digital collectables have
Xiaomi announces a 500-million-yuan donation to launch the “Xiaomi Young Scholars” initiative
On February 24, the Beijing-based Xiaomi Foundation announced the launch of its public welfare initiative “Xiaomi Young Scholars”, with a
“Kuaishou Cinema” hit over 50 million daily users during the Spring Festival
According to the data released by Kuaishou Entertainment, Kuaishou launched the “Free Movies for Spring Festival ” event on the
28-year-old ByteDance employee died suddenly
On the evening of February 22, a 28-year-old ByteDance employee died suddenly in his workplace gym, according to a post
Webnovel unlocks a new career path for GenZ
According to the latest report (2021) on overseas online writers released by China Literature, the number of online writers on
Volkswagen intends to acquire Huawei’s self-driving business
Recently, Chinese media reported that Volkswagen Group is negotiating with Huawei and plans to acquire Huawei’s autonomous driving unit for
WeChat payment codes to resume normality from March
According to WeChat Pay, personal payment codes will resume normal use after March 1, 2022. Due to some financial risk
Neta automobile completed over 2-billion-yuan new round of funding
Hozon Auto, the company that owns the Neta auto brand, has recently completed a new round of financing of more
Kuaishou secures Champions League copyright
On February 21, Kuaishou Sports announced a copyright agreement with UEFA (Union of European Football Association), becoming the official live
China Post diversifies – opening its first ‘post office coffee shop’ in Xiamen
On February 14th, China Post became the most surprising player on the coffee track. Post Office Coffee, China Post’s first
Despite over £500k in sales, New Oriental’s livestreaming transformation is tough
On February 20th, New Oriental (09901. HK; EDU.US) reported 4.5 million yuan in revenues after the transformation of its E-commerce
Charlie Munger believes investing in China can yield higher returns
On February 17, Charlie Munger, the 98-year-old vice chairman of Berkshire Hathaway, participated in the Daily Journal annual meeting to
Some WeChat departments started to test the ‘1065’ work schedule
Some departments in the WeChat Business Group (WXG) have started a “1065” working hour system, starting at 10 AM and
“The Light of China” shines at Expo 2020, leading the experience of Digital China
Expo 2020 was the first World Expo since the outbreak of the Covid-19 pandemic. The theme of the Chinese Pavilion
Honor ranked second in Chinese smartphone market since splitting from Huawei
According to the last report released by Counterpoint, smartphone shipments in China declined 11% year on year in the fourth
The “China Tech” deployed at the Beijing Winter Olympics
“Science and Technology Winter Olympics” is the core theme of this year. From venue construction to infrastructure, and smart services
Xiaomi’s No. 12 founding member resigns
Li Weixing, a founding member of Xiaomi, former vice chairman and secretary-general of the company’s technical committee, has resigned. Li
Alexander Klöpping’s Foundation claims nearly €1b from Apple and Google
A foundation led by Alexander Klöpping, a Dutch entrepreneur, is gathering plaintiffs for a class-action lawsuit against Google and Apple.
Murder mystery game platform ‘LARP Master’ receives Series A financing from NetEase Group
Less than half a year from the last round of financing, the murder mystery game platform “LARP Master” recently received