Chinese Online Grocer Dingdong apologises for the food safety issue
Dingdong (Cayman) Ltd, one of the most popular Chinese online grocers, apologised for its food safety issue after being accused
Chinese tech stocks rise sharply after a record-breaking drop since 2008
The drop pushed the prices to a record low since the 2008 financial crisis. However, the stocks began a strong
What led to the flash crash in China Concepts Stock?
In the past 15 months, China Concepts Stock’s market value has plummeted by nearly 10 trillion yuan ($1.37 trillion), which
Alibaba’s former vice president joins DingTalk as COO
Ku Wei, former VP of Ali Group, has been appointed as the COO of DingTalk, an Alibaba-backed all-in-one workplace mobile
Reeling from layoff wave at China’s Big Tech companies, what’s next?
Recently, news of a layoff wave at Alibaba and Tencent landed on micro-blogging platform Weibo’s hot search list.
POP MART is revealed to overhype its mystery toy boxes
On March 16th, POP MART was revealed to overhype its mystery toy boxes during the CCTV 315 Gala.
China’s 12315 platform retrieves 5.5 billion yuan in consumer losses
As a bridge between market regulators and consumers, the 12315 platform and other channels accepted 23.812 million complaints and reports
Meituan e-commerce launches self-operated stores and cross-border businesses
On March 14, Meituan e-commerce launched its self-operated stores, whose operation model is similar to “JD’s self-operated store”.
Alipay’s standard list aids in the protection of rights and interests
On March 11, Ant Group’s Alipay (China) has officially released a list of national, industry, group and enterprise standards.
“Sudden death” scares of Chinese Internet workers
According to the Overwork Report 2021 released by 36kr, 76.1% of young people work overtime frequently and over 30% never
H&M sister brand Monki pulled out of China
Monki, a fast-fashion brand owned by Swedish retail giant H&M, announced the closing of its Tmall flagship store on March
Tesla China raises prices due to supply chain pressure
On March 10, Tesla increased its prices for the Model 3 Performance, Model Y Long Range, and Model Y Performance
How technology is benefitting people with disabilities
Many tech companies and organizations have been committed to designing disability-friendly products, in order to offer vulnerable groups a barrier-free
SenseTime establishes a digital technology company worth 3.5 billion RMB
On March 8, Shanghai SenseTime Digital Technology Co., Ltd. was established with a registered capital of 3.5 billion RMB.
JD.com built China’s first “zero-carbon” logistics park
JD “Asia No.1” Xi’an Intelligent Industrial Park was awarded dual carbon-neutral certifications by Beijing Green Exchange and Centre Testing International
Chinese mobile games rake in over $2 billion
Chinese publishers Tencent, NetEase, and miHoYo continue to hold three of the top five seats on the global mobile game
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