
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

Didi Downsizes- ‘dramatic and significant’ staff cuts to Chinese Ride Hailing Service
Chinese ride-hailing giant Didi has reportedly started layoff plans for its ride-hailing, two-wheeler (E-bike), freight and other travel businesses, with

Metaverse UGC platform BUD has raised $15m Series A+ funding
BUD Technologies, Inc. (hereinafter referred to as BUD) announced the completion of a $15 million A+ round of financing led

Chinese-branded cars invigorate Russia’s automotive market as sales soar
According to data released by the European Business Association, overall sales of Chinese-branded automobiles in Russia reached 115,700 units in
