On April 12, China Mobile released a new 5G voice product. 5G voice is the mobile phone call service that service providers offers based on the 5G network.
TikTok’s worldwide ad revenue is predicted to triple to over $11 billion in 2022, according to Insider Intelligence, more than the $10.4 billion for Snapchat and Twitter combined.
On April 11, Vivo officially unveiled its first foldable smartphone, the “X Fold”. At present, the mainstream smartphone manufacturers in China have all entered the foldable smartphone market, releasing their own cult products.
While TikTok’s ad revenue is growing at a 300% compound annual growth rate, ByteDance’s advertising revenue in China has stagnated, despite recent growth in TikTok’s e-commerce business.
Taobao has opened a small range of WeChat Pay functions for internal testing and has introduced two WeChat Pay payment methods to the payment options.
On March 24, the spokesperson of The Ministry of Commerce of China Shu Jueting, said that China expects the United States to cancel all additional tariffs imposed on China as soon as possible.
Didi has been preparing for its move into autonomous driving for quite some time and has started to establish its own R&D teams in Beijing and Shenzhen.
Dingdong (Cayman) Ltd, one of the most popular Chinese online grocers, apologised for its food safety issue after being accused of selling expired products.
On March 14, Meituan e-commerce launched its self-operated stores, whose operation model is similar to “JD’s self-operated store”.
JD “Asia No.1” Xi’an Intelligent Industrial Park was awarded dual carbon-neutral certifications by Beijing Green Exchange and Centre Testing International (CTI) this month.
On March 3, the “Alibaba public welfare List”, an internal award of Alibaba, was unveiled. The names of the winners and initiatives will be displayed on a Wall of Fame at Alibaba’s Hangzhou headquarters.
On March 3, Meituan Low Altitude Logistics Technology Co., Ltd. was founded in Shenzhen, with legal representative Mao Yinian and registered capital of RMB 10 million.