Chinese publishers Tencent, NetEase, and miHoYo continue to hold three of the top five seats on the global mobile game publisher revenue list in February 2022.
Chinese hotpot chain Haidilao issued an announcement on the appointment of management personnel. Zhang Yong stepped down as CEO of Haidilao and was succeeded by Yang Lijuan.
On February 28, the Chinese electric vehicle (EV) maker NIO Inc. plans to carry out secondary listings by introduction in Hong Kong and Singapore as it seeks to grow its business in the region. This listing adopts a “way of
1C Entertainment, the developer of the “King’s Bounty” series, has announced that it will be acquired by Tencent. The deal is expected to be reached in late November. Furthermore, 1C Entertainment and its subsidiaries will change their names within 6
Hozon Auto, the company that owns the Neta auto brand, has recently completed a new round of financing of more than 2 billion yuan. The primary investors are the CRRC fund controlled by the CRRC Corp and Shenzhen state-owned venture
On February 20th, New Oriental (09901. HK; EDU.US) reported 4.5 million yuan in revenues after the transformation of its E-commerce livestreaming service. According to the latest data on Weibo and Douyin, since the launch of their E-commerce livestreaming business Oriental
On February 17, Charlie Munger, the 98-year-old vice chairman of Berkshire Hathaway, participated in the Daily Journal annual meeting to address several questions about why he increased his stake in Alibaba, how to judge the current economic environment in China
A foundation led by Alexander Klöpping, a Dutch entrepreneur, is gathering plaintiffs for a class-action lawsuit against Google and Apple. Klöpping says Apple and Google are abusing their dominance by charging app developers up to 30 percent commission for app
Less than half a year from the last round of financing, the murder mystery game platform “LARP Master” recently received their series A strategic funding of tens of millions of yuan from NetEase Group. This round of financing will be
BUD Technologies, Inc. (hereinafter referred to as BUD) announced the completion of a $15 million A+ round of financing led by Qiming Venture Capital. The existing shareholders GGV Capital, Sky9 Capital, and Source Code Capital also took part in the
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