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.
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 registered capital of RMB 10 million.
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 livestreaming service. According to the latest data on Weibo and Douyin, since the launch of their E-commerce livestreaming business Oriental