Douyin Reveals User Numbers for the First Time
Douyin, the most popular short-video platform, announced on June 12 that its number of domestic daily active users (DAU) has exceeded 150 million. < p clas...
Category: Industry
Showing 12 of 6378 posts in this category
Xiaomi Executive Serves as Legal Representative of Newly Founded Company, Business Scope Includes IC Chip Design
According to Qichacha, a Chinese enterprise information inquiry platform, Shanghai Xuanjie Technology Co., Ltd. was established on December 7 with a registered capital of 1.5 billion yuan ($236.41 million).
12/9/20212 min read
Alibaba Announces Executive Restructuring
Alibaba announced the 19th major structural adjustment in three years. Daniel Zhang announcing a new round of organizational restructuring.
12/19/20192 min read
AI is the Transformative Force Revolutionizing Future Human Development Over the Next 40 Years, Says Baidu CEO Robin Li at WAIC 2021
Robin Li, CEO of Baidu, said that AI will undoubtedly become the transformative force revolutionizing future human development over the next 40 years.
Microsoft Responds to Rumors of Cutting Windows Supply to China: “We Have Unwavering Commitment to Providing Services to Chinese Users”
Microsoft said it will continue providing services to Chinese users in response to recent rumors that it will no longer offer Windows services in China.
8/10/20202 min read
ByteDance Bets on Web Novel Business, Launching Mytopia Application Overseas
Chinese internet giant Bytedance has recently launched three new novel applications domestically and overseas.
11/22/20212 min read
China VC Weekly: Taxes, E-bikes, Disinfection
In last week’s VC news, a diverse cohort of Chinese startups raised considerable capital across industries spanning tax automation, fintech, mobility, robotics and more.
2/22/20227 min read
NIO’s Sales Increase Could Jeopardize Company
On March 18, Chinese EV-maker NIO released its latest financial report showing that the company’s fourth-quarter revenue fell year-on-year, while losses mounted.
3/19/20202 min read
Qutoutiao's Q3 Revenue Reaches $151.47 Million, DAU of Midu Hits10 Million
Chinese mobile content platform operator Qutoutiao announced its third quarter performance report ending September 30, 2021.
12/22/20212 min read
Microsoft CEO Speaks at Xiaomi, Recieves Gift of Phone
Microsoft CEO Satya Nadella visited Xiaomi Corp. to speak on the morning of October 31. After Nadella's talk, Lei gave him a Mi MIX 2 handset as a gift and acco...
Jihan Wu Resigns as Bitmain CEO to End Power Struggle with Micree Zhan
Jihan Wu, the co-founder of Bitmain, announced he will resign as CEO to resolve a year-long dispute with Micree Zhan, the other co-founder, according to an internal letter he issued.
1/28/20213 min read
NetEase Cloud Music Delays Hong Kong IPO
On Monday, Reuters-owned media outlet IFR reported that NetEase Cloud Music has postponed its initial public offering (IPO) in Hong Kong after previously passing the listing hearing on August 1.
8/10/20212 min read