Douyin Upgrades its Open Music Platform
On Thursday, ByteDance’s Douyin announced an upgrade to the company's open music platform, "Zhirexinghe".
Category: Industry
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Alibaba Group Announces Offering of $5B Senior Unsecured Notes
On Feb. 5, China’s tech giant Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988) announced the pricing of an underwritten registered public offering of $5 billion senior unsecured notes, per Business Wire.
2/5/20212 min read
Tencent to Build Third Data Center in Japan
Chinese internet giant Tencent is set to build its third data center in Japan.
6/22/20222 min read
Musical.ly Fined $5.7 Million for Illegally Collecting Personal Information
On February 28, the video social networking app Musical.ly, now known as TikTok, was fined $5.7 million by the Federal Trade Commission (FTC) for illegally collecting personal information from children under the age of 13.
2/28/20192 min read
China's First Offline JD Mall to Open in Xi'an on September 30
JD.com announced on Tuesday that its first JD MALL, the company's new offline shopping center, will open on September 30 and be situated in Xi'an, the eastern end of the historical Silk Road.
9/15/20212 min read
Alibaba's Cainiao to Open New Logistics Hub at Hong Kong International Airport
Cainiao Network, the logistics arm of Alibaba Group, announced on Wednesday that it will lead a joint venture to invest US$1.5 billion to build a high-caliber d...
6/6/20182 min read
Huawei Responds to US Approval of $1.9 Billion Telecoms Replacement Plan
United States Federal Communications Commission (FCC) has authorized $1.895 billion in compensation funds to help domestic rural operators replace telecommunication network equipment of enterprises such as Huawei and ZTE.
7/15/20213 min read
PepsiCo Products Safe Although Workers Test Positive for COVID-19
Pepsi said its products are safe though one of its branches in Beijing has confirmed 12 COVID-19 diagnoses.
Rokid Glass T2: Chinese AI Startup Rokid Upgrades Covid-19 Detection AR Glasses In Midst of Pandemic
Fledgling AI startup Rokid has continued to upgrade its portable, lightweight, body-temperature-sensitive AR glasses, the Rokid Glass 2, after its debut in January this year.
Chinese Street Vendors Enjoy Boom as Premier Pledges Government Support
Street vendors in China have seen a significant rise in popularity and regulatory support after Chinese Premier Li Keqiang voiced government approval of them.
6/5/20203 min read
Alibaba Cloud Founder Wang Jian to Return to Company with New Title
Wang Jian, the founder of Alibaba Cloud, will return to the cloud computing division of Chinese internet giant Alibaba. His return to the company after a decade and how he will regain prominence in the spotlight are currently under scrutiny.
5/12/20232 min read
Chinese Cancer Screening Biotech New Horizon Health Completes $30M Financing from Foreign Backers
China’s colorectal cancer screening biotechnology company, New Horizon Health has completed a $30 million Series E funding led by healthcare hedge fund Rock Springs Capital, bringing its total funding to date to more than $160 million.
7/13/20204 min read