Bilibili and iQiyi Go Public in the U.S., But Where is the Netflix of China?
Recently two major Chinese video websites completed their listing in the U.S.: Bilibili and iQIYI. Although these two companies all belong to the same industry,...
Category: Industry
Showing 12 of 6380 posts in this category
Inner Mongolia Launches First 5G Unmanned New Energy Mining Vehicle Project in Ordos
The Jungar Economic Development Zone in Ordos City, Inner Mongolia announced on Tuesday that the first 5G unmanned new energy mining vehicle project in the province was officially put into production.
1/6/20222 min read
ByteDance Forms Food and Beverage Product Team
After launching an in-house tea brand called "Taoyuan Yuye" last year, TikTok owner ByteDance now plans to team up for a new food and beverage business.
5/12/20222 min read
Chinese Social Media Platform Xiaohongshu to Merge Community and E-Commerce Departments
Chinese lifestyle-related social media platform Xiaohongshu has recently merged the original community department and e-commerce department into a new community department.
1/25/20222 min read
Foreigners Embracing Shopping Frenzies in China During Double 11
The Double 11 shopping festival is hard to miss. E-commerce platforms put out ads everywhere to boost consumption. Like the locals, foreigners are embracing the shopping frenzies.
Tencent Responds to NFT Name Change, Resists Illegal Cryptocurrency Activities
Chinese technology giants Alibaba and Tencent have both renamed their non-fungible token (NFT) offerings as “digital collectibles”, as Beijing strengthened its supervision of Internet businesses' NFT platforms.
10/25/20212 min read
Behind China’s 996 Overwork Culture: Shentong Express Fires Employee who Refuses to Work Overtime
On Jan. 7, China’s delivery company Shentong Express was reported to have fired an employee who refused to work after 9 p.m.
1/8/20213 min read
Kuaishou Reports Jump in Revenue, E-Commerce Growth in First Results Report Since Mega IPO
Chinese video sharing platform Kuaishou Technology recorded a 50% jump in revenue in 2020 as well as a growth in active users in its first report card following the company’s mega initial public offering (IPO) in Hong Kong.
3/24/20212 min read
CATL Plans to Build Battery Plant in Hungary
On August 12, CATL, a Chinese power battery giant, approved a proposal on investing in the construction of a new energy battery plant in Hungary. The plant will be CATL's second in Europe, in addition to its German plant.
8/12/20222 min read
Snapshots of China’s Internet Sector in 2021
In December, people's social media was flooded with two explosive pieces of news: the massive layoffs within China’s Big Tech and the improvement of employees’ welfare.
12/20/20216 min read
BOE to Supply 18 Million OLED Screens to Apple
Analysts at UBI Research pointed out in the latest report that BOE, the leading screen manufacturer in China, is expected to supply 18 million OLED screens to Apple this year.
11/24/20212 min read
Freshippo's "Global Go" Business Undergoes Comprehensive Upgrade
On November 6th, Freshippo announced at the Import Expo that its "Global Go" business will be fully upgraded.
11/7/20233 min read