ByteDance to Launch Four New Products
Beijing-based tech giant ByteDance will launch a metaverse social app, a new search product, and a game community. In addition, ByteDance is now testing short-distance delivery robots.
1/27/20223 min read
Category: Industry
Showing 12 of 6378 posts in this category
Meituan Joins Hands with Bilibili to Launch Limited Edition “Bullet Chat” Bike Share Program
Chinese food delivery and services platform Meituan have begun collaborating with video and live streaming company Bilibili to launch limited edition “Bullet Chat Meituan Bikes” across various cities.
9/21/20202 min read
Douyu CEO Chen Shaojie Missing for Nearly Three Weeks
Chen Shaojie, the Chairman and CEO of Chinese game livestreaming company Douyu, has gone missing for nearly three weeks.
11/6/20232 min read
Google Cloud's Greater China President Kathy Lee May Step Down
Google Cloud's Greater China President Kathy Lee may step down, with Bin Shen from Microsoft rumored to take over.
11/11/20242 min read
Alibaba Denies Recent Layoff Rumors
On May 25th, Alibaba Group refuted recent rumors of large-scale layoffs. In an official announcement on social media, the company stated that it plans to hire 15,000 new employees in 2023 across its six business units, with over 3,000 of these positions designated for new graduates.
Hello Inc. Cancels U.S. IPO in Possible Ramification of Didi Penalty
Hello Inc., an app-based urban transportation provider, has scrapped plans for a U.S. initial public offering just three months after the firm submitted its prospectus to the US Securities and Exchange Commission (SEC), according to information disclosed Wednesday on the SEC website.
7/28/20212 min read
Source Code Capital Launches Yisu Division for Seed Investment
Source Code Capital officially released "Source Code Yisu" on Friday, operating the firm's seed-stage business independently within the investment system.
6/10/20223 min read
Alibaba Surpasses 3Q Estimates With 41% Climb in Revenue
On Jan. 31, Alibaba Group announced its financial results for the quarter ended on December 31, 2018. For the past quarter, Alibaba has achieved a revenue of $17,057 million, with a 41 percent year-on-year growth.
iPhone Foundry Foxconn Lowers Q4 Performance Forecast Due to Epidemic
Foxconn, Apple's largest iPhone foundry, said on November 7 that it is working hard to resume full production at its Zhengzhou factory as soon as possible, and lowered its fourth-quarter performance forecast.
Soho China to Sell 32,000 Sqm of Commercial Properties at 30% Discount
On Thursday, Soho China released an announcement that its chairman Pan Shiyi intended to sell 32,000 m² of properties in Beijing and Shanghai at a 30% discount.
Shares of Chinese LGBTQ Dating App Owner BlueCity Soar in Public Trading Debut on Nasdaq
BlueCity Holdings (Nasdaq: BLCT), the operator of Chinese gay dating platform Blued and LGBTQ online community, has gotten off to a good start on Wednesday as the company carried out its public trading on Nasdaq.
WeRide Robotaxi GXR Launches Unmanned Commercial Operation in Beijing
On February 24th, the autonomous driving technology company WeRide announced that Robotaxi GXR has started commercial operation on a large scale in Beijing.