Didi Forays into Logistics with New Shipping Service
In preparation for entering the freight logistics market, Didi has started recruiting truck drivers in May.
6/8/20202 min read
Category: Industry
Showing 12 of 6380 posts in this category
Douyin and TikTok Garner $283M in June Revenue
Mobile application data analysis company Sensor Tower released a report on July 8 claiming that Douyin and its overseas version TikTok earned more than $283 million in June from the App Store and Google Play.
Pinduoduo Reports Big Wins and Losses in the First Post-IPO Report Amidst Counterfeit Goods Scandal
After going public in July, the e-commerce giant Pinduoduo Inc. (PDD) released its first quarterly report on Aug. 30, showing some big gains and even bigger los...
8/31/20183 min read
Qudian Founder Luo Min Withdraws From Douyin and Weibo
Luo Min, the founder and CEO of Chinese tech firm Qudian, changed his Douyin account name on August 2 to "Qudian Precooked Dishes." Moreover, all videos related to Luo Min on the account were deleted.
Ningbo Shanshan and Keda Industrial Set for Swiss Listings
Ningbo Shanshan, a lithium battery company, and Keda Industrial, a building materials machinery company, announced that they will be part of the first batch of RMB ordinary-share (A-share) companies to be listed on the Swiss Stock Exchange.
7/25/20223 min read
JD.com Sees Stock Price Drop 11% after Releasing Financial Report
On March 9, Chinese e-commerce giant JD.com released its financial results for the fourth quarter and the whole year of 2022. Although the report shows that its overall profitability has improved, its share price fell 11.28% to close at $41.68.
Alibaba Group Announces Revenue of $33.9 Billion in Latest Quarterly Results
China’s tech giant Alibaba Group (NYSE: BABA and HKEX: 9988) today announced its long-waiting financial results for the quarter ended Dec. 31, 2020.
Top Livestream Salesman Li Jiaqi Records $1.7 Billion in Sales in First 11.11 Livestream, Viya Follows
Taobao's anchor sales list showed that the final sales of Chinese livestream salesman Li Jiaqi on the first live-streaming event of this year's 11.11 Shopping Festival reached 10.653 billion yuan ($1.7 billion).
10/21/20212 min read
Bilibili Unveils "Xiaohuangche" Enabling Users to Shop When Watching Live Streams
Bilibili was preparing to launch its "Xiaohuangche" function on its live-streaming channel. The feature will enable users to buy goods while watching a live-stream.
12/7/20213 min read
ByteDance Pursues Further Layout in Medical Field
ByteDance's healthcare business is stepping into an accelerated period of resource integration, and a huge healthcare ecosystem is slowly forming.
10/2/20223 min read
WeChat's Corporate Communication Tool Reached 180 Million Active Users
Huang Tieming, Vice President of WeiXin Group (WXG), announced the latest figures for WeCom, the enterprise version of WeChat. Huang said that the number of active users was 180 million.
1/12/20223 min read
Huawei Obtains Vital Mobile Payment License Through Acquisition of Sharelink
Huawei gained a mobile payment license after purchasing full control of Sharelink Network Co., a licensed digital payment firm.
3/29/20213 min read