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As a strong competitor of Meta's Quest 2 device, a range of new PICO 4 products released this year have earned extensive attention. Now the company is suffering from internal and external challenges.
On January 4th, the share price of leading sports technology company, Keep, fell by more than 30% during trading hours, reaching a new all-time low since its listing.
Pinduoduo is giving out 50 million yuan ($7.7 million) to encourage book purchases on the e-commerce platform as part of its “Duo Duo Reading Month” campaign to promote reading.
ByteDance, the parent company of TikTok, is allegedly proposing to repurchase approximately $5 billion in shares from investors, a move that would value the company at around $268 billion, according to two sources familiar with the matter, per Reuters.
Denza, a joint venture between BYD and Mercedes-Benz, held a brand launch event on Monday to kick off pre-sale of its MPV D9 new energy vehicle model.
On Wednesday, some users revealed on Maimai and other platforms that Chinese automaker Li Auto had broken off some contracts in May to enroll students who will graduate in the summer this year.
Geely's commercial vehicle arm has been considering a public listing plan and will introduce external investors to carry out the move.
China's leading microblogging platform Weibo will launch a new interest-based interactive community app called "Planet", which is a revision and upgrade of its previous app "Planet Video."
On March 28th, it was announced during the "2023 WeChat Open Class" that WeChat will soon launch a new feature called "Ask a Question" on its search function. This feature encourages users to ask questions and creators to provide answers.
Tencent recently tested its new car-hailing function under the WeChat mini-program named "Travel Service".
A new, pretentious form of bragging is stirring up controversies among Chinese internet users, as some publish stories that may look like complaints, but often are just thinly-veiled ways to show off.
The Cyberspace Administration of China (CAC) and other departments recently published a document entitled "Several Provisions on Management of Automobile Data Security (Trial)," which will take effect on October 1, 2021.