JD.com Plans to Spin Off Health Unit, List in Hong Kong
Chinese e-commerce retailer JD.com, Inc. is planning to spin off and list its health unit on the Hong Kong stock exchange, the New York-listed company said Monday.
9/22/20202 min read
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Tanka Launches AI-Powered Messaging Platform with Long-Term Memory Technology
Addressing a key challenge in AI development, Tanka's MemGraph technology introduces long-term memory capabilities, enhancing AI's ability to reason contextually and offer actionable insights beyond mere data retrieval.
Sequoia Capital's Doug Leone to Retire, Neil Shen Remains Steward
Seasoned investment firm Sequoia Capital's current chief Doug Leone has named Roelof Botha as his successor on Tuesday. Neil Shen will continue to lead the firm’s China business as the founding and managing partner.
4/6/20222 min read
ByteDance Dismisses 61 Employees for Corruption
ByteDance's Corporate Discipline and Professional Ethics Committee reported 61 cases of employee violations of laws and discipline today, and all employees involved have been dismissed.
4/28/20243 min read
Great Wall Motors to Enter Hong Kong and Macao Markets
On August 2, Great Wall Motors (GWM) and automobile retailer Inchcape Group announced that they have entered into a partnership involving the joint development of the new energy vehicle markets in Hong Kong and Macau.
8/4/20222 min read
Xiaomi Invests in Modified Car Startup Auto Custom
On September 25, Auto Custom, a modified car startup based in Tianjin, released its first self-designed small sports car model SC01. Smartphone maker Xiaomi has invested tens of millions of yuan in the company.
9/26/20223 min read
Universal Name Service Network Builder SPACE ID Finishes .bnb Domain Auction
SPACE ID, a platform aimed at building a universal name service network which seamlessly connects people, information, and assets, has finished the auction of ten premium .bnb domains on Binance NFT on August 2.
Alibaba's Jack Ma Appears in Australia
Social media users recently spotted Jack Ma, the billionaire founder of Chinese e-commerce giant Alibaba, in a hotel in Melbourne, Australia. Fans snapped a photo of him browsing his phone and drinking Coke.
2/20/20233 min read
SF Express' Intra-City Subsidiary Passes HKEx Listing Hearing
According to the Hong Kong Stock Exchange (HKEx), Hangzhou SF Intra-City Industrial Co., Ltd. (SF Intra-City) on Monday passed its listing hearing.
11/15/20212 min read
Retail Brand Miniso Opens First Flagship Store in China
Chinese variety store Miniso opened its first flagship store on February 5 along Chunxi Road, a pedestrianized shopping street in Chengdu, the capital of China's Sichuan Province.
2/6/20233 min read
Waterdrop Makes NYSE Debut, Aims to become China’s UnitedHealth Group in 10 Years
Chinese online insurance technology company Waterdrop Inc. said it will focus on expanding its user base in China’s lower-tier cities and growing its online insurance business.
Hello Inc. to Cooperate with SAIC Mobility and T3
Chinese transportation services platform Hello Inc. announced that it would upgrade its ride-hailing platform, cooperating with a number of other travel enterprises including SAIC Mobility, T3, Ruqi Mobility and others.
12/28/20212 min read