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Tencent is negotiating a new deal that would boost its stakes in Supercell, a Finnish smartphone game developer, at a valuation of roughly $11 billion.
Meituan released its Q2 financial results on Monday. The State Administration for Market Regulation announced on the same day that it had investigated Meituan's failure to report its acquisition of Mobike in accordance with the law.
Shenzhen-based automotive firm BYD offered various updates on vehicle delivery time, the launch of its fifth-generation DM-i technology in 2024, and the firm's approach to next year's falling subsidies.
The Joint Research Institute of Metaverse and Virtual-Real Interaction was formally established by a group of institutions and tech firms recently in Shanghai.
On Mar. 21, Razer, the leading global lifestyle brand for gamers, announced a collaboration with Tencent Holdings Limited, the tech giant in China and global publisher of PUBG Mobile and Arena of Valor, to bring the mobile gaming experience to the next level.
Chinese beverage company Genki Forest has been undergoing extensive adjustments to its organizational structure recently.
Some web users posted pictures recently suggesting that Chinese beverage chain Luckin Coffee has opened branches in Thailand. In response, Luckin Coffee issued a statement on August 9, clarifying that such reports were not true.
PwC responds to layoffs of employees in China: "This is a difficult decision, and we have optimized the organizational structure based on market demand."
Denza, a joint venture between BYD and Daimler AG, announced that a new concept car will be unveiled at the Chengdu Motor Show on August 26.
Chinese e-commerce and fashion platform Mogu Inc., which has reportedly carried out substantial layoffs recently, announced its financial report for the first half of fiscal year 2022.
Wei-Ying Ma, Vice President of ByteDance and Director of its Artificial Intelligence Laboratory, is leaving to join Advanced Industry Research (AIR)
Xiaomi aims to be the top smartphone brand in Europe in the near future, said Xiaomi’s CEO Jun Lei Thursday during Xiaomi’s developer conference in Beijing.