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Tencent Music Entertainment Group (TME) issued an announcement on Thursday to adjust the organizational structure of two of its business units, QQ Music and WeSing.
Petal Travel, a car-hailing platform launched by Huawei in July this year, is planning a new expansion. It is also negotiating full access with another ride-hailing platform, T3 Go.
TikTok, a short video platform owned by Beijing-based ByteDance, will start testing subscriptions on Thursday for TikTok LIVE, a new program that will allow creators to generate recurring revenue via payments from their top fans.
On Tuesday, UnionTech, an industrial-grade 3D printing enterprise, completed the round D financing worth 200 million yuan ($31 million).
Thinking Data, a provider of big data analysis services for the game industry, has completed a C+ financing round worth 100 million yuan ($14.65 million), featuring investment from GGV Capital.
In the first half of 2022, China's robot industry has garnered cumulative financing exceeding 5 billion yuan ($734 million).
Car manufacturers Geely and Renault said on Monday they would jointly work to develop petrol-electric hybrid vehicles for core fast-growing markets such as China and South Korea.
Chinese internet giant Sina announced on Sept. 28 that it would go private and delist its US shares, ceasing to trade on Nasdaq where it went public in 2000, after an entity led by Charles Chao, the chairman of Sina, boosted its offer for the company to $43.3 a share in cash.
The mobile game industry has arguably become the biggest beneficiary of the COVID-19 outbreak.
Beijing-based tech giant Xiaomi released on Thursday its unaudited consolidated results for the three months ended March 31, 2022.
DJI Automotive, a subsidiary of DJI, announced its latest intelligent driving solutions at the China EV100 Forum on April 2. The company claimed that this solution can achieve L2+ intelligent driving functions without relying on high-precision maps or lidar technology.
HKSAR confirms quarantine-free travel between the Mainland of China and Hong Kong on and before January 15. WeChat Pay HK, a mobile payment platform under Tencent, will help users enjoy seamless, safe and convenient cross-border payment services in areas of travel, dining, consumption and entertainment.