ByteDance to Hire 10,000 Employees Worldwide Amid Global Economic Downturn
Beijing-based ByteDance has started a recruiting spree in the middle of coronavirus tumult, opening 10,000 positions globally.
4/16/20202 min read
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Chinese GPU Startup Moore Threads Raises $313 Million in Series A Financing Round
Moore Threads, a Chinese graphics processing unit (GPU) enterprise, announced on Thursday that it had completed an A round of financing in which it raised 2 billion yuan ($313 million).
11/25/20212 min read
WeRide and Hyundai Motor to Build Demonstration Zone for Driverless Hydrogen Cars
Chinese automated driving startup WeRide reached an agreement on October 25 with HTWO, a hydrogen fuel cell system brand under Hyundai Motor, and Guangzhou Hengyun Enterprises Holding to cooperate in the field of hydrogen-powered unmanned driving.
10/26/20222 min read
Alibaba Kicks Off Hong Kong IPO
Chinese internet conglomerate Alibaba Group announced on November 15 the launch of its long-awaited Hong Kong public offering.
11/15/20193 min read
Huawei Files Lawsuit Against US Federal Communications Commission
On December 5, Huawei filed a petition with the Fifth Circuit Court in New Orleans.
12/5/20193 min read
China Netcasting Services Association: No Editing Short Video Clips Without Authorization
On Wednesday, the China Netcasting Services Association released a document entitled "Detailed Rules of Online Short Video Auditing Standards," which is a revised version of a previous edition published in 2019.
12/16/20212 min read
Alibaba Suspends Talks to Raise $1 Billion for Lazada
Chinese tech giant Alibaba had previously mentioned its intention to raise at least $1 billion for Lazada, its e-commerce platform in Southeast Asia, but has since rolled back its off.
2/23/20222 min read
Meituan App No Longer Supports Alipay
Chinese food delivery and rating platform Meituan Dianping has recently removed Alibaba’s online payment platform Alipay in its app, Tech Planet reported Wednesday.
7/30/20201 min read
Lei Jun Successively Withdrew From Director Roles at Several Xiaomi-Affiliated Companies
Commercial inquiry platform Tianyancha shows that Lei Jun (Executive Director) has withdrawn from the main personnel positions of Chengdu Beida Asset Management Co., Ltd.
10/21/20212 min read
Tencent Shuts Down QQ Tang Game 17 Years After Launch
Chinese internet firm Tencent announced Wednesday that its well-known game "QQ Tang" will officially cease operations in the Chinese mainland, and the game server was closed at 11 a.m. today.
Xiaoju Charging Arranges "Preferred Station" Nationwide in China
Nowadays, the number of new energy vehicles in China has exceeded 10 million, and more and more consumers are choosing to buy electric cars. Recently, Xiaoju Charging, a smart charging operator under DiDi Chuxing, launched "Xiaoju Preferred Station", which focuses on improving users' charging experience from operational, service and product technology aspects.
3/30/20234 min read
China's Ski Hype: Trendy on Social Media, Drab at Outskirts Resorts
The ski industry boom is real in China, but skiing is not always as glamorous as represented on social media. A significant proportion of China's skiers had their hands-on experience in semi-professional resorts often located in the outskirts of China's third-tier cities.
2/21/202214 min read