Rental Platform Beike Completes $1.5B D+ Round Led by Softbank
On Mar.4, China’s leading online long-term apartment rental companies Beike officially confirmed that it had completed a D+ round of financing.
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Chinese Esports Company VSPN Secures $100M Series B Funding Round, Led by Tencent Holdings
Chinese esports production company Versus Programming Network (VSPN) announced today that it has raised close to $100M USD in a Series B funding round, led by Chinese conglomerate Tencent Holdings.
10/26/20202 min read
Anticipated Launch: Xiaomi 14 Ultra Phone Set for March 2024 Debut
Xiaomi 14 Ultra phone appears in the IMEI database, expected to be released in March next year.
8/22/20232 min read
Zhou Hongyi Makes Bold Move: Qihoo 360 Returns to Chinese Index Via Shell Company
China's internet security giant Qihoo 360 is set to listing on the Shanghai stock exchange after it was delisted from the New York Stock Exchange last year. "C...
11/6/20178 min read
Tencent Invests in Polish Game Developer Bloober Team
With this deal, the Chinese internet giant replaces Polish investment firm Rockbridge TFI to become the gaming company's largest shareholder.
10/9/20213 min read
CATL Vice Chairman: EV Penetration Rate to Exceed Expections in 2025
During an event held this week regarding Chinese-European cooperation, Li Ping, the vice chairman of leading battery firm CATL, said: "The penetration rate of pure EVs will far exceed current assumptions by 2025."
Huya 2024Q4 and Full Year Earnings Analysis: Adjusted Net Income More Than Doubled in 2024 with $400M 2025-2027 Dividend Plan
HUYA Inc., China's leading game streaming platform, reported Q4 and 2024 results Tuesday with adjusted net income up 125.6% to $36.8 million, positive operating cash flow of 94 million yuan, and announced a minimum $400 million dividend plan for 2025-2027.
DeepSeek Server Strained, Multiple Computing Power Stocks Hit Limit Up
DeepSeek server resources are tight, and multiple computing power stocks such as Inspur Information have hit the limit up.
SenseTime Has Purchased Over 40,000 NVIDIA Chips in the Past Decade
SenseTime has bought over 40,000 NVIDIA chips in a decade, aiming for profitability within two years, says co-founder Xu Bing on Tuesday.
OPPO Invests in 3D Sensor Chip Manufacturer Adaps Photonics
Guangdong OPPO Mobile Telecommunications Corp., Ltd. now holds 3% of Shenzhen Adaps Photonics Technology's shares.
9/8/20213 min read
Chinese Apps Become Popular Overseas
Chinese apps are popular overseas, especially in Russia, America and Japan last quarter. Tool, photography and video apps are the most popular ones. In Russia,...
Samsung and LG Suspend Operations in China Due to Coronavirus
According to foreign news reports, due to the new coronavirus epidemic, Samsung Electronics and LG Electronics decided to suspend some of their operations in China until February 9.