China NFT Weekly: NFTs as Status Symbols
This week: Chinese label Modern Sky debuts first virtual musician, The Sandbox to launch metaverse incubator program, Chinese government rejects metaverse trademark applications, and more.
1/28/20228 min read
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Cheetah Mobile Released Q3 Financial Report, Achieving Revenue of $196 Million
On Nov. 21, Cheetah Mobile, the Chinese mobile internet company, announced its financial results for the third quarter which ended on September 30, 2018. Dur...
11/22/20183 min read
China NFT Weekly: Virtual Meetings Reimagined
This week: China's Communist Youth League launches NFTs, crypto mining rig maker Canaan added to SEC list of scrutinized Chinese companies, Regal Hotels to launch virtual conference center in the metaverse, and more.
5/9/20229 min read
ByteDance Launches New Music App for Lower Markets
ByteDance is accelerating its layout in the music field. Just after launching the app "Soda Music" in the first half of the year, it recently quietly launched another app called "Tomato Music," which is designed more for small-town and rural markets.
11/15/20223 min read
Bluehole to Sue Games that Mimick Playerunknown's Battlegrounds
Chinese game developers who attempt to shave production costs and guarantee popularity by copying top games may face trouble, TechWeb reported on November 27. S...
11/28/20172 min read
Alibaba Denies the Rumor of 'Laying Off 25,000 Employees'
On November 19th, Alibaba clarified that 'the rumors of layoffs are false.' And Alibaba has reported to the police regarding these rumors.
Li Auto Denies Former Huawei Executive Li Wenzhi to Join as CFO
Li Wenzhi, former head of Huawei's global human resources business partner department, reportedly joined Li Auto as CFO. However, the EV maker's founder said that Li joined the company to lead an office for the reform of management and finance, not serve as the CFO.
2/22/20233 min read
A Review of Chinese Brands Involved with the FIFA World Cup Qatar 2022
On November 20, the FIFA World Cup Qatar 2022 opened. From manufacturing, brand marketing, cultural derivatives to event broadcasting, the stadium is full of Chinese elements.
11/21/20223 min read
Civil Servants in A Chinese City to Receive Salaries in Digital RMB Starting from May
The announcement on April 21st that a city in eastern China will pay civil servants and public institution employees solely with digital currency starting in May has garnered significant attention.
4/23/20232 min read
OnePlus' 2019 Flagship Confirmed to be 5G Device Powered by Snapdragon 855
Even though we're only through the first week of December, OnePlus is already getting ready to brace the new year with a 5G flagship smartphone, powered by the ...
12/6/20182 min read
Kai-fu Lee: Why American Companies Struggle in China
Kai-fu Lee, chairman and CEO of Sinovation Ventures, spoke at the Davos World Economic Forum on the development of China, European and American venture capital ...
OnePlus Watch 2 Exposed in Advance
The OnePlus Watch 2 will be officially released at the MWC exhibition in Barcelona on February 26, 2024.