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According to an official document released on October 27 by China's State Administration for Market Regulation (SAMR), internet giant Tencent and state-owned telecommunications operator China Unicom have gained unconditional approval to establish a joint venture following the completion of a review on October 18.
Xpeng on Thursday announced its unaudited financial results for the second quarter of this year. The firm's total revenues were 3.761 billion yuan during the second quarter, representing an increase of 27.5% from the previous quarter.
Chinese technology firm Tencent announced the launch of the first batch of its 50 billion yuan ($7.74 billion) 'Common Prosperity' plan in a letter sent today to company employees.
Today, Tencent released its financial report for the second quarter of 2021, showing its total revenue reaching 273.6 billion yuan ($42.3 billion), up 23% year-on-year. Operating profit was 42.8 billion yuan, an increase of 14% YoY.
Baidu, a leading AI company with strong Internet foundations, announced on Wednesday its unaudited financial results for the third quarter of this year.
On September 7, Soho China, a commercial real estate developer listed on the Hong Kong Stock Exchange, announced that Pan Shiyi has resigned as Chairman of the Board while Zhang Xin resigned as CEO of the company.
OnePlus and InterDigital are currently in negotiations, trying to resolve the new dispute. The current ban is only limited to OnePlus phones.
The Administrative Court of Appeal in Stockholm, Sweden announced on Wednesday that it has rejected an appeal from Chinese telecommunications firm Huawei, upholding a ruling by a lower court that banned Huawei from selling 5G mobile network infrastructure in the country.
GoFurther.AI, an autonomous driving company, announced the completion of the company's round A+ of financing on August 8. This financing was jointly led by Xingxiang Capital and Ruizhu Capital.
Chinese tech giant NetEase has launched a new social product called "Xinyan," which will provide opportunities for users in the same city to get to know each other.
GAC AION, the automobile brand of the GAC Group, announced on Thursday that its first super charging and power swap station was officially completed in Guangzhou, where it is headquartered.
Chen Liang, senior vice president of Meituan and member of the S-team, the highest decision-making body, has recently resigned from his position. In fact, in the past year, Chen has gradually faded out of the daily operation and management of the Chinese food delivery giant.