Fast Fashion Giant SHEIN Allegedly Steals Designs
SHEIN, a fast fashion retailer founded in China in 2008, recently fell into a copyright infringement dispute over alleged design theft.
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ByteDance Starts Stock Option Buyback at $155 Per Share, 9% Higher Than Last Round
According to an internal ByteDance email on October 12, the company has started a new round of stock option buybacks at a price of $155 per share, which is about 9% higher than the previous round of buybacks.
10/13/20223 min read
Tencent Enters Top Five of Forbes Global Tech Firm List
Forbes published the list of the world's largest tech firms on May 12th, where Chinese Internet giant Tencent now rounds out the top five.
5/16/20222 min read
Dada Group Founder Departs, JD Retail CEO Takes Over as Board Chairman
Dada Group, China's leading local on-demand delivery and retail platform, on August 22 released its unaudited results for the second quarter of fiscal year 2022 and announced changes to certain executive positions and its board composition.
8/23/20223 min read
Huawei Builds World's First Outdoor F5G OptiX SuperSite
On November 3, Qinghai Unicom and Huawei jointly completed the commercialization of the world's first outdoor F5G OptiX SuperSite solution in Dagaoling Village, Huangyuan County, Qinghai Province.
11/3/20212 min read
Asian Goods Shopping Platform Yami Secures $50M in Round-B Financing
Yami, the largest online shopping platform in North America specializing in Asian commodities, announced Wednesday that it has raised round-B financing of $50 million.
4/1/20222 min read
Google Invests $550 Million in Chinese E-Commerce Giant JD.com
On June 18, JD.com announced a strategic investment of $550 million from Google and an establishment of a broad strategic partnership between both parties. SEE...
6/19/20182 min read
ByteDance to Sue US Government over the TikTok Ban on Monday: Full Announcement
TikTok Parent ByteDance announced that it is going to sue the Trump administration after the recent executive order that threatened a complete ban on the company’s business in the United States.
8/23/20202 min read
Kuaishou's KLING AI Adds New 'Lip-Sync' Feature
Kuaishou's KLING AI has added a "lip-sync" feature. After generating a video with KLING, you can upload an audio file to synchronize the lip movements of the video characters with the audio.
Hesai Technology Addresses Lidar Products Bug
Hesai Technology confirmed that two older models of their L4 mechanical lidars experienced a software bug. The issue has been identified and solutions have been provided to the affected customers.
2/29/20243 min read
Genshin Impact Publisher miHoYo Sets up HQ in Singapore
The headquarters of HoYoverse, a global interactive entertainment brand owned by game developer miHoYo, was recently opened in Singapore.
7/21/20222 min read
Meitu's Stock Price Fluctuates Throughout the Year
In the past 8 months, Meitu's stock price has also experienced a roller coaster-like trend with ups and downs. In the first half of this year, Meitu turned losses into profits, but the main reason was not its core business but the recovery of cryptocurrency prices from previous investments.