2021 Q2 Advertising Revenue of Major Chinese Internet Companies Shows Market Picking Up
Reports show the impact of the Covid pandemic has basically been eliminated and the advertising market is rapidly rebounding.
9/2/20213 min read
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Sea's E-commerce Platform Shopee Cuts Staff in China
Shopee, an e-commerce platform owned by Singapore's Sea Limited, will cut some jobs around the world. According to one Shopee employee in Shenzhen, the company has reduced at least one business line in the base to a third of what it was.
OPPO Introduces a New Generation of Flash Charging Technology
Leading global smart device brand OPPO recently held its “What’s Next for Flash Charging?” OPPO Flash Charge Open Day on July 22, during which it unveiled the most recent achievements from its ongoing research into fast charge technology and the development of its Flash Charge technology solution.
7/27/20213 min read
BYD Surpasses LG to Become World's Second-Largest EV Battery Supplier
A report released by leading South Korean consulting firm SNE Research on May 3 showed that Chinese company BYD has surpassed South Korean firm LG Energy Solution and ranked second with a market share of 16.2%.
Huobi Partners With Tron to Launch First National Token in Dominica
In order to advance the global development of Web3 and the metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world's first national token, the Dominica Coin (DMC).
11/29/20222 min read
Meituan and Luxshare Precision Make Debut on Fortune Global 500
Meituan and Luxshare Precision enter the Fortune Global 500 for the first time, while Gree drops out of the list.
What Should be Done about the Fitness Industry in China?
If you walk around central business areas in Beijing or Shanghai, you will likely be stopped by the nearby gyms’ hardworking sales team.
10/6/20198 min read
China Allows BOSS Zhipin, Full Truck Alliance Apps to Resume User Registration
Three popular apps that had been placed under review by China's cyberspace regulator last year announced the resumption of new user registrations on Wednesday.
Suning.com's Q3 Net Losses Reach $642 Million Amid Liquidity Crisis
On October 29, Suning.com released its performance report for the first three quarters of 2021, showing that the company's operating income in the third quarter was 21.968 billion yuan ($3.4 billion), down 64.82% year-on-year.
11/1/20213 min read
NetEase's Blizzard Game Refund Application Channel in China Attracts Nearly 1M Users
After Blizzard's games agencies via NetEase in China rolled up their services at the end of January, NetEase announced on February 1 that it would open a refund application channel for players who had recharged but not used some of their virtual currency or unexpired game services.
2/2/20233 min read
General Motors Conducts Autonomous Driving Road Tests in Shanghai with Chinese Company Momenta's AI Technology
Recently, General Motors has been granted the qualification for Intelligent Connected Vehicle(ICV) road testing in Shanghai and is conducting Level 4 autonomous driving tests with the support of Momenta's AI technology.
China Establishes Deep Space Exploration Laboratory
China has set up its first deep space exploration laboratory in order to better carry out the exploration and research on space technologies, according to Wu Weiren, the chief designer of China's Lunar Exploration Program.
3/10/20222 min read