The Chinese Internet model is being pursued overseas
The mobile phone selling like hotcakes in Africa isn’t Samsung nor Apple, but Tecno, a Shenzhen-based telecommunications company in China. According to open sta...
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Malta Calls for Recall of Children's Shoes with Excessive Harmful Chemicals Sold on Shein and Temu
The Malta Competition and Consumer Affairs Authority has issued a recall notice for five children's shoe products on the ecommerce platforms Shein and Temu due to concerns about potentially harmful chemicals.
12/13/20242 min read
Family Feud Over First 5G Smartphone
It is clear that the competition to dish out the first 5G phone is heating up, and the family feud between the sister brands OPPO, Vivo and Oneplus, all owned b...
Hillhouse Capital Increases Holdings in XPeng and Li Auto
HHLR Advisors, the investment management firm of Hillhouse Capital focusing on secondary markets, has released information on its US stock portfolios in the fourth quarter of 2021.
2/15/20223 min read
Alibaba First, Xiaomi Eighth in Ranking of Chinese Online Advertising Revenue
Beijing-based Zhongguancun Interactive Marketing Lab, together with institutions including PricewaterhouseCoopers (PWC), on Thursday jointly released the 2021 China Internet Advertising Data Report.
1/14/20222 min read
China Reacts to the New iPhones
Apple's annual September launch took place on Sept. 12 this year in California where the much anticipated upgrades to the iPhone X and Apple Watch were announce...
Chinese E-Grocer Missfresh Bolsters Upstream Supply Chains Through Private Brands and Direct Sourcing
Missfresh is stepping up to improve profitability by developing in-house labels and expanding the scale of direct sourcing as the main problem China’s online grocery sector faces has changed from the last-mile logistics to the first-mile supply chain.
12/13/202112 min read
China NFT Weekly: The Hype Around Virtual Real Estate
This week: Hong Kong property tycoon invests in Animoca Brands, Crypto exchange BitMart lost $150 million to hackers, Meta opens up access to its VR social platform Horizon Worlds, and more.
12/16/20217 min read
Cross-border E-commerce Unicorn SHEIN Responds to Relocation of Headquarters to Singapore
China's cross-border e-commerce unicorn SHEIN has made a Singapore firm its holding company, and Chris Xu, SHEIN's founder and CEO, has also become a permanent resident of the city-state.
2/17/20222 min read
Tencent Applies for WeChat Input Method Trademarks
According to public information on Chinese business data platform Tianyancha, Tencent has recently applied for the registration of several trademarks related to input methods on its WeChat application.
8/30/20222 min read
Chinese EV Maker Nio Shares Surge 14% to Hit $100 Billion Market Valuation Following ET7 Sedan Debut
Shares of Chinese electric vehicle (EV) company Nio jumped as much as 14% on Monday, propelling the carmaker to a market valuation of more than $100 billion, m...
ByteDance Tests AI Chatbot Product "Grace"
Amidst a flood of AI products from leading corporations such as Baidu, Huawei, and Alibaba, ByteDance's AI project has also emerged on the surface.
6/9/20233 min read