Xiaomi Group Reported Operating Revenue Of CNY72.2 Billion In Q3 2020

Xiaomi Group recently published its financial report for the third quarter of 2020, stating that the group's total revenue reached CNY72.2 billion, a year-on-year...

Latest Updates

JD Explore Academy Formally Established

During JD's global technology explorer conference, the company announced to formally establish JD Explore Academy to attract top talents from all over the world. It...

Hon Hai Plans To Invest USD270 Million To Enlarge Production In Vietnam

According to reports in foreign media, Hon Hai plans to invest USD270 million to enlarge its product line in Vietnam. Hon Hai will establish a...

China Unicom Boasts 269 Million 4G Users By October 2020

China Unicom released its operating statistics for October 2020, showing that the cumulative number of China Unicom's mobile billing users reached 309 million; however,...

Huawei Pay Launched In Malaysia

UnionPay International announced that Huawei and Industrial and Commercial Bank of China Malaysia branch reached cooperation to launch Huawei Pay in Malaysia. A representative from...

Tencent Music Revenue Reached CNY7.58 Billion In Q3 2020

Tencent Music Entertainment Group recently published its unaudited financial report for the third quarter ended September 30, 2020. According to the report, the company's total...

Xiaomi China CMO Resigned For Health Reason

According to reports in Chinese local media, Xiaomi China chief marketing officer Yang Zhe has resigned due to health reason. In June 2020, Yang joined...

SMIC Net Profit Up 168.6% In First Three Quarters Of 2020

Semiconductor Manufacturing International Corporation recently published its financial report for the third quarter of 2020, stating that the company's revenue in the third quarter...

Kingsoft Reported Operating Revenue Of CNY1.397 Billion In Q3 2020

Kingsoft recently released its financial report for the third quarter of 2020, stating that its operating revenue was CNY1.397 billion during the reporting period,...

Huawei Officially Sells Honor Brand

A group of companies recently published a joint announcement, stating that Shenzhen Zhixin New Information Technology and Huawei have signed an acquisition agreement, under...

LATEST POSTS

Baidu To Acquire YY's Domestic Livestreaming Business For USD3.6 Billion

Baidu announced that the company has signed a final binding agreement with Huanju Group to fully acquire the latter's domestic livestreaming business (YY Live) for...

Sogou Revenue Down 31.2% In Q3 2020

Sogou recently published its unaudited financial report for the third quarter ended September 30, 2020. According to the report, based on GAAP, Sogou's total operating revenue...

Tencent Reported Net Profit Of CNY38.542 Billion In Q3 2020

Tencent Holdings Ltd. has released its financial report for the third quarter and the first three quarters ended September 30, 2020. According to the report, Tencent's...

AWS Launched Two New File Storage Services In China

Amazon Web Services announced to formally launch two new file storage services: Amazon FSx for Windows File Server and Amazon FSx for Lustre, which are...

China Index Holdings Reported Net Profit Of CNY76.1 Million

China Index Holdings, a real estate information and analysis service platform provider, recently released its unaudited financial report for the third quarter ended September 30,...

NetDragon Signed Digital Contents Licensing Agreement With Pearson Global Schools

NetDragon Websoft Holdings Limited announced that the company has signed a licensing agreement with Pearson Global Schools, which is under the Pearson Education Group. Under the...

Baofeng Group Formally Delisted

According to the latest information from Shenzhen Stock Exchange, Baofeng Group will be formally delisted. As of November 9, 2020, Baofeng Group's closing price was CNY0.28...

Xiaomi Announced To Hire 5,000 Additional Engineers

During Xiaomi's developer conference, Lei Jun, chairman of Xiaomi, revealed that the company currently has a R&D team of over 10,000 people, and it plans...

Cainiao's EWTP In Malaysia Starts Operation

Cainiao's another eWTP digital hub recently started formal operation in Kuala Lumpur, Malaysia, which will help the country become a high-growth regional logistics center, bringing...