Business

China Telecom, JD Logistics Reached Strategic Cooperation For 5G Technology Realization

China Telecom and JD Logistics recently signed a 5G strategic cooperation agreement, under which the two parties will implement research innovation and cooperation focusing...

Alibaba To Launch Hong Kong IPO On November 26

Alibaba Group announced that they plan to be listed on the main board of Hong Kong Stock Exchange with stock code "9988" on November...

Hong Kong's Tech Companies Gain Financial Reprieve

With rumors of technology companies feeling the financial sting of the ongoing protests in Hong Kong, one key government landlord is giving a helping...

36Kr Holdings Eyes IPO In U.S.

China's 36Kr Holdings Inc., 36Kr's media business, previously submitted its prospectus to the U.S. Securities and Exchange Commission, aiming to raise up to USD100...

Rumor: Tencent Acquired 10% Stake In PolicyBazaar For USD150 Million

According to reports in foreign media, after several months' negotiation and communication, China's technology giant Tencent finally decided to invest about USD130 million to...

Aptiv VP Joined Didi Autopilot Company As CTO

Didi recently announced that Wei Junqing, former global engineering vice president of Aptiv, has joined Didi's autopilot company as chief technology officer, report to...

58.com Appointed New International Business President

Chinese classified information platform 58.com recently announced to appoint Zhou Hao as its international business president, fully leading the company's international business expansion outside...

Baidu Invested CNY1.4 Billion In Neusoft

According to reports in Chinese local media, Baidu announced a strategic investment in Dalian Neusoft Holding Co., Ltd., with a total investment of CNY1.443...

SAIC Motor, Alibaba Reached Strategic Cooperation Agreement

According to information from Alibaba, SAIC Motor and Alibaba reached a strategic cooperation agreement to jointly create the next-generation intelligent networking car. The two parties...

Meitu Made Strategic Investment In Dajie.com

Meitu recently published an announcement, stating that the company will make a strategic investment in Dajie.com by issuing shares and cash payment to acquire...

NavInfo, BMW Sign CNS Service Agreement

China's NavInfo recently published an announcement, stating that the company has signed a service agreement with BMW for car networking system. According to the agreement,...

Tencent Music Reported Net Profit Of CNY927 Million For Q2 2019

Tencent Music recently published its unaudited financial report for the second quarter of 2019, stating that their total operating revenue reached CNY5.9 billion, a...

NetEase Published Financial Report For Q2 2019

Chinese Internet company NetEase recently published its unaudited financial report for the second quarter of 2019, stating that its net income was CNY18.769 billion,...

iDreamSky, Mail.ru Reached Cooperation

Chinese game publisher iDreamSky and Russian technology giant Mail.ru recently reached cooperation to jointly publish and invest in games in the Asian and European...

Huawei Achieved Operating Revenue Of CNY401.3 Billion In H1 2019

Chinese telecom device maker Huawei recently published its business results for the first half of 2019. Liang Hua, chairman of Huawei, said that during the...

Renault Enters China's New Energy Market

Renault Group and Jiangling Group announced the formal establishment of a joint venture to further promote the two parties' strategic layout in the Chinese...

Zhipin.com Revealed Plans For IPO

Zhao Peng, founder of Chinese recruitment website Zhipin.com, recently revealed at the company's media conference that Zhipin.com's annual operating revenue has reached CNY1 billion...

Suning, Rakuten Reached Strategic Cooperation

According to reports in Chinese local media, Suning.com recently signed a strategic cooperation plan with Japan's largest e-commerce platform Rakuten. Under the agreement, the two...

Former Baidu VP Joined VIPKID

VIPKID officially confirmed that Zheng Zibin, former Baidu vice president and CTO of Baidu mobile ecology business group, has joined VIPKID as CTO, leading...

CATL To Increase Investment In German Plant

Chinese car battery manufacturer Contemporary Amperex Technology Co., Limited. recently announced to increase its planned investment in its new factory in Germany. According to CATL's...

Terry Gou Steps Down From Hon Hai Chairman Role

Terry Gou formally stepped down from Hon Hai chairman role and Hon Hai announced after its shareholders' meeting that Liu Yangwei, chairman of Foxsemicon...
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