Business

Mobike Formally Stopped Operation

Chinese shared bike platform Mobike announced on its official app that its services and operations had been formally stopped at 23:59 on December 14,...

Didi Established Urban Transportation And Service Business Group

Didi announced new structure adjustments and established a new urban transportation and service business group, which is led by Fu Qiang. Meanwhile, Sun Shu will...

Tencent's Relevant Company Invested In Shadow Moon Game Studio

Information from Tian Yan Cha, a business information inquiry website, shows that Shanghai Shadow Moon Information Technology Co., Ltd. recently filed an industrial and...

Baidu To Build Scale Robotaxi Fleet In Shanghai

According to reports in Chinese local media, Baidu announced to realize a scale Robotaxi fleet in Jiading, Shanghai. At the same time, the company signed...

People Data, Qixin.com Jointly Established Financial Data Center

People Data (National Big Data Disaster Recovery Center) and Qixin.com jointly announced the formal establishment of People Data Financial Data Center, and the two...

Alibaba Xi'an Digital Origin Warehouse Formally Put Into Operation

According to reports in Chinese local media, Alibaba's digital origin warehouse in Xi'an has been formally put into operation. By the end of November 2020,...

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...

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...

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...

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...

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,...

37 Interactive Entertainment Net Profit Up 7.22% In Q3 2020

Chinese online game company 37 Interactive Entertainment recently released its report for the third quarter of 2020. The report showed that the company's operating revenue...

Xiaomi Group Buys Land For International Headquarters In Shenzhen For CNY531 Million

According to reports in Chinese local media, Xiaomi recently purchased a commercial site for CNY531 million. The site is located in the central area of...

Yiche's Privatization Agreement Approved By General Meeting Of Shareholders

Yiche recently announced that the company's privatization agreement reached previously had been approved by shareholders at an extraordinary general meeting. In June 2020, Yiche Holding...

Tencent May Increase Stake In UMG By 10%

According to reports in foreign media, Tencent plans to increase its stake in Universal Music Group by 10% before its option expires in January. At...

Baidu's Self-driving Taxis Fully Opened In Beijing

Baidu announced on its official Weibo that its self-driving taxi service has been fully opened in Beijing. People in Beijing can directly place an...

IFlytek Established Big Data Company In Zunyi

According to information from Tian Yan Cha, a business information inquiry website, Zunyi Xunfei Super Brain Big Data Company Limited was established on September...

Uxin Signed Stock Offering Agreement To Raise USD25 Million

China's Uxin Limited published an announcement, stating that the company has signed final stock offering agreements with two investors. According to the agreements, Uxin will...

Geely Sales Up 11% In September 2020

Geely Automobile Holdings Limited recently published an announcement, stating that the company's total sales in September 2020 reached 126,400 units, representing an increase of...

Jack Ma Steps Down As Director of Alibaba Group

According to Alibaba's announcement on the Hong Kong Stock Exchange, Jack Ma will no longer serve as a director of Alibaba Group in accordance...
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