Business

Meitu Reported Net Losses Of CNY190.8 Million In 2019

Meitu recently published its annual results for 2019, stating that the company realized total operating revenue of CNY977.9 million, a year-on-year increase of 3.2%. According...

Maoyan Entertainment Signed Framework Supplemental Agreement With Tencent

Maoyan Entertainment recently published an announcement, stating that its board of directors decided to sign a supplemental agreement with Tencent, aiming to amend the...

UK's TransferWise To Cooperate With Alipay For Chinese Market Development

According to reports in foreign media, UK's online money transfer service provider TransferWise recently announced that the company would cooperate with Chinese mobile payment...

Ant Financial Acquired Small Shares Of Klarna

According to reports in foreign media, Europe's highest market value fintech company Klarna recently announced that China's Ant Financial had obtained small shares of...

iFlytek Published Performance Report For 2019

iFlytek recently published its performance report for 2019, stating that the company's total operating revenue reached over CNY10 billion in 2019, which was four...

Citrix Appointed Kathy Chen As Global VP

Citrix recently announced to appoint Kathy Chen as its new global vice president, leading partnership business in Asia Pacific and Japan. Chen will report to...

Xiaomi Appointed Wang Chuan As CSO

Xiaomi recently announced an important personnel change to appoint co-founder Wang Chuan as chief strategy officer of the company. At the same time, Xiaomi's general...

Autohome Net Profit Up 9.1% In Q4 2019

Chinese automobile information website Autohome recently published its financial report for the fourth quarter and the entire year of 2019. According to the report, the...

VFine, Kingsoft Office Reached Music Copyright Cooperation

According to reports in Chinese local media, music copyright publishing platform VFine Music recently reached in-depth strategic cooperation with Kingsoft Office. With the cooperation, VFine...

Xiaomi Published Voluntary Announcement

China's Xiaomi Corporation recently published a voluntary announcement, which revealed the company's expected revenue and R&D expense in 2019. According to the report, by December...

Jing Xiandong Replaced Peng Lei To Be Legal Representative Of Alipay

According to reports in Chinese local media, Alipay's legal representative has been changed from Peng Lei to Jing Xiandong. Meanwhile, Peng will no longer be...

Xiaopeng Motors Donated CNY3 Million Worth Of Goods To Medical Institutions

According to reports in Chinese local media, Xiaopeng Motors recently announced to donate CNY3 million worth of medical supplies, cars and services to medical...

Tesla To Build R&D Center In China

Tesla announced via its official WeChat that the company will build a research and development center in China to recruit outstanding talents and create...

Foxconn Reported Operating Revenue Of USD57.6 Billion In Q4 2019

According to reports in Taiwanese local media, Foxconn announced in its financial report for the fourth quarter of 2019 that its operating revenue was...

Amap, HERE Technologies Reached Cooperation For Overseas Map Service

Amap and HERE Technologies jointly announced that they will implement cooperation basing on overseas map and dynamic information service. With the cooperation, HERE will provide...

Byton, Marubeni Reached Cooperation

Chinese automobile maker Byton formally reached strategic cooperation with Japan's Marubeni and Marubeni will participate in Byton's series C funding. Apart from the investment, the...

Bilibili, QQ Music Reached Strategic Cooperation

Bilibili.com and QQ Music jointly announced an in-depth strategic partnership and the two parties will implement cooperation in musician support, quality music promotion, and...

Tesla Gained CNY9 Billion Loan From Chinese Banks

American electric car maker Tesla recently filed with the U.S. Securities and Exchange Commission, stating that the company reached agreements with Chinese lenders who...

Rumor: Ant Financial To Acquire Shares Of Vietnam E-wallet Provider

According to reports in foreign media, Alibaba's fintech company Ant Financial has acquired substantial shares of Vietnam e-wallet provider eMonkey. This strategic investment is reportedly...

Legend Holdings Chairman Retires

Legend Holdings formally announced that according to plan, Legend Holdings' chairman, executive director and founder of Lenovo Group Liu Chuanzhi will no longer be...

Xiaopeng Motors, NIO Reached Cooperation For Charging Station Sharing

According to reports in Chinese local media, Xiaopeng Motors and NIO's NIO Power recently signed an agreement and the two parties will implement cooperation...
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