Internet

IReader Technology Net Profit Up 53.75% In First Three Quarters Of 2020

IReader Technology recently released its performance report for the third quarter of 2020, stating that during the first three quarters of 2020, the company's...

Tencent Video, NBC Japan Reached Strategic Cooperation

Tencent Video and NBC Universal Entertainment Japan announced a strategic cooperation, under which NBC Universal Entertainment will exclusively distribute some Tencent Video shows in...

Giant, Huawei Establish Ecological Joint Innovation Lab

Giant Network and Huawei formally signed an ecological and technological cooperation agreement, under which the two parties will implement in-depth exchanges and cooperation in...

Huya, DouYu Formally Sign Merger Agreement

According to reports in Chinese local media, Huya and DouYu jointly announced that the two parties have signed a "merger agreement and plan". Based on...

Sogou Signed Privatization Agreement With Tencent

Sogou and its parent company Sohu both published announcements, stating that Sogou has signed a final privatization agreement with THL A21 Limited, TitanSupernova Limited...

China Mobile, China Gas Reached Strategic Cooperation

According to reports in Chinese local media, China Mobile and China Gas recently signed a strategic cooperation framework agreement. Under the agreement, the two parties...
Trump Hates China

America Builds Wall Against TikTok And WeChat

American President Donald Trump's administration announced that both ByteDance's TikTok and Tencent's WeChat apps would be prohibited from being downloaded via American app stores...

58.com Announced Completion Of Privatization Merger With Quantum Bloom

58.com announced that the company has completed merger with Quantum Bloom Company Ltd in accordance to the merger agreement signed on June 15, 2020. After...

Alibaba To Launch New Manufacturing Platform

According to reports in Chinese local media, Alibaba has launched a new manufacturing platform named Xunxi.com. The platform is positioned as a new manufacturing intelligence...

Fang.com Appointed Wang Ke As Acting CFO

Chinese real estate website Fang.com announced to appoint Wang Ke as new acting CFO and the company also announced that it plans to issue...

NetEase Operating Revenue Up 25.9% In Q2 2020

NetEase recently published its financial report for the second quarter of 2020, stating that its net revenue reached CNY18.18 billion, a year-on-year increase of...

Sogou Revenue Down 14% In Q2 2020

Sogou.com recently published its financial report for the second quarter of 2020, stating that its total revenue was USD261.2 million, a year-on-year decrease of...

NetEase Cloud Music Reached Strategic Cooperation With Alibaba's 88VIP

According to reports in Chinese local media, NetEase Cloud Music and Alibaba's 88VIP recently announced strategic cooperation. At present, NetEase Cloud Music's vinyl VIP annual...
Donald Trump the Chump

Stung By TikTok, Vindictive Trump Shows He's a Chump As He Attacks ByteDance

At a moment in an election year where he is seen trailing in most national polls to rival Joe Biden, American President Donald Trump...

NetEase Cloud Music Reached Cooperation With Douyin

According to reports in Chinese local media, NetEase Cloud Music and Douyin formally announced cooperation to jointly establish a "music and short video" content...

Tencent Plans To Fully Acquire Sogou

Sogou recently confirmed that the company had received an initial non-binding proposal from Tencent which aimed to fully acquire Sogou at the price of...

Renren Appointed New Independent Director

Renren recently announced that the company has appointed Cong Lin, vice president of 58 Group, as independent director, effective on July 27, 2020. Meanwhile, Pu...

Alibaba's International Site Provides CNY1 Billion Subsidy For New Foreign Trade

Alibaba's international site recently set up CNY1 billion "new foreign trade special subsidy" to help traditional foreign trade companies realize digital transformation. It is said...

360 Finance Announced Changes To Management

360 Finance recently published an announcement of organizational structure upgrade, which covers organizational structure adjustment and strategy update. According to the announcement, 360 Finance appointed...

Alibaba To Build AIoT Innovation Center

Aliyun IoT and Tmall Genie jointly announced plans to establish an AIoT innovation center, which will integrate Alibaba's technical abilities to fully enable the...

MIIT: China's Internet Companies Realized CNY471.9 Billion Revenue In First Five Months Of 2020

Ministry of Industry and Information Technology of China recently published the operating conditions of China's Internet and related service companies for the first five...
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