Internet

Tuniu Net Revenue Down 85.5% In Q3 2020

Chinese online tourism services provider Tuniu published its financial report for the third quarter ended September 30, 2020, stating that its net operating revenue...

Suning Open Platform Commodity Trade Scale Up 56.83% In First Three Quarters of 2020

According to Suning's financial report for the third quarter of 2020, from January to September 2020, the commodity trade scale on the open platform...

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...

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)...

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...

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,...

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...

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...

Momo's COO To Take CEO Role

Chinese location-based mobile social services provider Momo announced that Wang Li, president and COO of Momo, would replace Tang Yan, founder of the company,...

Youzu Net Profit Down 20.56% In First Three Quarters Of 2020

Youzu.com, a Chinese online game company, recently released its financial report, stating that during the first three quarters of 2020, the company's operating revenue...

China Media Intelligence Services Expand Offerings Across Asia

What happens in the media -- whether in online news, social media chatroom, or in print magazines -- influences society. And companies have long...

TikTok To Hire 3,000 Engineers Worldwide In Three Years

According to reports in foreign media, TikTok plans to recruit 3,000 engineers in the next three years, mainly in Europe, Canada and Singapore. The spokesperson...

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...
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