Meituan shares drop below its IPO price despite ongoing buybacks
Meituan continues to face pres…
Kuaishou says it achieved first yearly profitability since IPO in 2023
In a brief letter to Kuaishou …
Huawei sets up smart car subsidiary, selling shares to Changan and more
Huawei on Tuesday set up a who…
Xiaomi launches Weibo legal account amid unverified reports on upcoming car SU7
On Tuesday, Xiaomi rebranded o…
BYD blade battery to power world’s largest energy storage system in Chile
The deal is the latest in BYD&…
Baidu denies report of partnership with Chinese military organizations
Baidu clarified on Monday even…
Tencent’s Honor of Kings to resume livestreaming on ByteDance’s Douyin after five-year ban: report
On Jan. 13, Tencent announced …
JD seals second partnership with CCTV Spring Festival Gala amid lackluster growth
Chinese e-commerce giant JD ha…
China’s SAIC continues restructuring efforts after lackluster sales: report
Chinese automaker SAIC has con…
Alibaba shares boosted by Jack Ma and Joe Tsai buying $200 million worth of stock
News that Alibaba co-founders …
Xianyu to open first offline secondhand marketplace as Alibaba emphasizes high hopes for the platform
Alibaba’s secondhand tra…
China’s smartphone shipments reach 289 million units, up 6.5% y-o-y in 2023
In 2023, smartphone shipments …
China sets up taskforce to boost development of solid-state EV batteries
China’s top research ins…