On Feb. 26, the Chinese venture of Canadian coffee giant Tim Hortons completed its second round of financing, although the precise amount of new investment remains undisclosed.
The Feb. 6 death of a young woman in Changsha, Hunan province, who leapt from a moving van operated by vehicle-hailing platform Huolala has stirred up tremendous online attention in China over recent days.
Following the Feb. 8 ban of the invite-only social media app Clubhouse, two copycat products have already been fully developed and launched in a race to replace the app within the domestic market.
On Feb. 10, Reuters reported that Energy Monster, a Chinese company that specializes in power-sharing devices, plans to file an initial public offering (IPO) in the U.S., aiming to raise US$300 million.
Leading bottled beverage brand Genki Forest has become the biggest shareholder of Never Coffee, now representing 51% ownership in the specialty coffee and e-commerce platform.
An interview of Apple CEO Tim Cook by a 22-year-old Bilibili content creator went viral in China.
Leading online InsurTech company Waterdrop Inc. is reported to be in full preparation for a U.S. initial public offering (IPO) in the next quarter.
Artificial intelligence (AI) giant Baidu Inc. on Feb. 18 released its unaudited financial results for the fourth quarter of the fiscal year ending on Dec. 31, 2020.
For many, it is easy to fall down the rabbit hole of Pop Mart’s fantasy world and hard to ever climb out of it, which gives birth to the secondhand Pop Mart blind box market, a thriving sector in China.
Huawei CEO Ren Zhengfei responded to a series of hotspot issues about the company, including whether to sell its terminal business.
Recently-listed short video company Kuaishou has confirmed on Feb. 8 that it will issue 100 shares to each eligible employee after the lunar Chinese New Year festival, according to Jiemian News.
China’s regulatory watchdog on Feb. 7 released new anti-monopoly regulations targeting tech giants and a recent escalation in unfair competition.
Debt-ridden LeTV on Feb. 6 updated its app to Android 9.24 and changed its icon, adding the caption “owing 12.2 billion yuan.”
Leading Chinese electric vehicle manufacturer NIO Inc. said on Feb. 4 that it will spend 5.5 billion yuan (approximately $850 million) to purchase 3.305% of its subsidiary entity NIO China from two investors.
Zhang Zhao, former CEO and executive director of LeVision Pictures, one of the largest film production companies in China, died at the age of 58 on Feb. 3.
The persistent war of anti-monopoly has been fueling up as ByteDance’s Douyin on Feb. 2 announced to sue tech giant Tencent for restricting users to share Douyin content on WeChat and QQ.
In 2020, a total of 37 Chinese mobile games have earned more than $100 million in overseas markets, according to the latest report from Sensor Tower.
On Jan. 31, Chinese smartphone maker Xiaomi announced to have sued the U.S. Department of Defense and the U.S. Treasury Department in hopes to reverse the executive order that bars American capital in the company.
Huabei and Jiebei, two micro-loaning platforms of Ant Group, have launched a quota management function to advocate rational consumption.
EV manufacturer Faraday Future has agreed to go public through a merger with the Property Solutions Acquisition Corp (PSAC) with the combined entity valued at $3.4 billion.