On December 27th, JD.com announced that starting from January 1st, 2024, the annual fixed salary for front-line employees in procurement and sales departments will increase by nearly 100%.
On December 25th, Luckin Coffee announced on social media that its 30th store in Singapore has opened.
NiuTrans is an advanced machine translation service that can greatly help Chinese online literature go global.
China's draft regulations on online games, which discourage daily login rewards and mandate user recharge limits, could significantly impact the profitability of gaming companies.
On December 22nd, DJI Education announced that Tello edu, RoboMaster EP, AI Module, DJI Education Hub will officially cease sales on December 31st, 2023.
Eddie Wu, the CEO of Alibaba Group and Chairman of Taobao＆Tmall Group, will also serve as the CEO of Taobao＆Tmall Group.
Douyin and Ele.me both deny acquisition rumors, stating that their collaboration has been steadily progressing but there are no plans for acquisition.
In response to online rumors that Bilibili will lay off all game development staff, Bilibili stated: 'The related information is not true; only some projects have been adjusted.'
At the recently held 2023 Amazon Global Selling Seller Conference, Amazon Global Selling's Asia-Pacific Innovation Center settled in Qianhai, Shenzhen.
On December 14th, NetEase's market value on the Hong Kong Stock Exchange reached HKD 53.06 billion, surpassing Meituan to become the fourth largest internet company in China by market capitalization.
WeChat Pay launched the 'Learn First, Pay Later' feature. As long as your WeChat Pay score exceeds 600 points, you can 'attend classes first and pay later'.
On December 12th, SVOLT announced its 'SVOLT 2024 Strategy', which includes product leading strategy, SVOLT speed service, and AI intelligent manufacturing strategy.
On December 11th, China Literature announced the acquisition of Tencent Animation and Comics' related business and IP assets for 600 million yuan.
On December 8th, the HeyTea Broadway store in New York officially opened for business, marking the official launch of HeyTea's development in the US market.
On December 9th, Richard Liu, the founder and chairman of JD.com, replied to employee comments on the company's internal network, stating that JD.com must change or there will be no way out.
Kuaishou, the popular Chinese short-video platform, announced extensive restructuring across its main site, e-commerce, and commercialization operations.
On December 6th, Ximalaya denies recent plans to carry out a company-wide layoff of approximately 30%.
Insiders say that SenseTime is considering separating its autonomous driving and healthcare businesses for separate financing.
On December 3rd, Tencent Music Entertainment Group announced that MOO Music, a subsidiary of the group, will officially cease its services on December 31st, 2023.
On November 30th, Sunyard released a clarification announcement stating that Demi Guo, one of the founders of Pika, is the daughter of Sunyard’s actual controller Guo Huaqiang. Apart from this relationship, there are no other connections between Sunyard and Pika.