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    Xiaomi invests big in R&D

    Jul 3, 2022

    Chinese tech company Xiaomi Corp said it is expected to invest more than 100 billion yuan ($14.92 billion) into research and development over the next five years as part of its broader push to sharpen its R&D capabilities and explore new technologies.

  • Tencent mobilizes swift response after QQ data hijacked

    Jul 3, 2022

    Tencent said on Monday the company is collecting criminal evidence after a large number of users reported their QQ numbers were stolen and used to send advertisements to their friends on the instant messaging service.

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    JD, Tencent extend strategic partnership

    Jul 3, 2022

    Chinese e-commerce giant JD said in an announcement on the Hong Kong Stock Exchange that it has extended strategic partnership agreement with tech heavyweight Tencent Holdings Ltd for a period of three years.

  • China's internet sector reports steady revenue growth in first 5 months

    Jul 3, 2022

    China's internet sector saw steady growth in business revenue in the first five months of the year, data from the Ministry of Industry and Information Technology showed.

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    Lenovo launches its first in-house plant in Europe

    Jun 19, 2022

    Chinese tech heavyweight Lenovo Group Ltd is expanding its global manufacturing footprint with a new factory in Ullo, Hungary.

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    Didi on OTC bourse after delisting from NYSE

    Jun 19, 2022

    Chinese ride-hailing company Didi Global Inc was set to start trading its shares on the over-the-counter market on Monday, after delisting from the New York Stock Exchange on Friday and pending a China cybersecurity review-prerequisites for its business to resume normal operations.

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    Cainiao opens China-US sea freight service

    Jun 19, 2022

    Cainiao Network has introduced an international logistics service promising "port-to-warehouse" delivery between China and the United States within 30 days, the latest move to facilitate cross-border transportation and bolster exports by Chinese merchants.

  • JD's appetite for ready meals biz grows

    Jun 10, 2022

    Chinese e-commerce giant JD Inc is betting big on the fast-growing ready-to-cook, ready-to-heat and ready-to-eat meals segment, which has gained popularity among younger Chinese consumers since the outbreak of the COVID-19 pandemic.

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