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ByteDance nets top user spends
Feb 18, 2022
Short video app Douyin and its overseas version TikTok continued to top the charts for in-app consumer spending among non-game mobile apps, the latest ranking report showed.
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Honor's rise heats up smartphone market
Feb 18, 2022
Honor Device Co Ltd's shipments have surged to make the company China's second-largest smartphone maker with a 16.7 percent share of the market, a new industry report from Counterpoint, a market research provider, showed.
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Baidu's car-making JV raises $400 million
Feb 11, 2022
Jidu, a joint venture between Chinese technology giant Baidu and Chinese carmaker Geely, said Wednesday that it has raised nearly $400 million from its two parents.
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Video apps cash in on rebroadcasting rights
Feb 11, 2022
Chinese video streaming platforms are scrambling to grab a new breed of subscribers willing to pay by acquiring rebroadcasting rights for the Beijing 2022 Winter Olympic Games and inviting well-known Olympic champions and celebrities to deliver commentary, industry analysts said.
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Top 10 internet of things firms in China
Feb 11, 2022
China's internet of things industry registered skyrocketing growth in 2021, thanks to a variety of applications including smart homes, internet of vehicles, and intelligent city platforms.
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Robot torch relay vehicle reveals road to the future
Feb 10, 2022
An unmanned vehicle carried the Olympic torch this month for the first time in Games history, showcasing China's driverless vehicle ambitions and capabilities.
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Meituan expands scope of digital yuan payment
Jan 28, 2022
Meituan, a Chinese e-commerce platform providing life services, recently announced it has further expanded the range of digital yuan payment to more than 200 offline consumption scenarios, including catering, fresh food retailing, ride-hailing, hotels, tourism and entertainment.
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Chinese companies expand abroad in hard times
Jan 28, 2022
Chinese brands, including gaming companies, smartphone makers and short video apps, are continuing to expand their overseas business despite fallout from the COVID-19 pandemic, and international awareness of those brands is seeing a sustained rise, experts said.