VC financing in China decreased dramatically in the second half of last year.
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As autonomous vehicles demand faster and ultra-low latency data transport, 5G is viewed as imperative for the industry’s development and likewise, autonomous driving is also viewed as a key use case f
Robin Li, the chairman of China’s Baidu, has shared his key objectives for the company. In the coming year, Li said Baidu must “build a strong mobile ecosystem” and “achieve su
The Cyberspace Administration of China has ordered WeChat, Liaotianbao, Duoshan, and Matong to follow legal procedures when adding new functions or publishing new applications.
After the deal, the Beijing-based startup will be valued at US$8.5 billion, multiple times higher than its rival Uxin, which is listed on NASDAQ and had a market capitalization of about US$1 billion a
Even during the Chinese Spring Festival holiday between Feb 4 and Feb 10, Chinese residents in these 442 cities, which account for two thirds of China’s 657 cities, could still enjoy some governmental