Move is response to ‘disorderly expansion and data security problems’ in sector. NewsChina to launch state-owned ride-hailing platform3 mins read
Full Truck adds clients again after yearlong halt while Didi nears delisting. NewsBeijing begins to relax pressure on New York-listed Didi, Boss Zhipin, Full Truck Alliance2 mins read
Beijing’s regulatory crackdown on tech has prompted startup investors to diversify NewsVCs raise record funds for Southeast Asia, India as money leaves China4 mins read
The platform has been repeatedly targeted by regulators for its lack of content restrictions. NewsChinese internet regulator dispatches officials to Douban office for content overhaul2 mins read
China’s central bank may fine Tencent hundreds of millions of yuan. NewsTencent shares plunge on reports of money laundering violations and new rules on online usage caps for minors2 mins read
With China’s watchdogs keeping a close eye on the tech giant, Tencent is hoping that more strategic investments will prove lucrative. InsightsAmid regulatory crackdowns, Tencent takes a tactical approach to its investments6 mins read
Nearly 4 million people have signed up as gig drivers on ride-hailing platforms as of January 2022. NewsChinese ride-hailing and trucking platforms ordered to reveal pricing rules2 mins read
All financial and business entities must review their balance sheets and report their ties to the Alibaba affiliate. NewsChina’s state-owned enterprises to examine financial exposure to Ant Group, report says2 mins read
Competitors have eaten into Didi’s market share after it was removed from app stores in China last year. NewsDidi set to lay off 20% of staff as multiple business lines fail to meet expectations3 mins read
More than 14,000 video game companies shut down between July and December 2021. NewsChina’s refusal to approve new games forces gaming companies to cut staff2 mins read