NewsKEY STAT | Tencent buys additional 10% stake in Universal Music GroupTencent Music Entertainment participated in the deal. 1 min read
More than 100,000 individuals were willing to participate in a group-buying initiative for the Rolls-Royce Phantom. NewsPinduoduo offered Rolls-Royce vehicles at USD 187,000 discount2 mins read
The retail giant announced in September that it intended to purchase 7.5% of the new TikTok Global. NewsWalmart introduces TikTok livestreaming shows to US shoppers2 mins read
Domestically, the gaming industry reported a 20.7% jump in total income for the year. NewsKEY STAT | Chinese games revenue overseas has broken through RMB 100 billion for the first time1 min read
Can internet companies overcome challenges in the hardware industry? InsightsPeriscope Volume 7 | This industry may spawn the next Xiaomi (Part 2 of 2)3 mins read
China Venture Roundup Volume 14 covers China’s investment activity from December 7 to 13 2020. China Venture RoundupDesigned to replace human labour: ‘Yours’ autonomous delivery robot | China Venture Roundup Volume 143 mins read
The new operating system can help Huawei reduce its reliance on US technology and services. NewsHuawei rolls out Harmony OS for smartphones to replace Android1 min read
In September, Luckin was fined USD 8.83 million in China. NewsLuckin Coffee will pay USD 180 million penalty to settle SEC fraud claims2 mins read
The area is the hometown of Chinese unicorns like ByteDance, Xiaomi, Didi, and Meituan. InsightsHow Zhongguancun became the innovation hub powering China’s tech aspirations6 mins read