NewsTencent president says big tech needs more regulationChinese group beats profit forecast on hit games and fintech. 3 mins read
Xpeng Motors’ share price shot up by 33.40% to USD 44.73 following its third-quarter results. NewsXpeng Motors shows robust growth on back of strong P7 sales1 min read
Pinduoduo’s share price increased by 20.41% to a record USD 134.21 in Thursday trading following its third-quarter earnings announcement. NewsPinduoduo stock soars while its user base closes in on Alibaba2 mins read
Douyu and Huya are set to complete a Tencent-orchestrated merger in the first half of next year. NewsChinese Twitch competitors report slower growth as offline entertainment recovers1 min read
China’s Venture Roundup Volume 9 covers China’s investment activity from 1 – 8 November 2020 China Venture RoundupDelve into Pony.ai’s USD 267 million Series C and Kuaishou’s impending IPO | China’s Venture Roundup Volume 92 mins read
SMIC’s FinFET N+1 process saw a breakthrough in the reported quarter, with revenue for the foundry reaching USD 1.1 billion. NewsTop Chinese chipmaker SMIC’s Q3 sales hit record high amid tightening US export controls2 mins read
The State Post Bureau predicts the total parcel volume for Singles’ Day to reach 3 billion. NewsKEY STAT | China couriers handling 26% more parcels during this year’s shopping festival1 min read
JD.com recorded USD 40.9 billion in GMV, a 34.6% increase from last year. NewsAlibaba generates USD 74.1 billion on Singles’ Day despite COVID-192 mins read
The penetration rate of livestreaming e-commerce in China was 4.1% in 2019 and is expected to reach 8.6% by the end of 2020 and 14.3% by 2021. NewsAlibaba expects livestreaming e-commerce penetration rate to reach 30%2 mins read
