NewsBaidu and Samsung join hands to kick off mass production of AI chip Baidu KunlunThe mass production will start in early 2020. 2 mins read
Senior vice president and CFO of Legend Holdings Ning Min is expected to be the successor. NewsLenovo’s founder and Legend Holdings Chairman Liu Chuanzhi steps down after over 30 years in charge2 mins read
It has started hotel booking service as well and is aiming 3,000 bookings a day by this year-end. NewsKIP-backed HappyEasyGo tops up its fuel tank with a new funding round2 mins read
Ant Financial’s Alipay is valued at over USD 150 billion and is now expanding quickly outside of China. NewsHow Alipay is killing cash in China, and wants to take the world stage6 mins read
The platform will roll out a content creator center, and promises incomes of about USD 1,400 per month for its trendsetters. NewsSocial commerce unicorn Xiaohongshu wants to monetize by driving revenues for its content creators3 mins read
Oppo holds 26.2% market share in both mid-range and low-end categories. NewsHaving defeated Samsung, Oppo now dominates the Indonesian smartphone market3 mins read
Although, Xiaomi is posting record growth one quarter after another, its competitors are coming after it with full force. NewsXiaomi sees strong growth in offline sales in India3 mins read
They aim to develop BEVs that better fit Chinese customers. NewsBYD and Toyota mull larger share in China’s battery electric vehicle market with new JV2 mins read
The country’s central bank previously asked third-party payment platforms to clear obstacles preventing international tourists to use their mobile payment services. NewsFollowing Alipay, WeChat Pay is now also accessible to overseas visitors coming to China2 mins read
InsightsHong Kong’s stablecoin regime takes shape as China eyes alternatives to dollar-based payments
