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China’s ByteDance grossed an estimated US$75 million in revenue through selling virtual currency on its TikTok and Douyin.

The company was fined by Chinese authority in 2017 for running an online pyramid scheme.

Tesla Wednesday filed in the United States a lawsuit against its former employee Cao Guangzhi for stealing its Autopilot related trade secrets before joining Alibaba-backed Chinese EV maker Xiaopeng M

Domestic growth has been curtailed by regulatory restrictions.

The two conglomerates have different investment strategies.

Right off the heels of Google’s announcement of cloud gaming platform Stadia, Tencent has opened its own cloud gaming platform “START” for public testing by users in Shanghai and Gua

Tencent reported financials for the 2018 financial year and Q4 2018. Quarterly revenue reached RMB 84.9 billion (US$12.7 billion) in revenue, up 28% year-on-year, narrowly beating expectations of RMB

The number of monthly active users WeChat reached 1.098 billion at the end of 2018, up 11% from 988.6 million users in 2017, Tencent said at its earnings report for 2018 on Thursday. Driving this grow

Huawei will unveil its first ever smart TV set in April, expanding beyond telecom infrastructure and smartphones, online news site jiemian.com reported, citing unidentified sources with the company

Lazada and LazMall are becoming increasingly similar to their Chinese cousins Taobao and TMall