Sales of electric cars plummeted 77.7% this year as the coronavirus outbreak put a dent in China’s auto industry. NewsChina to extend NEV subsidies for two more years as sector eyes 30% growth2 mins read
Despite postponements and format changes, it’s still game on. InsightsE-sports: The only game in town3 mins read
The company reported revenue of USD 7.97 billion, up 27% year-on-year. NewsXiaomi Q4 revenue beats expectations as production close to full recovery2 mins read
Farms, models, news clips, vlogs, and more. There’s something for everyone in China’s short-video app industry. InsightsThe top Chinese short-video apps in 2020 vying to grab your attention with fast content8 mins read
Originally a baby and mom e-commerce platform, Orami now offers various services to help parents who are raising young children. InsightsOrami sets sights on becoming the first parenting super app: Startup Stories4 mins read
The company’s rotating chairman cautioned that the external environment will only get more complicated going forward. NewsHuawei reports 19.1% revenue growth in 2019 amid drop in Asia Pacific sales2 mins read
Meituan made total revenues of USD 4 billion in the fourth quarter of 2019, representing a 42.2% year-on-year increase. NewsMeituan reports solid Q4 but expects gloomy outlook for 20202 mins read
Inke was an early leader in the livestreaming sector, but has lost market share to large competitors. NewsLivestreaming platform Inke posts revenue decline despite efforts to regain lost luster2 mins read
The deal makes Yuanfudao the top Chinese online education startup by valuation. NewsYuanfudao bags USD 1 billion in largest-ever edtech fundraising deal in China2 mins read
Multiple e-commerce companies met government officials to discuss smooth delivery of essential items. NewsAmazon and Flipkart strengthen supply chain amid growing demand for essential products2 mins read