NewsChinese telecom shares drop in Hong Kong on NYSE act to delistChina Mobile tumbles to lowest level since 2006, while oil companies also fall. 4 mins read
On average, each of the 500 million users placed 34 orders in 2020. NewsKEY STAT | Takeouts account for over 20% of China’s F&B industry1 min read
Rival Tesla started selling its Shanghai-made Model Y on Friday, at a price that is undercutting local competitors. NewsNio launches used-car service as deliveries hit new record2 mins read
Beijing has stepped up its coronavirus response after an increase in cases. NewsDidi’s Huaxiaozhu app suspends services in Beijing after COVID-19 case1 min read
NeoStencil offers over 500 courses to 1.1 million students of which 15,000 are paid users. NewsUnacademy buys test prep startup NeoStencil to expand into smaller cities2 mins read
Bilibili’s Nasdaq-listed stock rose more than fivefold this year. NewsBilibili expects millions to tune in to New Year’s Eve gala3 mins read
Similarly, its competitors had announced talent hunt shows and competitions to increase their pool of content creators. NewsIndia’s short video app MX TakaTak announces fund to entice content creators2 mins read
Meituan has been criticized by regulators in Beijing for monopolistic practices before, notably for exploiting merchants with coercive exclusivity agreements. NewsMeituan hit with anti-monopoly lawsuit for ditching Alipay2 mins read
The government wants tech-based consumer services to cover seniors too. NewsChina pushes for friendlier digital transportation services for seniors2 mins read
NewsDeals in brief: Roojai raises Series C funding, Cove acquires Casa Mia Coliving, nine China investments, and more