NewsMicrosoft in talks with TikTok’s Indian competitor ShareChat to invest USD 100 millionMicrosoft seeks to acquire TikTok’s global businesses, including India’s. 2 mins read
Tencent’s Hong Kong-listed shares dived 10% following the news, erasing USD 34.6 billion in market capitalization. NewsByteDance threatens to sue US government on ban ‘issued without any due process’2 mins read
Xiaomi continued to be the number one player, with about 29% market share, followed by Samsung and Vivo. NewsIndian smartphone market set to recover in second half of the year4 mins read
Shangjia Xiaochengxu aims to help the retail sector to upgrade digitally and seek additional revenue growth. NewsWeChat Pay launches feature for brick-and-mortar merchants, takes on Meituan and Ele.me2 mins read
Beijing-backed SMIC downplays risk of losing Huawei orders. NewsChina’s top chipmaker ups capex to USD 6.7 billion after bumper quarter4 mins read
The shared-office model has been disrupted both by the coronavirus pandemic and the public collapse of WeWork. NewsCHINA BRIEF | China WeWork rival Ucommune puts brakes on US IPO plan, plans backdoor listing1 min read
WeChat has little presence in the US, but is an integral communication tool for Chinese people overseas. NewsCHINA BRIEF | Trump signs orders to ban business with ByteDance and Tencent, to take effect in 45 days1 min read
In May, another Li One caught fire in Changsha, when a car paint protective pad, that was stuck to the exhaust pipe, ignited. NewsCHINA BRIEF | Li One vehicle catches fire on the road, two hospitalized1 min read
Chinese ride-hailing giant Didi Chuxing has already entered into a ‘strategic partnership’ with the central bank over the sovereign digital currency plan. NewsChina’s digital currency edges closer with large-scale test by four state-owned banks3 mins read