NewsXiaomi Q4 revenue beats expectations as production close to full recoveryThe company reported revenue of USD 7.97 billion, up 27% year-on-year. 2 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
DiMuto uses blockchain, internet of things, and AI to help digitize the agrifood supply chain. NewsSingapore agrifood startup DiMuto secures funding to enter Latin America2 mins read
The firm also said that the construction of two production bases in Guangdong and Shanghai will be completed in the second half of 2020. NewsCHINA BRIEF | Evergrande Health reports widening losses but maintains optimism and prepares launch of first EV1 min read
More companies are stepping up to do their part during the pandemic. NewsRedDoorz provides free rooms for frontline healthcare workers during the COVID-19 pandemic2 mins read