The rash of recent price cutting in China’s auto market could further squeeze the profitability of manufacturers already struggling with slowing demand.
Baidu and Pony.ai said on Friday they have won permits to provide fully driverless ride-hailing services in the Chinese capital of Beijing.
Xiaohongshu is gaining traction in the livestream shopping sector thanks to Chinese actress Dong Jie, who generated over RMB 30 million ($4.3 million) in sales in a livestream.
Duoduo Video, a vertical short video offering from Pinduoduo has reportedly recorded comparable watch time statistics to Tencent’s WeChat Channels.
One of the hottest apps in the U.S. right now is TikTok’s lesser-known sibling that is also owned by Chinese parent ByteDance Ltd.
Chinese smartphone maker Honor and Chinese fintech giant Ant Group have jointly announced a strategic cooperation agreement on March 16.
BYD is setting up separate divisions with corresponding executive appointments and dedicated operation teams to improve efficiency and boost internal competition.
WeChat is gearing up to tap hundreds of millions of viewers on its fast-growing short video platform for sales and new profits in a race with ByteDance’s Douyin.
Douyin, the Chinese version of TikTok owned by ByteDance, quietly launched an application called “Qingtao,”.
ByteDance's short video app Douyin has begun supporting Alipay's collection code, a mobile and online payment platform.
More than three years after China’s central bank started digital currency trials, adoption in one of the initial test beds, Suzhou, remains lethargic.