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Liu was on August 31st on suspicion of rape and subsequently released pending further investigation. → Read More
The demand for global broadcasting increased 10 times between the Athens' Olympic games in 2004 and Rio de Janeiro in 2016. → Read More
The conclusion is drawn from a survey of over 3,000 participants in 126 countries and 300 executives from China. → Read More
Chinese investors are seeking to diversify their holdings outside of China. → Read More
The net worth of Huang Zheng, founder and CEO, jumped to $15.5 billion, surpassing that of Xiaomi’s CEO Lei Jun and NetEase CEO Ding Lei. → Read More
As the authorities have frozen approval of new games, a number of Chinese social media companies are experiencing difficulties. However, Tencent’s fall is especially dramatic. → Read More
The venture could better compete with local rivals Wildberries and Yandex. → Read More
Jack is the first founder of the BAT triumvirate to distance himself from the running of the company he founded. → Read More
Didi founder and CEO Cheng Wei revealed that the company has not profited in the last 6 months. → Read More
Meituan said the decision was made after evaluating “the synergistic value” of car-hailing services and the current market dynamics. → Read More
As to the concerns that the public opinion may affect legal justice and wrongfully accuse the innocent people, Lyn said he thought the accusations so far have been correct. → Read More
An update to a subsidiary’s filing with the local government added online taxi booking, used automobile sales and public transportation services. → Read More
According to OKCoin, Feng didn't get his Bitcoin Cash in time because he didn't claim them in time. → Read More
Founder and CEO of Redcore says the browser is based on Google’s Chromium but insisted they have adapted it to meet the demands of Chinese clients. → Read More
Mini programs have reached 200 million daily active users. → Read More
Chinese question-and-answer site Zhihu announced have raised $270 million in series E funding on August 8 and will use them to boost artificial intelligence related technology and building a better content eco-system. → Read More
A 27-year-old man received 7 years in prison for 28 pornographic video on his app—that's one year in prison for every four indecent videos. → Read More
The success of the newly-listed e-commerce Pinduoduo’s seems to have alerted other established online shopping platforms. Alibaba’s mobile payment application … → Read More
According to recent research, experts predicted only 10% of the current P2P lending companies, less than 200, could still be in business after 3 years. → Read More
Facebook is getting serious about China. According to Tianyancha, a database that compiles companies’ public information in China, Facebook set up a subsidiary, Facebook Technology (Hangzhou) Limited, in Hangzhou. The subsidiary is 100% owned by Facebook Hong Kong Limit, with funding of $30 million. Facebook applied for the registration on July 18, according to the … → Read More