LeTV might be delisted from the Shenzhen Stock Exchange
Leshi, previously known as LeTV, is likely to get suspended from the Shenzhen's Stock Exchange, the Paper is reporting. On July 13, Leshi (乐视网) releas…
JD finds itself in the midst of P2P financing fraud
E-commerce platform JD.com is facing scrutiny after suspected large-scale fraud has been uncovered involving Feixun (斐讯), a brand sold on JD's platform…
Shenzhen Stock Exchange questions LeTV for using blockchain as a buzzword
Leshi Internet Information and Technology, previously known as LeTV, has been questioned by Shenzhen Stock Exchange regarding its smart TV subsidiary …
Lei Jun is a billion dollars richer after Xiaomi’s mega IPO
After a disappointing debut on Monday, Xiaomi’s shares rose above HK$20 for the first time today. As company shares soared so did the net worth of Lei …
Tesla establishes new technology innovation center in Beijing
US electric vehicle maker Tesla Motors has set up a technology innovation center in Beijing, Ren Yuxiang, Vice President of Tesla Motor, revealed in an…
Short video app Douyin permanently shuts down 33,000 user accounts
Popular short-video app Douyin (also known as Tik Tok) created by ByteDance is going thorough clean up removing a total of 27,578 short videos, 9,415 a…
Autonomous vehicles are coming but you won’t own one
Self-driving cars are a big deal in China. The country’s three tech giants—Baidu, Alibaba, and Tencent (BAT)—are all working to develop the technology.…
Ucommune confirms RMB 300 million acquisition of Workingdom, signals there is more to come
While the sharing economy mania is cooling down in the bike rental industry with ofo retreating from India and Australia, the field of co-working is se…
Chinese police cracks down on $1.5 billion cryptocurrency World Cup gambling ring
As the World Cup finals near many are eagerly anticipating the game between Croatia and France but in China, the police are playing their own game of c…
ByteDance-backed short video platform Huoshan announces RMB 1 billion project
Huoshan.com, a short video platform backed by ByteDance, announced its One Million Experts (百万行家) plan which will inject RMB 1 billion ($150 million) w…
Chinese game developers come together at Game Jam China
On July 6, 3 hours before the start of Game Jam China organized by China Indie Game Alliance (CiGA)—one of China's largest gaming and developers' commu…
One of China’s biggest live streaming platform goes public in Hong Kong today
Chinese live streaming platform Inke formally launched its IPO and started trading this morning in Hong Kong. As an early entrant to the sector, Inke …