Automaker Changan parters with Tencent, Alibaba on RMB 10 billion mobility business
In a national movement towards a high-value and sustainable economy, Beijing is vigorously promoting electric vehicles with subsidies.
Briefing: Tencent doubles down on customized cloud computing services
The rivalry between Tencent and its long-term competitor Alibaba in the cloud computing industry is heating up.
Chinese telecom operators cautious about investments in 5G
Total investments will need to reach RMB 1.23 trillion in order to build China’s 5G networks.
Briefing: Bitmain reportedly planning to deploy 200,000 units of its own mining equipment
The move could show that mining companies are preparing to invest again after last year's contraction in capacity.
Pinduoduo’s free cash flow conundrum
To what extent is the cash in payables to merchants and merchant deposits freely usable by Pinduoduo?
Briefing: Controversial social e-commerce platform Yunji files for $200 million US IPO
The company was previously fined almost RMB 10 million in 2017 over allegations of using pyramid schemes to grow.
More than 500 fraudsters arrested over fake Didi transactions
The arrests follow Didi's claims that it removed nearly 140,000 fraudulent driver accounts from its platform in 2018.
Briefing: Huawei to release rumored TV set in April
The device could possibly be equipped with dual cameras, among other features.
