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TechNode

Latest news and trends about tech in China

Posted inHeavy Hitters

Geely to sell its Zeekr electric cars directly to customers

by Jill Shen Apr 16, 2021Apr 16, 2021

Geely subsidiary Zeekr on Thursday laid out plans to join the country’s most competitive mass-premium EV segment to compete with Nio and Tesla.

Posted inHeavy Hitters

Tencent, Alibaba’s Hema, Didi pledge to comply with anti-monopoly rules

by Louis Hinnant Apr 15, 2021Apr 16, 2021

Tencent promised to abide by the provisions of the Anti-Monopoly Law, including refraining from illegal collection and misuse of personal information.

Posted inPosts

Grey market for console gaming imports rebounds after crackdown

by Eliza Gkritsi Apr 15, 2021Apr 16, 2021

Just two weeks after a crackdown on imported gaming consoles in Shenzhen, the grey market has mostly recovered to its semi-legal status quo.

Posted inHeavy Hitters

Alibaba eases Tmall store rules after pledging better merchant support

by Julia Lu Apr 15, 2021Apr 15, 2021

Following its $2.8 billion penalty for unfair business practices, Alibaba is easing some of its stringent requirements for store openings on Tmall.

Posted inTurf Wars

Japan scrutinizes Tencent stake in Rakuten over national security

by Wei Sheng Apr 15, 2021Apr 15, 2021

Chinese tech companies’ overseas investment activity, including the 3.4% stake Tencent bought from Rakuten, is facing increasing scrutiny.

Posted inWith Chinese Characteristics

What is ‘forced exclusivity’? And why did it get Alibaba fined $2.8 billion?

by Wei Sheng and Emma Lee Apr 15, 2021Apr 15, 2021

Alibaba was hit with a $2.8 billion fine for anti-competitive practices including “forced exclusivity.” What is it, and why did the platform use it?

Posted inHeavy Hitters

Alibaba fined, delivery service price dumping: Retailheads

by Julia Lu and Louis Hinnant Apr 14, 2021Apr 14, 2021

Regulators fine Alibaba $2.8 billion while food delivery app Sherpa’s is also penalized. Baishi Express and J&T Express are punished for price dumping.

Posted inEvents

BEYOND Expo 2021: calling for partners and exhibitors

by Suzanne Loo Apr 14, 2021Apr 14, 2021

Calling partners and exhibitors in the tech industries to join us at the BEYOND Expo 2021 in Macao this August!

Posted inOn the Cusp

Listed crypto mining rig makers in trouble, Filecoin scrutinized: Blockheads

by Eliza Gkritsi Apr 13, 2021Apr 13, 2021

Crypto mining rig maker Ebang share prices sank after a short report, while competitor Canaan reported declining fourth quarter revenue.

Posted inHeavy Hitters

Canaan reports loss-making year, expects revenue rebound in 2021

by Eliza Gkritsi Apr 13, 2021Apr 13, 2021

Crypto mining rig maker Canaan says it has signed contracts worth $174 million to deliver its products. It again reported narrowed losses for Q4 2020.

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Latest stories

  • Geely to sell its Zeekr electric cars directly to customers Apr 16, 2021
  • Tencent, Alibaba’s Hema, Didi pledge to comply with anti-monopoly rules Apr 15, 2021
  • Grey market for console gaming imports rebounds after crackdown Apr 15, 2021
  • Alibaba eases Tmall store rules after pledging better merchant support Apr 15, 2021
  • Japan scrutinizes Tencent stake in Rakuten over national security Apr 15, 2021
  • What is ‘forced exclusivity’? And why did it get Alibaba fined $2.8 billion? Apr 15, 2021
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