China’s dominant smartphone makers have suffered setbacks from Covid-19 and the US-China trade war. Is 5G the light at the end of the tunnel?
Qihoo speculates that the hackers, dubbed DarkHotel, may have been attempting to get information relating to the Covid-19 outbreak in China.
China’s grocery e-commerce is evolving during the virus crisis from a convenient service to a lifeline, and has spawned new selling models.
Workforce shortages for Foxconn, China’s biggest private-sector employer, as a result of the Covid-19 outbreak will crimp revenue in the first quarter.
Baidu has unveiled a Covid-19 self-diagnosis platform aimed to help users assess risk levels and “reduce psychological panic” around the epidemic.
Meituan Dianping reported strong fourth quarter revenue, exceeding analyst consensus expectations, and booked profits for a third consecutive quarter but warned that adverse effects from the Covid-19 outbreak could last the entire year. Why it matters: Impact to the Chinese local services super app from the Covid-19 outbreak will be “significant” because of the heavily offline nature […]
Alibaba is the first major e-commerce platform to describe online consumption during the virus. Everything but groceries and household supplies are down.
Meituan Dianping reported first quarter losses that were smaller than expected, with its core food delivery business showing signs of rapid recovery.
Trip.com continued to grapple in the second quarter from stifling effects from the pandemic, and it expects the fallout to extend into the third quarter.
Alibaba is investing further into its cloud infrastructure to meet demand for digital services, which has boomed following the Covid-19 outbreak.