WeChat mini programs are luxury brands’ new trick for cashing in on Chinese Valentine’s Day

Luxury brands have a new marketing trick up their sleeves for Chinese Valentine's Day–WeChat mini programs.

Startup accelerator Y Combinator names Baidu’s former AI talent Lu Qi as China Founding CEO

YC said their choice shows the importance of China which marks the first global step for the US-based accelerator.

Ucommune raises $43.5 million in Series C funding

The company has been on a spending spree recently, following acquisition with acquisition.

Foxconn’ weak quarterly earnings suggest plateauing global smartphone market

Taiwan’s contract electronics maker Foxconn reported a lower quarterly net profit on Monday, extending a downward…

Zhejiang government calls out Tencent for lack of consumer support in WeChat Pay fraud cases

Tencent responded saying it would fully implement WeChat Pay's real name verification system.

Xiaomi plans launch of another premium smartphone to tackle Indian market

Xiaomi has scheduled to launch a separate smartphone band Poco to enter world premium Android phone competition.

Samsung may suspend operation at Tianjin factory due to slowing sales in China

Samsung has invested more heavily in production facilities in Vietnam and India in recent years.

Two Chinese ride-sharing platforms said to raise $730 million

The new funding can be seen as support for both the EV market and ride-sharing and ride-hailing.