Tencent partners with GAC to launch ride-hailing firm, OnTime

OnTime plans to expand into the Greater Bay Area and finally the rest of the country.

Bytedance disputes in court that phone contacts are private information

The user suing Bytedance for privacy violations and asked for RMB 1 as compensation for emotional distress.

Briefing: Foxconn chairman steps down ahead of presidential run

Terry Gou is launching his political career, and Foxconn is revamping its leadership.

China voices | Tell-all paints firm as Theranos of autonomous vehicles

An anonymous engineer describes lies and loose funding at a self-driving car startup.

Briefing: Tencent-backed WeDoctor backpedals on plans for overseas listing

Data-heavy companies are worried that listing overseas will require greater disclosure and scrutiny, especially in sensitive areas like healthcare.

Briefing: Guangzhou grants 20 test licenses to self-driving startup WeRide

Four major Chinese cities have allowed self-driving vehicle testing on designated roads.

P2P lender Dianrong raises new capital amid tightening regulations

With the new investment, the company will increase its registered capital from the current RMB 300 million to RMB 500 million to comply with new rules.

Briefing: Tencent’s ‘Game for Peace’ to bring in $1 billion by year’s end – report

The game is likely to include monetization strategies similar to those in “PUBG Mobile.”