Xiaomi reports $15 billion global sales revenue over past 7 years

(Image credit: Xiaomi) Xiaomi has revealed its total sales revenue in overseas markets over the past seven years. The…


Briefing: Huawei unveils first consumer-ready foldable phone, the Mate X

Huawei's new foldable phone will top both Apple and Samsung in price, costing around $2600 - CNBC What happened: At an…


China’s first batch of Tesla Model 3 arrives at Shanghai harbor

US car manufacturer Tesla on Friday began delivery of the first batch of its popular Tesla Model 3 in China, one month…


Lured by generous exit packages, Didi employees scramble to be fired

Following the reports of lay-offs and heavy losses, ride-hailing company Didi is rumored to be offering downsized…


Didi rival Yidao backtracks on driver-payment mechanism amid bankruptcy rumors

(Image credit: Yidao Yongche) Chinese ride-hailing firm Yidao Yongche has delayed the relaunch of an online cash…


Briefing: China’s first AI pilot zone lands in Beijing

国家级人工智能试验区落户北京 - Beijing Evening News What happened: The government of Beijing on Wednesday launched China’s first…


Financial bug worth millions of RMB found in WeChat challenger Liaotianbao

(Image credit: Kuairu Technology) Smartisan-backed messaging service Liaotianbao, an updated version of the…


Briefing: Tencent invests in Douban FM to shore up its music streaming business

豆瓣FM获腾讯音乐战略投资 将重大改版上线 — Sina Tech What happened: China’s music streaming platform Douban FM received strategic…


Tencent reveals investment portfolio for the first time

Martin Lau, president of Tencent Holdings Ltd (Image credit: Tencent) Today, social media and content giant Tencent…


Beijing begins introducing measures to protect gig-economy workers, starting with delivery drivers

(Image credit: JD.com) Beijing's municipal government announced today nine measures to support the development of the…