The murder of two passengers has exposed Didi and China’s ride-hailing industry to increased scrutiny.
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Posted inHeavy Hitters
Xiaomi restructures mobile phone business as company moves away from ‘flat’ structure
The restructuring follows reports that Xiaomi is trying to become ‘more regulated.’
Posted inTurf Wars
Baidu restructures to focus on AI and cloud computing
The newly-formed department will be considered the cradle of “new growth engines.”
Posted inOn the Cusp
Chinese consumer electronics giant TCL restructures, pivots to panels
In a bid to gain competitive advantage, the company will focus on semiconductors and displays.
Posted inOn the Cusp
MissFresh, Dingdong Maicai file for US IPOs, JD expands overseas: Retailheads
MissFresh, Dingdong Maicai, two Chinese online grocers, filed for US IPOs. JD.com and its logistic branch are expanding overseas.
Posted inHeavy Hitters
Xiaomi restructures to increase its focus on the Chinese market
The company’s products are generally cheaper than its rivals,’ leading to its success in developing markets.
Posted inHeavy Hitters
Alibaba reshuffles executives in fintech, travel, retail units
The Alibaba restructuring involved fintech affiliate Ant Financial, online travel platform Fliggy, retail, and entertainment units.
Posted inOn the Cusp
Luckin apologizes to staff after month-long fraud tumult
Luckin apologized to its employees for the upheaval following its fraud admission in early April, and on the same day removed its CEO and COO.
Posted inHeavy Hitters
Chinese travel firms restructure apps to comply with new e-commerce law
The law doesn’t just prohibit fake products and reviews on shopping sites like Taobao.
Posted inViews
CHINA VOICES | Official media: Ant is only the beginning
Chinese observers predict that Ant itself could be broken up, and Ant-like rectification plans could be imposed on big tech fintech platforms.
