Huya intends to use the funds on its content ecosystem and e-sports partners.
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Briefing: JD.com to accelerate expansion to lower-tier cities in 2019
Lower-tier cities represent a new opportunity for Chinese e-commerce giants like JD.com and Alibaba.
Drive I/O | Chinese EV makers face price hikes as nickel prices soar, Didi to enter EV market
Nickel price surge could further increase the cost of electric vehicles and force automakers to cut earnings forecasts.
INSIGHTS | The only rundown you’ll need on JD Logistics’ IPO
JD Logistics is a loss-making company that offers great service at lower profit margins. Can it fend for itself once it goes public?
Drive I/O | Key takeaways from Auto Shanghai 2021
Big auto and big tech announced EVs at Auto Shanghai 2021, putting pressure on young EV upstarts.
Alibaba doubles quarterly net profit thanks to e-commerce and cloud
Alibaba revenue surges 42% on the year in the quarter ended June 30.
China opens anti-trust investigation against Ericsson as 5G race heats up
Chinese regulators are investigating complaints against Ericsson for breaking anti-trust rules in its licensing practices for 3G and 4G technology.
Nio, Xpeng, Li Auto: your cheat sheet to China’s listed Tesla rivals
There are now three Chinese premium EV makers listed in US stock markets: Nio, Li Auto, and Xpeng. Let’s get to know them.
Bytedance is taking over the attention economy
Bytedance is set to shove Baidu aside as the B in BATs, and is taking a bite out of Tencent’s ad revenue. Why? Its ads are just more effective.
Nio’s revenue beat can’t outshine its struggle for profit
More challenges loom ahead in the pursuit of profit for Nio, as the company fights for market share amid intensifying competition.