Geely subsidiary Zeekr on Thursday laid out plans to join the country’s most competitive mass-premium EV segment to compete with Nio and Tesla.
Tencent promised to abide by the provisions of the Anti-Monopoly Law, including refraining from illegal collection and misuse of personal information.
Just two weeks after a crackdown on imported gaming consoles in Shenzhen, the grey market has mostly recovered to its semi-legal status quo.
Following its $2.8 billion penalty for unfair business practices, Alibaba is easing some of its stringent requirements for store openings on Tmall.
Chinese tech companies’ overseas investment activity, including the 3.4% stake Tencent bought from Rakuten, is facing increasing scrutiny.
Alibaba was hit with a $2.8 billion fine for anti-competitive practices including “forced exclusivity.” What is it, and why did the platform use it?
Regulators fine Alibaba $2.8 billion while food delivery app Sherpa’s is also penalized. Baishi Express and J&T Express are punished for price dumping.
Calling partners and exhibitors in the tech industries to join us at the BEYOND Expo 2021 in Macao this August!
Crypto mining rig maker Ebang share prices sank after a short report, while competitor Canaan reported declining fourth quarter revenue.
Crypto mining rig maker Canaan says it has signed contracts worth $174 million to deliver its products. It again reported narrowed losses for Q4 2020.