Didi slashes employees' bonuses in half following poor company performance

Employees of Chinese ride-hailing firm Didi will receive only half of their…


China issues standards for cutting delivery waste amid e-commerce boom

The Chinese government has issued a set of standards to promote the use of…


Meitu piggybacks on Zepeto's success with AI-powered cartoon feature

TechNode team members test out AI features on Zepeto (left) and MeituPic…


Baidu to invest RMB 1 billion in mini-program development

Chinese search giant Baidu has launched an RMB 1 billion (around $140 million)…


LeEco

Three Le.com executives resign as company faces over RMB 3 billion in debts

Three executives of cash-strapped Leshi Internet (Le.com) have resigned,…


Former Didi driver sentenced to death for murdering passenger in Shenzhen

A court in the southern Chinese city of Shenzhen has sentenced a former Didi…


Xiaomi Lei Jun

Xiaomi restructures to increase its focus on the Chinese market

Chinese smartphone maker Xiaomi is restructuring its business to focus on the…


Tencent to shut down WebQQ in January

Tencent-owned QQ, one of China’s first social networking and messaging…


Alibaba’s 'Double 12' shopping event sales driven by food platforms

(Image Credit: Alibaba) After breaking its own sales record during November's…


Quora-like Zhihu rumored to lay off hundreds of employees

Zhihu, China’s Quora-like knowledge sharing platform is reportedly laying off…