PingWestflipped into PingWestE-Learning Chinese regulator fines top domestic edtech giants for false advertising - PingWest PingWestThe State Administration for Market Regulation, China's top market regulaor, today imposes the maximum penalties on two of the country’s fastest-growing tutoring apps were for violating competition and...
PingWestflipped into PingWestSemiconductors China Semiconductor Imports Decline From All-Time High In the Previous Month - PingWest PingWestBeijing (PingWest)- Semiconductor imports by China in April decline slightly after it reached all time high in March, according to the statistic released by China’s customs. China imported 54.7 billion...
PingWestflipped into PingWestChina Local Gen-Z’s love for Chinese talent shows boosts Tencent and iQiyi’s SE Asian growth- PingWest PingWest - Rebbeca RenAn increasing number of Chinese people feel that the country can provide a globalized model not only for economic development but also for cultural leadership, and the popularity of the Chinese talent...
PingWestflipped into PingWestCapital Raising Tencent-backed insurtech Waterdrop raises $360M in New York IPO- PingWest PingWestBeijing (PingWest)—Waterdrop, an online insurance technology company backed by Tencent, went public in the US on Friday, raising $360 million. The company operates an online insurance market called Shuidibao,...
PingWestflipped into PingWestRetail Is Weibo no longer the top choice for foreign celebrities jumping on the Chinese social network hype?- PingWest PingWest - Chen DuNevertheless, Ms. Musk’s usage of Xiaohongshu as a promotional channel is the right move, as data show that her Xiaohongshu account already has more followers than her Weibo account, registered back in...
PingWestflipped into PingWestChina Nio to Start Delivering Cars to Norway in September- PingWest PingWestBeijing (PingWest)—Nio announced Thursday it plans to begin deliveries in Norway in September, following the footsteps of its domestic competitor Xpeng Motors. Chinese electric vehicle brand plans to launch...
PingWestflipped into PingWestDidi Chuxing Didi Chuxing Considers Spinning Off Its Community Group Buying Business After IPO- PingWest PingWestBeijing (PingWest)—Didi Chuxing, which aims to go public in New York this summer, is making plan to spin off its community group buying business Chengxinyouxuan and list it separately, The Information...
PingWestflipped into PingWestChina Tencent Is Reportedly To Talk With U.S. to Maintain Ownership Stakes in Epic and Riot Games - PingWest PingWestBeijing (PingWest)-Tencent Holdings is said to negotiate agreements with a US national security panel that would allow it to keep its ownership stakes in U.S. video game developers Riot Games and Epic...
PingWestflipped into PingWestChina Vivo and Oppo Take Top Two Spots in China's Smartphone Market As Huawei Declined Amid U.S Sanctions - PingWest PingWestBeijing (PingWest)- Oppo and VIVO surpassed Huawei to become China’s largest and second-largest smartphone brands in the first quarter of 2021, as consumer business of the Shenzhen based telecom giant...
PingWestflipped into PingWestChina ByteDance Appoints Its CFO As the CEO of TikTok- PingWest PingWestBeijing (PingWest)—Shou Zi Chew, chief financial officer of ByteDance (CFO), will also serve as TikTok's chief executive officer (CEO), and Vanessa Pappas, TikTok's interim head, has been appointed as...
PingWestflipped into PingWestChina Indonesian Ride-Hailing Giant Gojek Shift Completely to Electric Vehicles By 2030- PingWest PingWestBeijing (PingWest)- Indonesian ride-hailing startup Gojek has announced plans to offer electric vehicles for every car and motorcycle on its platform by 2030, co-Chief Executive Kevin Aluwi said. The electric”...
PingWestflipped into PingWestTechnology (China) Massive Demand and Foreign Sanctions Send China’s Big Techs Into EV Making In Flocks- PingWest PingWest - Aron ChenChina, the world's largest electric vehicles market, saw more than 1.3 million EVs sold in 2020, representing 41% of the global sales, according to data from Canalys. That market still has plenty of room...
