Speculation about ByteDance potentially acquiring the Chinese food delivery platform Ele.me resurfaced on Monday. Despite both Alibaba, the current owner of Ele.me, and ByteDance denying any discussions regarding the deal, which could be worth around US$7 billion to US$8 billion, rumors continue to…

...Click here to read more »

Ping An Insurance (Group) Company of China, Ltd. announced that it was represented by Richard Sheng, Secretary of the Board of Directors of Ping An Group, at the launch of the Guidance for Disclosure of Environmental, Social and Governance (ESG) Information for Insurance Institutions, hosted by the Insurance Association of China. The Guidance is the

Ping An Insurance Focuses on ESG Disclosure Guidance comes from ChinaCSR.com -…

...Click here to read more »

The leading trio in China’s enterprise software market – Tencent’s WeChat Work, Alibaba’s DingTalk, and ByteDance’s Lark Suite – are vying for dominance in a sector increasingly influenced by generative AI. Alibaba’s DingTalk and ByteDance’s Lark Suite have rapidly introduced generative AI-driven functionalities,…

...Click here to read more »

China is ramping up the development of an “artificial sun”, a project spearheaded by a collaboration of state-owned enterprises and privately funded startups. This initiative represents a significant stride in the field of controlled nuclear fusion, aiming to replicate…

...Click here to read more »

At 13:30 on January 11, 2024, Beijing time, a Chinese startup called Orienspace successfully launched the Gravity-1 Y-1 commercial carrier rocket in the sea near Haiyang, Shandong. The rocket delivered the Yunyao-1 No. 18-20 satellites into their predetermined orbits, according to…

...Click here to read more »

ByteDance, the Chinese short video tech titan, could be undervalued given its rapid expansion both domestically and internationally. With substantial room for growth in its e-commerce sector, ByteDance is poised for significant advancements. Its forays into global markets are set to…

...Click here to read more »

We updated our suite of graphics tracking the impact of Hong Kong’s National Security Law. The law, which went into effect on June 30, 2020, and the allegation of “sedition,” have been used to arrest 286 individuals, charge 156, and convict 68 as of the end of 2023.

Reasons cited for some of the arrests in the second half of 2023 include wearing a T-shirt with the slogan “Liberate…

...Click here to read more »

Tencent, a Chinese tech behemoth, is potentially acquiring ByteDance’s gaming subsidiaries NUVERSE and Mutong Technology, a move that could significantly strengthen their partnership and reshape the gaming industry landscape globally. These assets, on the market…

...Click here to read more »

As of November 24, 2023, China’s artificial intelligence (AI) sector recorded 531 investment events with a total investment of 66 billion yuan year-to-date, indicating a downward trend in the field’s popularity. This decline in enthusiasm is attributed to increased investor caution…

...Click here to read more »

As of November 24, 2023, China’s artificial intelligence (AI) sector recorded 531 investment events with a total investment of 66 billion yuan year-to-date, indicating a downward trend in the field’s popularity. This decline in enthusiasm is attributed to increased investor caution…

...Click here to read more »