Browsing Tag
china
50 posts
Baidu Exceeds Quarterly Revenue Estimates On Growth In Its Cloud Business
Shares of China’s biggest search engine Baidu were up 3.2 percent in pre-market trading on news of its…
Tencent Reports First-ever Revenue Drop, Takes A Hit From Covid-19 Resurgence And Increased Gaming Regulations
Chinese big tech company Tencent reported its first-ever year-on-year revenue decline induced by a resurgence of Covid-19 and…
Tencent Music Reports Better-than-expected Second Quarter Revenue
Tencent Music Entertainment reported better-than-expected revenue for the second quarter thanks to an increase in paying subscribers. The…
Amazon Is Pulling Out Its Kindle Business In China
E-commerce titan Amazon is pulling out its kindle business from China. The company said on Thursday that it…
WeChat Suspends Some Accounts Associated With NFTs
China is very strict about cryptocurrencies, in fact, they remain banned in the country and platforms such as…
New Regulations May See China’s Weibo, Other Chinese Companies, Be Delisted In The US
Regulators in the United States of America are taking steps to enforce a new law that may see…
Huobi Is Looking To Re-enter The U.S. Market After More Than Two Years
Du Jun, co-founder and CEO of Chinese cryptocurrency exchange Huobi Yesterday we reported that Du Jun, one of…
Over 260 Million Individual Users Have Signed Up For China’s Digital Yuan Wallet
Earlier this month, China announced its digital yuan wallet app was up for download and that the pilot…
China Passenger Car Association (CPCA) Says Tesla Sold 70,847 China-made Vehicles In December 2021
According to data provided by the China Passenger Car Association (CPCA) on Tuesday, electric vehicle maker Tesla sold…
India Orders Chinese Smartphone Maker Xiaomi To Pay $87.8 Million In Import Duties Over Allegations Of Tax Evasion
Chinese smartphone maker Xiaomi has been ordered to pay 6.53 billion rupees, the equivalent of $87.8 million in…
