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China

184 posts

China launches Shenzhou-16 mission with 3 astronauts bound for its Tiangong space station

China’s ambitious space exploration program reached another milestone as a new crew…

Chinese smartphone maker Oppo stuns employees with sudden closure of chip design unit Zeku

Amidst a fall in shipments and subsequent demand in the global markets,…
Tencent

Tencent beats analyst estimates for Q4 2022, but reports drop in annual revenue

China’s Tencent Holdings reported a drop in annual revenue for the first…
India

India to ban over 230 betting and loan apps, with several of them being China-origin

With an overwhelming rise in notorious betting and online “quick loan” apps…

Alibaba clocks 3% revenue uptick for Sep’22 quarter, falls short of analyst expectations

Chinese tech companies have had a hard time in recent years, not…
Alibaba

Alibaba beats analyst estimates despite tough quarter, clocks $30.69Bn in Q2’2022 revenue

Alibaba has clocked a decent performance in an otherwise tough quarter. While…

Alibaba, 270 other Chinese companies a step away from US stock exchange delisting

In the midst of increased scrutiny from domestic regulators, Chinese titan Alibaba…

Battlegrounds Mobile India removed from Google Play Store and Apple App Store in India, Google cites government order

A year after PUBG made a comeback in the Indian market with…
Jack Ma

Jack Ma to relinquish control of Ant Group: Report

Jack Ma, the Chinese billionaire who has maintained a low public profile…

Despite funding crunch and tech crackdown, Sequoia Capital China pulls in $9Bn in fresh capital

At a time when startups and firms across the world are struggling…
Tesla

Tesla cancels three online hiring events for China scheduled in June

A week after Elon Musk directed company executives to pause all hiring…

Tencent will take its flagship game ‘Honor of Kings’ global once again

The increasing restrictions in the Chinese market have seen Western companies such…
amazon logo

Amazon will be shutting down its Kindle e-bookstore in China next year: Report

The Chinese market has proved itself to be a tough nut to…

Chinese fast fashion ecommerce player Shein could be valued at $100B after raising $1B

With e-commerce booming in the modern era and becoming a $1 trillion…

India bans more Chinese apps over security concerns, including Garena Free Fire – Illuminate

Since 2020, Chinese apps have been having a hard time in the…

Here’s a look at all the foldables that are expected to hit the Chinese markets soon

Foldable technology is no longer a novel idea, with several companies throwing…

China makes it tougher for companies from restricted sectors to list overseas

Remember Didi, China’s answer to Uber, and its IPO earlier this year?…

China’s Uber rival Didi Chuxing to delist from the US

While 2021 has been a friend of Indian startups (resulting in a…

Apple Music will now include Chinese music, courtesy deal with Tencent Music Entertainment

Four years after Tencent and Sweden had entered into an agreement, the…