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China Roundup: Huawei targets cars, ByteDance enters Tencent’s backyard

China Roundup: Huawei targets cars, ByteDance enters Tencent’s backyard Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, we have several heavy-hitting rumors swirling around, from Huawei’s chips for […]

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Chinese e-commerce giant JD.com’s shares gain 5.7% in their Hong Kong debut

Chinese e-commerce giant JD.com’s shares gain 5.7% in their Hong Kong debut Chinese e-commerce giant JD.com’s shares rose 5.7% after opening at HKD $239 (about USD $30.80) during their first day of trading on the Hong Kong stock exchange. JD.com had originally priced the shares for the secondary offering at $226. JD.com […]

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China Roundup: Alibaba to add 5,000 staff to cloud unit

China Roundup: Alibaba to add 5,000 staff to cloud unit Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, we have updates from Alibaba’s rapidly growing cloud computing unit, […]

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China Roundup: SoftBank leads Didi’s $500M round and Meituan crosses $100B valuation

China Roundup: SoftBank leads Didi’s 0M round and Meituan crosses 0B valuation Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Last week, we had a barrage of news ranging from […]

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China’s top short video apps and e-commerce giants pally up

China’s top short video apps and e-commerce giants pally up JD.com, the online retailer that is Alibaba’s long-time nemesis, announced Wednesday a strategic partnership with Kuaishou, the main rival of TikTok’s sibling in China, Douyin. The collaboration is part of a rising trend in the Chinese internet where short video apps and […]

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A Chinese city to pump life into local business with WeChat live streaming

A Chinese city to pump life into local business with WeChat live streaming China is showing renewed interest in live streaming. As the coronavirus swept through the country and shut down premises in droves, businesses are turning online to drive sales. Many have adopted live streaming, a model that predates the short […]

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China Roundup: Enterprise tech gets a lasting boost from coronavirus outbreak

China Roundup: Enterprise tech gets a lasting boost from coronavirus outbreak Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, a post from Sequoia Capital sounding the alarm of the […]

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China Roundup: Xi’s power on bitcoin, the rise of Alibaba’s new rival

China Roundup: Xi’s power on bitcoin, the rise of Alibaba’s new rival Welcome back to TechCrunch’s China roundup, a digest of the latest events that happened at major Chinese tech companies and what they mean to tech founders and executives around the world. Alibaba’s nemesis Alibaba’s new rival is shaking up China’s […]

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Chinese firms Tencent, Vivo, and CCTV suspend ties with the NBA over Hong Kong tweet

Chinese firms Tencent, Vivo, and CCTV suspend ties with the NBA over Hong Kong tweet Smartphone maker Vivo, broadcaster CCTV, and internet giant Tencent said today they are suspending all cooperation with the National Basketball Association, becoming the latest Chinese firms to cut ties with the league after a tweet from a […]

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Online shopping guide SMZDM surges 44% on China stock market debut

Online shopping guide SMZDM surges 44% on China stock market debut When Chinese internet companies seek initial public offerings, they tend to look to the United States where rules for profitability are less strict. SMZDM, an online shopping guide that few people outside China have heard of, has joined a small rank […]

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