Luckin Coffee signs investment deal with two shareholders
Under the agreement, Centurium Capital has agreed to invest approximately $240 million in a private placement of Luckin Coffee's s ...
Loongson unveils in-house developed instruction set architecture LoongArch in historic breakthrough
Chinese chip maker Loongson Technology on Thursday unveiled its fully in-house developed instruction set architecture, Loongson Ar ...
TikTok owner ByteDance said to go public in Hong Kong, valued at about $400 billion
ByteDance has started the process of going public in Hong Kong and submitted an underwriter engagement letter to the Hong Kong Sto ...
Didi reportedly files secretly for US IPO
The certainty of a third-quarter IPO for Didi is high, but ultimately it will depend on the majority shareholder, the report said. ...
Huawei says it will keep HiSilicon team and has no profit claims on that chip business
"This team can keep researching, developing, and preparing for the future," Huawei's rotating chairman Xu Zhijun said. ...
Ant Group to become financial holding company in overhaul
Ant Group will become a financial holding company and all institutions engaged in financial activities will be regulated according ...
Huawei aims to make 6G commercially available by around 2030
Huawei says it wants to start making 6G commercially available around 2030, in what may be the first time a Chinese tech giant has ...
Alibaba closes 6.5% higher in Hong Kong as anti-monopoly probe it faces settles
Shares of Alibaba closed 6.5 percent higher in Hong Kong to trade at HK$232 Monday as the anti-monopoly investigation it faces set ...
Podcast startup Ximalaya FM, with about 600 million users, reportedly files secretly for US IPO
Since its inception in 2012, Ximalaya FM has completed nine rounds of funding, the most recent being Series E in August 2018, whic ...
Tencent's first data center in Indonesia goes live as it expands its cloud business globally
Tencent Cloud said it will open a second data center in Indonesia within the next year to seize the opportunities presented by the ...
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