Phate Zhang

It achieved revenue of $47.24 million in the fourth quarter, a 136.5% jump year-on-year, and has achieved year-on-year growth rates of more than 100% for five consecutive quarters.

China's state broadcaster CCTV posted a comment on its WeChat account saying the mistake was "staggering" and that "it's an inexcusable oops."

Going public can be a complicated process, especially considering the amount of documentation that needs to be prepared. So, is there a shortcut? Chinese video platform Bilibili seems to have found one.

In December, LIZHI announced that XPeng Motors introduced its audio products in the latter's in-vehicle systems, leading to a 100% jump in its share price.

The number of monthly active accounts for WeChat, Tencent's messaging app, reached 1.225 billion as of Dec. 31, 2020, up 5.2 percent year-over-year.

Joining ByteDance will allow him to re-base in his hometown of Singapore after 18 years away from home, Chew said.

Xiaomi Group will acquire 50.09% of Zimi International Corp for US$205 million, making the popular power bank maker its wholly-owned subsidiary.

Xiaomi sold 42.3 million smartphones in the fourth quarter, up 29.7 percent year-on-year.

As of press time, the company's shares are down more than 38 percent and its market value has evaporated by more than $7 billion.

Its gross margin for the quarter was 85.0%, compared to 83.7% in the same quarter last year. On a non-GAAP basis, net income for the quarter was RMB 62.2 million.