Phate Zhang

  • Zuo Hui, founder of China's largest real estate platform KE Holdings, passes away

    Zuo Hui, the founder and chairman of China's largest real estate platform KE Holdings (NYSE: BEKE), passed away on May 20, 2021 due to unexpected worsening of illness, the company announced Thursday.

  • Zhang Yiming steps down as CEO of ByteDance

    Zhang decides to let go of the day-to-day management of the company and focus on long-term priorities, including visionary strategy, corporate culture, and social responsibility.

  • Crypto bloodbath: Bitcoin down over 30%, Ether down about 46%

    As of press time, data from the Huobi platform shows Bitcoin falling below $30,000, down 32% from 24 hours ago and a new low since January.

  • Baidu Q1 results beat expectations, up about 4% premarket

    Baidu's revenue for the first quarter reached RMB 28.13 billion ($4.29 billion), up 25% year-on-year, beating Wall Street's expectations of RMB 27.286 billion.

  • Alibaba's chip arm unveils new processor

    PingTouGe Semiconductor, the chip division of Chinese e-commerce giant Alibaba, today announced a new processor in its Xuantie series - the Xuantie 907.

  • Huawei said to officially open HarmonyOS to all users on June 2

    Huawei will officially release HarmonyOS 2.0 to users worldwide on June 2, when Huawei phone users will be able to upgrade to the operating system, local media quoted a company executive as saying on Tuesday.

  • Huawei's HarmonyOS hardware ecosystem branding upgraded to HarmonyOS Connect

    Huawei announced at the HarmonyOS Partner Summit on Tuesday that the HarmonyOS hardware ecosystem has been rebranded as HarmonyOS Connect.

  • Van Gogh Museum reaches out to its Chinese fan base through WeChat

    WeChat is one of the most important channels for brands to reach their users, as it is the essential communication tool for almost every Chinese internet user. Now, the Van Gogh Museum in the Netherlands is also using this channel to reach out to its Chinese fan base.

  • Jack Ma's Hupan University renamed

    A total of 11,788 candidates have applied for Hupan University in the past five years, but only 255 students have been admitted, an acceptance rate of 2.16%.

  • China has built 819,000 5G base stations, accounting for 70% world's total

    China has 280 million 5G cell phone end-user connections, accounting for more than 80 percent of the world's share, the MIIT said.