Tech Industry

Tiger Brokers, 'Robinhood of China', gets $65M investment

Wu Tianhua, founder and CEO of Tiger Brokers, said the convertible bond financing funds will be used to enhance product development and self-clearing capabilities and to help conduct business internationally.

Huawei receives automotive electrical process certification

Chinese technology giant Huawei has received the highest level of Automotive Electrical Process Certification (ISO 26262 ASIL D) from certification service provider SGS, making it the first company in China to receive the certificate.

SAIC-GM-Wuling and its partner report Tencent to market regulator over alleged monopoly

Tencent said that without its authorization and permission, the app developed by Pateo collected, stored, and uploaded WeChat-related information in the course of use, infringing on the privacy and rights of the personal information of WeChat users.

Origin Pilot - China's first quantum computer operating system released

With the advent of the quantum computing era, Origin Pilot can not only make quantum computers run more efficiently but also cultivate users' habit of using China-made quantum operating system.

Ren Zhengfei says Huawei will never sell its terminal business, including phones

Huawei still has to rely on globalization to solve the chip problem, no matter what, Huawei will never give up the idea of globalization, he said.

China's January phone shipments up 92.8% YoY to 40.12 million units

Due to Covid-19, China's cell phone shipments were only 20.81 million units in January last year and fell to 6.34 million units in the following month.

Luckin Coffee's $180 million settlement with SEC approved by court

Luckin Coffee announced on February 8 that its previous settlement agreement with the SEC was approved by the court of the Southern District of New York on February 4, agreeing to pay a civil penalty of $180 million to the SEC.

After Tencent, Kuaishou to give 100 shares of stock as bonus to each employee

Chinese short-video and live-streaming platform Kuaishou will give each of its regular employees 100 shares of stock as ayear-end bonus, which  worth more than HK$30,000 ($3,870).

Tencent gives some employees 100 shares of stock as year-end bonus

They worth around HK$74,000, or about USD $9,450.

Tablet shipments in China up 5.6% YoY to 6.14 million units in Q4, says IDC

The Chinese tablet market shipped approximately 6.14 million units in the fourth quarter of 2020, up 5.6 percent year-on-year, according to IDC.
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