Tech Industry
Luckin Coffee reportedly has achieved overall profitability
Luckin Coffee's stock is still tradable on the OTC market despite its delisting, up nearly 70 percent so far this year.
JD.com gets green light to build cargo airline
Chinese e-commerce giant JD.com's Jiangsu Jingdong Cargo Airlines has passed the initial review by the Civil Aviation Administration of China (CAAC) East China Regional Authority, according to a CAAC announcement Tuesday.
Huawei to invest $100 million over next three years to support Asia-Pacific startups
Huawei plans to recruit 1,000 start-ups and build 100 scale-ups, the company said.
Xiaomi overtakes Samsung to become No. 1 in European market share
Xiaomi became the smartphone brand with the largest market share in Europe for the first time in the second quarter, overtaking Samsung and Apple, according to Strategy Analytics.
Official media blames online games as 'spiritual opium', sending Tencent, NetEase shares diving
The report triggered a plunge in the share prices of Hong Kong-listed companies with gaming businesses. Tencent Holdings and NetEase fell more than 10 percent, and CMGE fell more than 21 percent.
CaiNiao partners with Best Inc to improve online shopping experience for Southeast Asian customers
Alibaba's logistics platform CaiNiao announced on Monday that it has launched a cross-border direct delivery service from China to Thailand, Vietnam and Cambodia with logistics company Best Inc.
Meituan launches massive campus recruitment
The recruitment includes 64 job types, including R&D, algorithms, testing, operations, security, product, product operations, design, business analysis, HR and retail.
Tencent launches NFT trading software
Tencent's NFT trading software "Huanhe" (literally means phantom core) app has been launched, with a limited edition of 300 digital collectibles of NFT on sale.
OnePlus says it shipped 257% more smartphones in H1 compared to same period last year
OnePlus said on July 29 that its global smartphone sales grew 257% year-over-year in the first half of 2021.
China's cloud market exceeded $4.6 billion in Q1, IDC says
China's public cloud IaaS+PaaS market reached $4.63 billion in the first quarter, according to the latest data released by Internet Data Center (IDC).