Just how far-reaching China’s continued clampdown on the profitability of some of the biggest tech firms will be on full display in coming weeks they release earnings. The delivery business and fees …
Tagged By business
China NEV sales drop 18.6per cent in January after subsidy cut
On Monday, data from CPCA showed that U.S. electric vehicle maker Tesla Inc sold 59,845 China-made vehicles in January. Tesla is the only foreign automaker among the top ten best selling NEV brands in …
The new KOLs: Olympians are scoring brand partnerships in China
A breakout star of the Olympics, the Chinese-American athlete represents a new opportunity for celebrity partnerships in China. Gu has already become a well-recognised face outside of the Olympics.
China Jan auto sales post first monthly rise after eight months of falls
Overall sales in the world’s biggest car market rose to 2.53 million vehicles in January, data from the China Association of Automobile Manufacturers (CAAM) showed. Sales of new energy vehicles (NEVs) …
Meituan Tumbles After China Asks Delivery Platforms to Cut Fees
Meituan shares sank as much as 18% after China issued new guidelines asking food delivery platforms to cut fees for restaurants to reduce business costs. The food delivery giant’s stock fell by the …
Corporate social credit gets stamped on blockchain in China’s southeast
Foshan city of China’s southeastern province Guangdong launched a blockchain-based corporate social credit system with an automated credit rating function, state-backed media reported on Thursday.
China Jan auto sales see first monthly rise after eight months of falls
Overall sales in the world’s biggest car market rose to 2.53 million vehicles in January, data from the China Association of Automobile Manufacturers (CAAM) showed. Sales of new energy vehicles (NEVs) …
USTR accuses China’s Tencent and Alibaba of letting sellers traffic fake goods on ‘notorious markets’ list
The United States name-checked some of China’s biggest companies … The protection of intellectual property “is central to our business,” the company continued, adding that it takes measures to clamp …
More than $300,000 of China’s new CBDC is being spent at the Olympics every day
China’s digital yuan is being used in 11 cities Earlier in … director of US law firm Fennemore. SEE ALSO: NFTs are the new crypto wild west — artists and brands with big pockets are…
India set for stronger tech, media and telecom IPOs as China falters
New Delhi, Feb. 18 (IANS): While new regulations have severely hit China in the global tech, media and telecom (TMT) IPO market, the Indian TMT IPO pipeline is getting stronger and will continue to …
Vivo Pad & NEX Tablets With Stylus Support To Launch In China
a myriad of brands cashing in on the growing demand by launching their new tablets. So, it is hardly surprising that Vivo is reportedly working on a Vivo Pad and NEX tablet. According to Mukul,…
Tata Steel To JSPL’s Take On If China Will Spoil India’s Steel Exports Party
China’s steel cutbacks fired up Indian exports and allowed local producers of the alloy to gain from international higher prices. Now, that may be at risk. The world’s largest steel producer and …
China Casts Long Shadow Over Hong Kong’s Once-Vibrant Crypto Industry
Government officials emphasized the potential of greater integration with China and its digital yuan, while conversations about crypto focused on what is deemed appropriate on the mainland. The …