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Baidu Posts Q1 2019 Net Loss of RMB 327 Mln

Baidu, 5/16/19

Chinese search engine operator and AI technology developer Baidu (Nasdaq: BIDU) today announced its unaudited financial results for the first quarter ended March 31, 2019. Read More

Douyin Secures Music Copyrights from Major Global Record Labels

Sina Tech, 8/09/18

Short music video sharing platform Douyin, operated by Beijing-based Bytedance Technology, recently signed partnership agreements with several recording labels and music copyright agencies including Universal Music Group, Warner Music Group, Taihe Music Group, and Touch Music Publishing, to gain full access to their music libraries. Read More

Autonomous Cargo Vehicle Maker Fabu Wins Investment from Sinovation

36Kr.com, 6/12/18

Hangzhou-based autonomous cargo vehicle developer Fabu Technology recently gave an update on its technology progress and future plans, and confirmed new investment from Sinovation Ventures. Read More

LBS Robot Developer Uditech Secures RMB 8-digit Series B

36Kr.com, 4/27/18

Shenzhen-based location-based services robot developer Youdi Technology (Uditech) recently announced completion of RMB 8-digit Series B funding led by Yuanyu Runxin Equity Investment Management and Legend Capital. Read More

Unigroup Releases High-performance Flash Memory Products for Consumers, Enterprises

China Securities, 3/02/18

Unigroup Storage Technology (UNIC), a subsidiary of Tsinghua Unigroup, recently announced a series of high-performance flash memory products covering mobile device storage, notebook computer consumer-grade storage, and enterprise-grade storage for data centers and cloud computing platforms. Read More

Alibaba, Tencent Forge Deal on Music Copyright Swapping

Sina Tech, 9/12/17

Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) Ali Music Group and Chinese internet and mobile services firm Tencent's (0700.HK) Tencent Music Entertainment Group (TME) jointly announced today that they have reached an agreement on music copyright licensing. Read More

Rumor: Baidu Invests USD 8-digit Figure in Universal Education

36Kr.com, 7/07/14

According to an industry insider, Beijing-based offline education provider Universal Education Group ("Wanxue") has received USD 8-digit third-round funding from Chinese internet company Baidu (Nasdaq: BIDU). Read More

Rumor: Baidu to Launch TV Gaming Platform

Sina Tech, 6/23/14

An industry insider has revealed that Chinese internet company Baidu (Nasdaq: BIDU) plans to launch a "Baidu TV Gaming Platform," targeting the smart TV gaming market. Read More

WeChat Launches Investment Product

Tencent Finance, 1/16/14

Chinese internet and mobile services firm Tencent (0700.HK) has quietly launched fund sales on the "Wealth" ("Licaitong") platform of the company's WeChat (Weixin) mobile messaging app. Read More

Suning Launches OB of Account Balance VAS Product

Tencent Tech, 1/13/14

Chinese consumer electronics and home appliances retailer Suning (002024.SZ) has begun open beta testing of its "Spare Change Treasure" ("Ling Qian Bao") account balance value-added service product. Read More