Rita Liao
Taylor Swift’s latest album “Midnights” has dropped, and it might be setting a new standard for China’s digital music industry.
Within a day of its release, the 13-track album, priced at 35 yuan, or $4.83, has racked up nearly 200,000 copies on Tencent’s QQ Music, one of the largest...
A data breach from 2018 is putting Shein under the spotlight as the ultra-fast fashion e-commerce platform continues to conquer Gen-Z markets across the world.
Zoetop, the firm that owns Shein and its sister brand Romwe, has been fined $1.9 million by New York for failing to properly handle...
Volkswagen is accelerating the pace to automate its electric vehicles for Chinese customers. CARIAD, a wholly owned automotive software company of the German auto behemoth, intends to set up a joint venture with Horizon Robotics, one of China’s most serious auto chip developers, the company said on Thursday.
The...
Huobi Global, once China’s top crypto exchange, has been retooling itself since exiting from the home market following Beijing’s crypto ban. Now the company is nearing a takeover by an investment firm.
Huobi Global announced today that its controlling shareholder has completed the transaction to sell its entire stake...
China has joined a handful of countries in banning flavored vapes to combat underage use of nicotine. Starting October 1, e-cigarette companies are only allowed to sell tobacco-flavored vapes in the country, an effort by the government to “standardize” the production, sales and consumption of the novel tobacco...
One of the highest-profile sexual assault allegations against Chinese business tycoons ended abruptly this past weekend. Liu Qiangdong (also known as Richard Liu), the founder of Chinese e-commerce giant JD.com, has reached a settlement with Liu Jingyao, a former University of Minnesota student who alleged that the billionaire...
When ByteDance bought the Chinese VR headset maker Pico a year ago, the message it sent was clear: it was betting that the immersive device would be where future generations spend most of their time consuming digital content. It’s a marriage reminiscent of Meta’s acquisition of Oculus back...
With the rising tide of fake news on social media platforms, the debate over how much control a government should have on online information is a perennial one. In Vietnam, the government is intensifying its control over the internet regime. The country is formulating new rules to control...
China’s electric vehicle upstart Nio has joined Tesla in sourcing raw materials directly from mines rather than its own battery suppliers as soaring prices of lithium, a critical component of EV batteries, hurt manufacturers’ supply chain stability and bottom lines.
Lithium carbonate prices in China hit a record 501,500...
In China, a crop of homegrown chip companies has popped up as Beijing strives to decouple from America’s advanced technology and manage sanctions risks, which have crippled Huawei’s lucrative smartphone business. In the red-hot space of autonomous driving, Chinese semiconductor firms, buoyed with venture capital, are aiming to...
