ByteDance is in talks with Wall Street banks to borrow up to $5 billion to refinance its debt and fund overseas expansion, The Information reported, citing two people with the knowledge of the matter.

BEIJING (PingWest) — Jiang Cong, general manager of Xiaomi's sales and operation in China area, announced on Weibo that Xiaomi achieved the MiTV annual sales goal of 10 million in advance. Jiang said ...

BEIJING (PingWest) — Ride-hailing giant Didi Chuxing launched variety show Shifu Go Go Go lately, produced by Didi’s entertainment company named Lilicheng affiliated to Didi, together with Iqiyi and ...

McDonald's China announced today it would distribute 188 non-fungible tokens named "Big Mac Rubik's Cube" to celebrate its 31st-anniversary of operating in China and the opening of its new headquarter ...

TikTok hopes to more than quadruple the size of its global e-commerce business this year to $20 billion in merchandise sales, Bloomberg reported Wednesday, citing people familiar with the matter.

Beijing (PingWest)- Hangzhou, the hometown of Chinese e-commerce giant Alibaba Group Holding, may issue a new regulation that prohibit mandatory implementation of facial recognition such as facial or ...

Beijing (PingWest)—The sales volume of China's passenger cars in November reached 2.08 million, up 8% year-on-year, yicai.com reported citing data from the China Passenger Car Association on Tuesday. ...

Beijing (PingWest)- Alibaba affiliated Ant Financial Service and U.S. asset management firm the Vanguard Group have established a joint venture to provide retail investment advisory service for ...

Bejing (PingWest)—Chinese smartphone maker Realme on Tuesday launched its financial services platform ‘Realme Paysa’ that will offer products like loans, mutual funds and credit score reports to ...

Chinese EV make Leapmotor plans to initiate its export efforts, with a primary focus on Europe, Australia, and New Zealand. This strategy will coincide with the introduction of five new models that ...

Beijing (PingWest)- Molecular Data, which offers e-commerce, software, and other services to the Chinese chemicals industry, raised USD62 million by offering 11.5 million ADSs at USD5.38 per share , ...

Beijing (PingWest)- Chinese mobile device maker OPPO is moving into smart hardware as the competition in the cell phone market intensified. OPPO launched a series of new products on Tuesday, including ...