Page 5 - Chinese Companies

Explainer: Why China is investigating technology firms like Didi

China's cyberspace watchdog said it suspects Didi was involved in illegal collection and use of personal data. It did not cite any specific violations.

US House clears two key Bills to boost competitiveness with China

Some lawmakers and industry groups are pressing for the House to include the incentives for chipmakers

Amazon, Apple world's most valuable brands but China's rising: Survey

Amazon, founded in 1994 by Jeff Bezos, remained the world's most valuable brand with an estimated value of $684 billion

Chinese apps could face subpoenas or bans under Biden order: Report

US officials share many of the concerns Trump cited in his order banning TikTok

ByteDance founder tells staff he's moving away from daily CEO work: Report

In May, Zhang unexpectedly announced that he will step down as CEO of the TikTok owner amid Chinese' regulators' tightened scrutiny of the country's biggest technology firms.

China's IPO-bound Didi Chuxing probed for antitrust violations, say sources

the ride-hailing giant is pushing ahead with what could be the largest initial public offering in the United States this year

China's new data law gives Xi Jinping the power to shut down tech firms

Chinese tech stocks were mixed Friday. Alibaba fell 1.2 per cent and Tencent slipped 0.8 per cent at the close in Hong Kong.

China's Didi reveals US IPO filing, all set for blockbuster New York float

Didi could raise around $10 billion and seek a valuation of close to $100 billion

Biden blocks 59 Chinese companies including Huawei in amended Trump order

Biden's position on Trump's order has been closely watched by Wall Street and Capitol Hill.

Boom in Chinese companies listing in the US halts as market declines

A bike-sharing platform, a podcaster and a cloud computing firm are among corporates holding off plans.

Oppo begins to deliver its products to your home via WhatsApp

OPPO is now manufacturing one smartphone every three seconds at its 110-acre facility in Noida.

US removes Xiaomi from blacklist, reversing late China jab by Trump

Xiaomi was among the more high-profile Chinese technology companies that former President Donald Trump targeted for alleged ties to China's military.

Meituan sinks after CEO deletes posting seen critical of Beijing

The food delivery giant fell almost 10% in Hong Kong before closing 7.1% lower

China's Huawei reports quarterly revenue drop as smartphone income hit

China's Huawei Technologies saw revenue fall 16.5% in the first quarter compared to a year earlier

China's March exports rise 30.6% as global consumer demand revives

Traders watched for signs of what President Joe Biden might do about reviving tariff war talks with Beijing.

China warns online platform companies to halt anti-competitive practices

China's market regulator said on Tuesday it had warned nearly three dozen internet "platform" companies to stop using any banned practices

Ant Group to be financial holding firm in overhaul forced by China

Jack Ma's firm to fold all financial operations into holdco

Chinese automaker Great Wall Motor plans hydrogen fuel-cell SUV model

Great Wall Motor will roll out its first hydrogen fuel-cell sport utility vehicles and launch a fleet of 100 hydrogen heavy trucks this year

Chinese tech firms face US ultimatum over issue of US accounting standards

New York-listed Chinese tech firms could soon be forced to leave the US market after the country's SEC started implementing a law to remove foreign firms that did not comply with accounting standards

Xiaomi to invest Rs 100 crore to double retail reach in one year

As per IDC, in 2020 Xiaomi continued to hold the top spot in the local smartphone market with 27% share, while it had some 20% share in the television market