Chinese Mobile phone startup rumored to shut down despite massive cash injectionChinese Mobile phone startup rumored to shut down despite massive cash injectionSmartisan, China’s high-profile mobile phone startup founded by Luo Yonghao, known as an Internet celebrity and marketing genius, is rumored to dissolve its Chengdu headquarters, which reportedly received an investment of 600 million yuan from a local state-owned company one year ago.

Jack Ma denies stepping down under political influence, lauds partnership modelJack Ma denies stepping down under political influence, lauds partnership model Jack Ma of Alibaba Group denied conjectures that his decision to step down as executive chairman was influenced by “political factors…

Ant Financial sets up mini-program division to rival Tencent's WeChatAnt Financial sets up mini-program division to rival Tencent's WeChatAnt Financial, a financial arm of China's e-commerce giant Alibaba Group, has established a unit to develop the mini-program business for…

Eyeing Tokyo Olympics travel boom, Alipay seeks to deepen foothold in JapanEyeing Tokyo Olympics travel boom, Alipay seeks to deepen foothold in JapanAnt Financial, the financial arm of China's e-commerce giant Alibaba Group, is seeking closer ties with Japanese financial institutions a…

Luckin Coffee joins hands with Tencent to boost sales after Starbucks-Alibaba tie-upLuckin Coffee joins hands with Tencent to boost sales after Starbucks-Alibaba tie-upChina's young coffee brand Luckin Coffee has built a strategic partnership with Internet giant Tencent, upping the ante in its push to br…

Ford tells Trump why it won't make China-built car in USFord tells Trump why it won't make China-built car in USPresident Donald Trump offered some business advice to Ford Motor on Sunday: because of the administration's high tariffs on car imports …

Baidu commercializes high-precision mapping for autonomous passenger carsBaidu commercializes high-precision mapping for autonomous passenger carsChina's technology company Baidu, which is pouring a great sum of money into artificial intelligence and autonomous driving, has taken a …



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