china Archives

Meituan’s Corporate Performance Report: Total Revenue on the Rise, Tripled Net Profit Margin

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3 weeks ago
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Meituan, the prominent delivery platform in China, has reported its performance for the third quarter of 2024. The total revenue amounted to 93.577 billion yuan, marking a 22% increase compared...

Whispers of iPhone 17 Air: Ultra-sleek Model with No SIM Tray, Solely eSIM Functionality.

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4 weeks ago
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The Information has reported on the ultra-thin iPhone 17 model, currently dubbed as the iPhone 17 Air. It is said that the prototype Apple has released does not have a...

Journey to China: Tim Cook attends high-level leadership conference, reaffirms China’s crucial role in the supply chain.

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4 weeks ago
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Reports indicate that Tim Cook, the CEO of Apple, attended a high-level meeting with the Chinese Premier Li Keqiang and leaders of several major companies this past Monday. The main...

United States Issues Ban on Imported Vehicles Utilizing Chinese-Russian Software for Security Reasons

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3 months ago
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The Department of Commerce of the United States has put forward a preliminary proposal to ban the import of cars that have software connecting to external systems from China and...

Chinese Company Achieves Self-made Success in Developing DUV Chip Manufacturing Machinery, Boasting Circuit Accuracy of 65nm.

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3 months ago
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The Ministry of Industry and Information Technology in China (MIIT) has announced a significant advancement in the chip manufacturing industry within the country. They have successfully developed deep ultraviolet (DUV)...

Unconfirmed: Walmart’s Intent to Sell JD.com Stocks Holding Estimated at $3.74 Billion

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4 months ago
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According to Bloomberg reports, Walmart, the largest retail business group in the United States, is planning to sell JD.com, a major e-commerce giant in China, in which the company holds...

Meituan Quarterly Performance Report Reflects Continued Growth Amidst Resurgence of Consumer Spending Trends

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7 months ago
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Meituan, the prominent O2O (Online-to-Offline) platform in China, reported its quarterly performance for March 2024 with a total revenue of 73,275 million yuan, marking a 25.0% increase from the same...

Market Boosts Huawei to Top Spot in Foldable Phone Industry, Surpasses Samsung for the First Time

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7 months ago
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When it comes to foldable phones, most people think of Samsung as the pioneer and market leader in this sector. However, in the first quarter of 2024, there was a...

Government Request Prompts Apple to Remove WhatsApp and Threads from App Store in China

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8 months ago
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Apple has removed the WhatsApp and Threads apps, which are Meta-owned apps, from the App Store in China at the request of the government. Apple stated that the Chinese authorities...

Expansive Apple Store Unveiled Near Jing’an Temple – Tim Cook Designates China as Paramount Supply Chain

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9 months ago
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Apple has opened a new branch of its Apple Store called Apple Jing’an, located near the Jing’an Temple in Shanghai, China. CEO Tim Cook, who previously traveled to China, and...