Tencent plans to take livestreaming platform Douyu private

The privatization plan comes after China's top market regulator blocked the Douyu-Huya merger deal.

Spring Festival is coming... so are the new tricks of Chinese apps

WeChat revolutionized the red pocket, now it wants to gain traction into the short video and live-steaming business.

Baidu's electric car arm Jidu completes USD400 million financing round

Jidu Automotive, an EV venture between China's artificial intelligence and search engine company Baidu and Chinese automaker Geely, has secured nearly USD40 million in a fresh funding round to support the development and production of electric vehicles and robot cars.