2016-08-18Chinese Internet giant Tencent saw its revenue surge by 52 percent in the second quarter of 2016 thanks to strong growth in online gaming and advertisements, the company announced Wednesday.
2016-08-18Baidu Inc has added fuel to its effort to put driverless cars into mass production within five years with its multimillion dollar investment on Tuesday in a major US producer of lidar sensors, a key technology that helps the cars "see" their surrounding environment by using light to measure distance.
2016-08-18The mega merger between the top two ride-hailing service providers in China came into focus on Wednesday after the country's antitrust watchdog said it had a right to investigate the deal.
2016-08-17Tesla Motors Inc removed the term "self-driving" from its China website after a driver in Beijing who crashed in "autopilot" mode complained that the carmaker overplayed the function's capability and misled buyers.
2016-08-17Xiaomi Corp, the once-hot Chinese smartphone maker, saw shipments tumble 38 percent in China in the second quarter of the year as Huawei Technologies Co took over the top spot in the world's largest market.
2016-08-17Qihoo 360, one of China's leading internet security service providers, unveiled a free internet bug detector - "360 real-time global networks scanning and monitoring system" - on Tuesday at the 2016 China Internet Security Conference.
2016-08-16Billionaire Wang Jianlin won shareholders' approval to buy out his property unit for HK$34.5 billion ($4.4 billion), according to people with knowledge of the matter, clearing the way for the biggest-ever privatization deal in Hong Kong.
2016-08-15China's passenger car sales in July surged 26.3 percent year-on-year, the highest monthly growth rate in at least the past 30months, but experts say the rate may fall in coming months.
2016-08-15Chinese electric carmakers are introducing trade-in plans for new energy vehicles, a move industry insiders believe will help stimulate the booming sector in the world's largest auto market.
2016-08-15Drivers should not be overly reliant on in-car assistance functions such as Tesla's Autopilot system, said an official from the Ministry of Industry and Information Technology at a forum on autonomous driving in Shanghai earlier this month.
2016-08-12More than 1,000 domestic and international startups and venture capitalists gathered in Beijing this week to attend the inaugural ceremony of Zhongguancun International Startup Festival and the final of Shengjing Global Innovation Awards 2016.
2016-08-12Chinese investors are keen to invest in overseas virtual reality companies that possess advanced VR technologies and can help Chinese enterprises expand to overseas markets, experts said.
2016-08-12China's largest telecom service provider, China Mobile Ltd, said its first-half net profit edged up 5.6 percent, its first interim profit rise in three years, as growth from lucrative 4G services helped it fend off stiff competition.
2016-08-11Chinese internet major LeEco said on Wednesday it will invest 20 billion yuan ($3.02 billion) to build an auto park in Zhejiang province, as part of the group's broad plan to mass-produce electric cars.
2016-08-10Beijing Dongliweilai Technology Co Ltd, a smart-home appliance maker backed by smartphone maker Xiaomi said on Wednesday that it had secured regulatory approval to be listed on China's over-the-counter stock trading board.