Telecommunications

Baidu's Xiaodu Closes Series B at $5.1 Billion Valuation

BEIJING, Aug. 24, 2021 /PRNewswire/ -- Baidu, Inc. ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced that Xiaodu Technology ("Xiaodu") has closed Series B financing at a$5.1 billion post-money valuation ("Transaction"). "We are pleased to see the r...

2021-08-24 18:11 5120

WIMI Announces the Establishment of The Holographic Metaverse Division, Laying out the Metaverse Underlying Holographic Technology Research And Development

BEIJING, Aug. 24, 2021 /PRNewswire/ -- WIMI Hologram Cloud (NASDAQ: WIMI), a leading holographic AR application technology provider inChina, today announced the establishment of the "Holographic Metaverse Division" to develop the underlying Metaverse holographic technology and to explore the "nex...

2021-08-24 18:00 4145

Qudian Inc. Reports Second Quarter 2021 Unaudited Financial Results

XIAMEN, China, Aug. 24, 2021 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a leading technology platform empowering the enhancement of the online consumer finance experience inChina, today announced its unaudited financial results for the quarter endedJune 30, 2021. ...

2021-08-24 17:00 3993

China.org.cn: National Games inject new vitality into ancient capital

BEIJING, Aug. 23, 2021 /PRNewswire/ -- A news report by China.org.cn on China's 14th National Games:   China's 14th National Games are scheduled to be held between Sept. 15 and 27 inShaanxi province. The National Games are China's largest multi-sport event at the highest level ...

2021-08-23 21:00 1594

Missfresh Deploys Smart Vending Machines in Partnership With Over 5,000 Businesses

BEIJING, Aug. 23, 2021 /PRNewswire/ -- Self-service vending machines have long been a fixture in daily life, but the products they carry are increasingly diverse. As part ofMissfresh Limited 's ("Missfresh" or the "Company") (NASDAQ: MF) efforts to drive the digitalizati...

2021-08-23 18:42 3464

Fengdu Novel explores diversified copyright monetization and achieves breakthrough in content ecology construction

SHANGHAI, Aug. 23, 2021 /PRNewswire/ -- Fengdu Novel, an online literature mobile app developed by CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), has achieved many breakthroughs and made progress in content monetization this year. With rich and diversified contents, Fengdu Novel ha...

2021-08-23 17:45 2344

Entrepreneurial Road of GERZZ INTERACTIVE

SHANGHAI, Aug. 21, 2021 /PRNewswire/ -- With fast development of online media and increasing demand for entertainment inChina currently, LARP game, as a strategic board game of usually 4-8 players, is becoming accessible and popular among youth. 

2021-08-21 19:52 2405

FIBERSTAMP Launches 100G Ultra-long Distance Dual-rate QSFP28 ER4/ZR4 Optical Transceiver

TAIPEI, Aug. 20, 2021 /PRNewswire/ -- FIBERSTAMP today launches two models of 100G long distance optical transceivers — 100G QSFP28 ER4 & ZR4, supporting up to 90km ultra-long distance dual-rate high-speed transmission, and showing up outstanding performance superiority of high stability and comp...

2021-08-21 00:00 2868

XGIMI Set to Reimagine Home Cinema Again with New Elfin Smart LED Projector

SUNNYVALE, Calif., Aug. 20, 2021 /PRNewswire/ -- XGIMI Technology Co., Ltd., a leading global projection equipment manufacturer, today announced the launch of the Elfin Smart LED projector. In the bedroom? Meeting room? Living room? Users can take Elfin anywhere! Elfin's sleek and compact design ...

2021-08-20 21:00 3120

Fengdu Novel Debuts at Fifth China Online Literature+ Conference

SHANGHAI, Aug. 20, 2021 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile Internet company, today announced that it will attend the Fifth China Online Literature+ Conference onSeptember 3-5, 2021, to be held at Exhibition Center of Zhonggu...

2021-08-20 17:39 27493

Wondershare Acquires Ufoto to Empower Users in the New Video Era

VANCOUVER, BC, Aug. 19, 2021 /PRNewswire/ -- Wondershare has announced the acquisition of Ufoto, a global leader in mobile video editing services. Ufoto specialized in providing a powerful, smart and convenient digital creation experience through mobile devices. Th...

2021-08-19 20:00 3772

Gaotu Techedu Inc. Provides Update on Regulatory Development

BEIJING, Aug. 19, 2021 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a leading online large-class after-school tutoring service provider inChina, announced that the Beijing Municipal Committee of the Communist Party ofChina and the Beijing Municipality Government joi...

2021-08-19 09:03 2857

Baidu Announces Pricing of US$1 Billion Notes Offering

BEIJING, Aug. 18, 2021 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced the pricing of its public offering ofUS$1 billion aggregate principal amount of its notes. The public offering consists o...

2021-08-19 06:15 4242

Baidu World 2021: Baidu Showcases How Latest AI Innovations Transform Transportation, Industry and Daily Life

BEIJING, Aug. 18, 2021 /PRNewswire/ -- Today, Baidu demonstrated how its latest AI innovations will transform and improve transportation, industry and daily life at its annual flagship technology conference, Baidu World 2021. From a robocar reveal and a rebranded robotaxi mobile platform to Xiaod...

2021-08-18 23:52 2313

Baidu Announces Upgraded Baidu Brain 7.0 and Mass Production of 2nd Generation Kunlun AI Chip

BEIJING, Aug. 18, 2021 /PRNewswire/ -- Baidu today showcased its strengths in artificial intelligence technology with the launch of Baidu Brain 7.0, the start of mass production of its 2nd generation Kunlun AI chip, Kunlun II, and the demonstration of industrial applications using Baidu AI Cloud....

2021-08-18 22:55 2364

Best-Designed Flagship Killer realme GT Master Edition Series Launch Globally, Together with realme's First Laptop realme Book with 2K Display

SHENZHEN, China, Aug. 18, 2021 /PRNewswire/ -- To celebrate 100 million smartphones sold around the world, the fastest growing smartphone brand realme today announced it is expanding into the affordable high-end segment with the release of two new stunning smartphones to its GT series: the realme...

2021-08-18 19:10 2310

Tuya Reports Second Quarter 2021 Unaudited Financial Results

SANTA CLARA, Calif., Aug. 18, 2021 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA), a global leading IoT platform, today announced its unaudited financial results for the second quarter of 2021.  Second Quarter 2021 Financial Highlights * Total revenue was US$84.7 million, up...

2021-08-18 17:00 2294

Storms Bulks Up Its Presence in the Hyper-Casual Mobile Gaming Scene with the Launch of Its Game Studio and Strategic Partnership with Voodoo

* The partnership will see Storms and Voodoo collaborating in the areas of hyper-casual mobile game publishing and distribution, as well as instant gaming. SINGAPORE, Aug. 17, 2021 /PRNewswire/ -- Singapore-based gaming startup Storms today announced the launch of its mobile game studio and stra...

2021-08-17 22:00 1376

NetEase to Report Second Quarter 2021 Financial Results on August 31

BEIJING, Aug. 17, 2021 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), one ofChina's leading internet and online game services providers, today announced that it will report financial results for the 2021 second quarter on Tuesday, August 31, 2021, before ...

2021-08-17 16:30 4457

Baidu Announces Proposed Debt Offering

BEIJING, Aug. 16, 2021 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU; HKEX: 9888) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced that it has filed a preliminary prospectus supplement with the United States Securities and Exchange Commission (the "SE...

2021-08-17 05:34 6182
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