Amazon is reportedly in talks to pay US$1 billion dollars to acquire the television production rights to popular Chinese science fiction novel The Three-Body Problem, written by the Chinese writer Liu Cixin. Firstly serialized online in 2006 and published as a book in 2008, the three part novel includes The Three-Body Problem, The Dark Forest and Death’s End. It became one of the best-selling science novels in mainland Chinese history. The story, set against the backdrop of China’s Cultural Revolution, …
Several major Chinese smartphone makers are planning or have announced the release of "blockchain smartphones". They are the latest group of firms joining the current cryptocurrency frenzy.
Naked Hub, the Shanghai-based co-working space market leader with operations across Asia Pacific, has appointed veteran corporate office solutions manager Michael Higgins (pictured) as its Head of Enterprise Solutions. His mission is to attract more large-scale corporate tenants to the co-working space’s 46 locations across the region.
With its announced 5% strategic investment in France’s game developer Ubisoft, Chinese Internet giant Tencent has solidified its position as one of the world’s leading purveyors of video games.
Chinese medical cosmetology mobile app SoYoung has reportedly completed a funding round worth hundreds of millions of RMB led by Orchid Asia, only 80 days after its last fundraising round of US$60 million.
China’s ride-hailing service provider Didi Chuxing has announced a strategy partnership with state-owned car maker Beijing Automotive Group Co., Ltd (BAIC Group) to strengthen cooperation on new-energy-vehicle sharing services. “Electric vehicles play a key role in the mobility industry,” said Cheng Wei, founder and CEO of Didi Chuxing. “Shared mobility, new energy vehicle networks, and new AI driving technologies are integrally linked to each other.” Didi and BAIC Group will cooperate in the areas of energy vehicle fleet operation, big …
Baidu Inc. has launched a quantum computing research center devoted to the research of quantum computing and its applications in Baidu’s various businesses, the firm announced today.
Jing Hong (pictured), a partner at Chinese private equity and venture investment firm Hillhouse Capital, has reportedly left the company to start her own fund. This is the latest in a string of investment professionals leaving established firms to set up their own fund to tap into the booming private investment market in China.