Yingzhi Yang
Stories by Yingzhi Yang
Baidu bags China’s first fully driverless robotaxi licences in two cities
Baidu will deploy a batch of five fee-charging robotaxis in each city
China regulator proposes new rules on anti-monopoly governance
The country prepares to implement a revised anti-monopoly law in August
Ant, Alibaba look to untangle their operations after China crackdown
Alibaba has a 33% stake in Ant and the two have some overlap in leadership.
Tencent said to have formed ‘extended reality’ unit as metaverse race gathers steam
The unit will eventually have over 300 staff, sources say.
China’s Ant rejigs board, names HK bourse head as independent director
Ant also added Yang Xiaolei, an independent director of Hengfeng Bank, as a director
China’s Didi awaits completion of cybersecurity review to return to normal
Didi has been unable to register new users since the regulator began its review
TikTok owner ByteDance appoints lawyer Julie Gao as new CFO
Gao will be based in Hong Kong and Singapore once she joins ByteDance.
Reeling from China’s crackdown, Alibaba & Tencent readying big job cuts
The job cuts at the two companies would be their first major layoffs since the crackdown.
China vows to continue its crackdown on industry monopolies
Premier Li said the government would continue to improve "regulatory rules."
China’s Baidu beats quarterly revenue estimates on AI, cloud services
Its total revenue grew to 33.09 billion yuan ($5.24 billion) for the fourth quarter to Dec. 31.
