Yingzhi Yang
Stories by Yingzhi Yang
Baidu’s AI chip unit Kunlun completes new funding, at $2b valuation
Kunlun chips are currently used mostly by Baidu on smart electric vehicles and cloud computing.
China’s Ant Group CEO Simon Hu leaves after failed IPO prompts revamp
Hu will be replaced by company veteran and executive chairman Eric Jing.
China’s Baidu looking to sell 4% shares to raise $3b in HK secondary listing
Deal has been ready to launch since at least Tuesday.
China’s ByteDance developing Clubhouse-like app amid copycat rush
ByteDance's plans are still in the early stages.
Alibaba founder Jack Ma loses title as China’s richest man
Ma and his family had held the top spot for China's richest in the Hurun Global Rich List in 2020 and 2019.
ByteDance names new global head of R&D at TikTok
The role is newly created and would be the first senior R&D position for TikTok.
Chinese grocery app Xingsheng Youxuan raises $2b in new funding round
FountainVest Partners, Primavera Capital and KKR are among investors in this round.
Baidu says has decided on a CEO and brand for its EV firm with Geely
Baidu CEO Robin Li said the company will try to launch a new EV model in three years.
Short video app Douyin sues Tencent alleging monopolistic behaviour
ByteDance competes with Tencent in social media in China and has challenged Tencent previously.
Alibaba founder Jack Ma makes first live appearance in three months in online meet
Jack Ma had not appeared in public since October 24.
