Sunday, January 24, 2021
Tags Chinese internet companies

Tag: Chinese internet companies

Big Internet Companies in China See 14.9% YoY Earnings Growth in 2020

The latest official data points to a sizeable increase in the revenues of China's large-scale Internet concerns in 2020 despite the economic...

Large-scale Chinese Internet Enterprises See 21.4% Growth in Operating Revenues in 2019

The operating revenues of China's large-scale internet enterprises saw robust growth last year. Data...

Ministry of Finance Says Accounting Problems Rife Amongst Chinese Internet Firms

The Ministry of Finance has accused leading Chinese internet companies such as Xiaomi Tongxun, Suning and Leshi of offences involving the provision of erroneous...

People’s Daily Warns Chinese Depository Receipts Could Cement Internet Monopolies

An article published by the flagship newspaper of China's ruling communist party raises the possibility that Chinese Depository Receipts (CDR) could serve to shore...

Chinese Internet Companies See Revenues Surge 24.9% in Jan-April

Chinese internet firms have seen a sizeable acceleration in revenue growth for the first four months of 2018, with online gaming and e-commerce performing...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.