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86insider

Logo of telegram channel sg86insider — 86insider 8
Logo of telegram channel sg86insider — 86insider
Channel address: @sg86insider
Categories: Business
Language: English
Subscribers: 95
Description from channel

Dedicated to readers and business leaders interested in doing business in China. We offer you our expertise in breaking down complicated norms, bringing you in-depth insights into challenges and providing you with realistic solutions to tackle them.

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The latest Messages

2021-12-06 17:19:25
As we are approaching the year end, here is our pick of the five events that shaped China in 2021. Read more: https://86insider.com/5-events-that-shaped-china-in-2021/

Photo: SCMP
44 views14:19
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2021-11-08 15:23:08
Cultural intelligence has become fundamental for venturing into a foreign country. In China, grasping a good understanding of "guan xi" is never less important. "Where should you sit in a business dinner setting? When is a good time to exchange WeChat contact? Learn about these tips as we join two fictional characters (Xiao Ming and Da Ming) on their business trip to Shanghai."

Join us on 10th November from 7.30 PM to 8.30 PM with an exclusive sharing from 86Insider.

Seats are limited to 30 youths! Register now at: https://www.eventbrite.sg/e/curious-potato-talk-series-7-navigating-guan-xi-in-china-tickets-200681211907

Zoom Meeting ID: 880 3273 4283
Zoom Passcode: 111021
Zoomlink: https://us06web.zoom.us/j/88032734283?pwd=eXdvcDRXL25RYVRNU3U5SzNIZ1VJZz09
95 views12:23
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2021-10-19 16:34:30
Much has been speculated on the winner of the arms race in AI between the United States and China. Many reports compare these countries on venture funding and policy choices while largely ignoring the fact that talent is the scarcest resource in the AI industry. This article assesses the talent pool in both countries. Read on to find out more: https://86insider.com/chinese-undergrads-will-determine-the-outcome-of-us-china-arms-race-in-artificial-intelligence/

Photo: Modern War Institute at West Point
73 views13:34
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2021-10-11 16:03:12 Spotlight Monday

Alibaba
Alibaba, Baidu and others invested in a core chip vendor Phytium , increasing the company's registered capital by about US$13 million.

Baidu
China's antitrust regulator is unlikely to approve Baidu's US$3.6 billion acquisition of JOYY Inc's video-based domestic livestreaming business YY Live .

Tencent
Tencent bought 22% of shares in Polish game developer Bloober Team for US$19.5 million.
93 views13:03
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2021-09-27 17:22:29 Spotlight Monday

Alibaba

Ali Venture Capital plans to sell all of its stake in Mango Excellent Media , a publicly-traded Chinese media company , expecting to lose about US$356 million.

ByteDance
ByteDance plans to launch an e-commerce app aimed at international online shoppers , similar to Alibaba's Ali Express.

ByteDance plans to launch a new perfume brand called Emotif .

Xiaomi
Xiaomi published a new imaging system patent , allowing users to take 3D images via a multi-device interconnected shooting method.
99 views14:22
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2021-09-21 11:11:02
Happy Mid-Autumn Festival to all our readers!
91 views08:11
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2021-09-20 16:54:50 Spotlight Monday

Alibaba

Alibaba rebranded its community group-buy unit to “Taocaicai,” which incorporated Freshippo Market and Taobao Maicai .

ByteDance
Douyin tests incorporating Xindong Waimai, its food delivery service , into livestreaming portals .

ByteDance plans to release a music streaming product named Feile for the domestic market later this year.

JD.com
JD will launch its five-story physical store named JD Mall in Xi An on 30 September.

Tencent
Tencent’s QQ started allowing users to access competitor links such as Taobao and Douyin, after regulators told the company and its rivals to end a long-standing practice of blocking each other’s links.
84 views13:54
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2021-09-13 16:29:12 Spotlight Monday

ByteDance
ByteDance is reportedly in talks with banks on raising a US$4 billion loan to support its overseas expansion, refinance debt and replenish funds for daily operations.

Didi Chuxing
After failing to gain an edge in the community group-buy sector , Chengxin Youxuan will cease operations in 22 provinces, accounting for more than 60% of its service locations.

Tencent
After receiving multiple complaints on the loss of chat data, WeChat plans to launch a paid cloud storage service that allows users to back up their chat records.

Tencent has applied for two trademarks related to "metaverse"—creating an immersive virtual world via AR and VR—for its games .
78 views13:29
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2021-09-09 16:06:42
As President Xi Jinping ratchets up the rhetoric about "common prosperity," read here to find out the measures implemented thus far to realize the goal, and how this idea was ignited: https://86insider.com/common-prosperity-chinas-way-of-tackling-social-inequality/

Photo: South China Morning Post
90 views13:06
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2021-09-06 17:49:25 Spotlight Monday

ByteDance
ByteDance plans to sell its domestic and international securities business, with an overall valuation of about US$77 to 150 million .

Stock Exchange
China will set up a new stock exchange in Beijing to support the innovation and development of SMEs .

Tencent
Tencent has increased its gaming investments in European startups by more than seven times this year.

Xiaomi
Xiaomi completes business registration of its electric vehicle unit , Xiaomi Auto, with registered capital of US$1.5 billion.
76 views14:49
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