OPPO to pump USD 1.4 Bn next year to reorganise supply chain, recruit talents and improve technology, says CEO Mingyong Chen.
Xiaomi partners with IKEA to develop smart home solutions.
Animation content company Hangzhou Wawayu to cooperate with Chinese speciality video platform Bilibili.
Commercial use vehicle technology services platform Gongguizhijia receives investments from Jili Family Foundation.
Wifi tech company LinkSure to launch satellite network program next year as it plans to provide free satellite network around the globe by 2026.
HK Securities and Futures Commission mulls virtual currency platform regulations.
Alibaba’s Taobao to get access to content of cosmetic e-commerce app RED. Taobao will later integrate the content into its platform.
(Reported by Xintong Chen, an intern at The Passage.)