Companies of China

Tencent Music Entertainment Group Announces Appointment of New Independent Director

Monday, October 26, 2020 - 10:00am

SHENZHEN, China, Oct. 26, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in China, today announced that Mr. Adrian Yau Kee Mak has been appointed as an independent director on the Company's board of directors (the "Board") under relevant U.S. securities law and NYSE rules, effective October 26, 2020.

Key Points: 
  • SHENZHEN, China, Oct. 26, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in China, today announced that Mr. Adrian Yau Kee Mak has been appointed as an independent director on the Company's board of directors (the "Board") under relevant U.S. securities law and NYSE rules, effective October 26, 2020.
  • "We are honored to have Adrian joining us as an independent director," said Tao Sang Tong, Chairman of TME.
  • Tencent Music Entertainment Group (NYSE: TME) is the leading online music entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing.
  • Tencent Music's platform comprises online music, online karaoke and music-centric live streaming services, enabling music fans to discover, listen, sing, watch, perform and socialize around music.

COVID-19 Lockdowns Led to a Huge Increase in Demand for Online Food Orders in China

Friday, October 23, 2020 - 5:45pm

After the transaction is completed, Alibaba will own 72% of Sun Art.

Key Points: 
  • After the transaction is completed, Alibaba will own 72% of Sun Art.
  • COVID-19 lockdowns led to a huge increase in demand for online food orders in China and even though lockdowns have been lifted many still prefer to buy their groceries online.
  • All of its physical retail locations in China are now integrated into Alibaba’s Taoxianda and Tmall Supermarket platforms and can provide one-hour and half-day on-demand delivery.
  • To see the full article and a list of related reports on the market, visit "COVID-19 Lockdowns Led to a Huge Increase in Demand for Online Food Orders in China"
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SmallRig announces accessories for DJI RS 2/RSC 2 ecosystem

Friday, October 23, 2020 - 11:55am

SHENZHEN, China, Oct. 23, 2020 /PRNewswire/ -- On October 23, SmallRig officially announced "Discover" accessories for DJI RS 2/RSC 2 ecosystem, two revolutionary stabilizers especially designed for DSLRs and mirrorless cameras, both of which were released onOctober 15.

Key Points: 
  • SHENZHEN, China, Oct. 23, 2020 /PRNewswire/ -- On October 23, SmallRig officially announced "Discover" accessories for DJI RS 2/RSC 2 ecosystem, two revolutionary stabilizers especially designed for DSLRs and mirrorless cameras, both of which were released onOctober 15.
  • With carbon fiber arm, RS 2 hasalighter body but allows heavier payload, which provides a complete solution for filmmakers under different scenarios.
  • Compatible with standard Arca quick release plate and DJI original accessories, SmallRig Manfrotto to Arca Quick Release Plate enables quick switch between gimbal shooting, tripod shooting and handheld shooting.
  • In the future, SmallRig will further cooperate with DJI to develop a more comprehensive ecosystem for multiple shooting scenarios, witnessing more impressive stories with all content creators.

SmallRig announces accessories for DJI RS 2/RSC 2 ecosystem

Friday, October 23, 2020 - 11:06am

SHENZHEN, China, Oct. 23, 2020 /PRNewswire/ -- On October 23, SmallRig officially announced "Discover" accessories for DJI RS 2/RSC 2 ecosystem, two revolutionary stabilizers especially designed for DSLRs and mirrorless cameras, both of which were released onOctober 15.

Key Points: 
  • SHENZHEN, China, Oct. 23, 2020 /PRNewswire/ -- On October 23, SmallRig officially announced "Discover" accessories for DJI RS 2/RSC 2 ecosystem, two revolutionary stabilizers especially designed for DSLRs and mirrorless cameras, both of which were released onOctober 15.
  • With carbon fiber arm, RS 2 hasalighter body but allows heavier payload, which provides a complete solution for filmmakers under different scenarios.
  • Compatible with standard Arca quick release plate and DJI original accessories, SmallRig Manfrotto to Arca Quick Release Plate enables quick switch between gimbal shooting, tripod shooting and handheld shooting.
  • In the future, SmallRig will further cooperate with DJI to develop a more comprehensive ecosystem for multiple shooting scenarios, witnessing more impressive stories with all content creators.

ZK International Group Co., Ltd. Approved as a Key Supplier to China's Top 5 Commercial Real Estate Enterprise

Thursday, October 22, 2020 - 2:00pm

The subsidiaries of Suning Real Estate are free to order products from the Company with no need to do their own assessment.

Key Points: 
  • The subsidiaries of Suning Real Estate are free to order products from the Company with no need to do their own assessment.
  • For 18 years, Suning Real Estate has established itself as one of the leading real estate developers in China, especially in the commercial real estate sector.
  • In 2019, Suning Real Estate ranked among the TOP 5 of China's Top 100 Commercial Real Estate Enterprises, the TOP 20 of China's Most Valuable Real Estate Brands and the TOP 50 of China's Top 100 Chinese Real Estate Enterprises.
  • Suning Real Estate creates an integrated innovative real estate business chain covering three development programs: commercial real estate, city town and residential real estate.

Yuanfudao Raises US$2.2 Billion in New Financing, Valuing the Company at US$15.5 Billion, Becoming the Most Valued Ed-Tech Company Worldwide

Thursday, October 22, 2020 - 11:29am

The G1 financing round was led by Tencent, with participation from Hillhouse Capital, Boyu Capital and IDG Capital.

Key Points: 
  • The G1 financing round was led by Tencent, with participation from Hillhouse Capital, Boyu Capital and IDG Capital.
  • Yuanfudao's latest financing rounds increased the Company's valuation to US$15.5 billion, making it the most valuable technology-driven education unicorns in the world.
  • The new funding will allow Yuanfudao to further capitalize on its educational technology innovation, accelerate new curriculum product development and expand its online education service system.
  • The Company has self-developed a variety of online education products including YUANFUDAO APP, YUANTIKU, XIAOYUANSOUTI, XIAOYUANKOUSUAN, Zebra AI Course and YUANFUDAO.

Trip.com Group’s “LIVE for Trip” month-long campaign to further boost travel recovery

Thursday, October 22, 2020 - 7:28am

The LIVE for Trip series will feature livestreaming events from leading industry representatives and KOLs who will host travel product shows and offer over 150 million USD in travel discounts and giveaways on exciting new travel products.

Key Points: 
  • The LIVE for Trip series will feature livestreaming events from leading industry representatives and KOLs who will host travel product shows and offer over 150 million USD in travel discounts and giveaways on exciting new travel products.
  • Every day from 10 October to 11 November, Trip.com Group platforms will host livestreams focused on different travel products and destinations.
  • Trip.com Group regular BOSS live and Trip.com LIVE broadcasts will be joined by airline, hotel, vacation, destination and store exploration programs that showcase the newest travel packages and products on offer.
  • The Travel On: LIVE for Trip campaign embodies a pioneering celebratory spirit and utilizes innovative livestreaming channels to share thousands of new products tailored for todays travelers.

ByteDance (TikTok) Uses Elliptic Labs Technology for New Smartphone

Tuesday, October 20, 2020 - 4:41pm

ByteDance (the company behind TikTok) and Elliptic Labs (OSE: ELABS-MM) announced today the release of a new smartphone, Smartisan Nut R2, that relies on Elliptic Labs INNER BEAUTY AI Virtual Proximity Sensor to enable its bezel-free design.

Key Points: 
  • ByteDance (the company behind TikTok) and Elliptic Labs (OSE: ELABS-MM) announced today the release of a new smartphone, Smartisan Nut R2, that relies on Elliptic Labs INNER BEAUTY AI Virtual Proximity Sensor to enable its bezel-free design.
  • Elliptic Labs first reported the agreement for this design win in July 2020, and the smartphone officially launched today.
  • Our customers see huge benefits with our technology, which is why more smartphone manufacturers continue to adopt our AI software platform.
  • Elliptic Labs technology and IP are developed in Norway and solely owned by the Company.

DJI’s New Pocket 2 – Still Small Enough to Fit in Your Pocket, but Now Even Mightier Than Before; More Info at B&H

Tuesday, October 20, 2020 - 2:00pm

The most notable improvement is that the DJI Pocket 2 allows you to zoom while shooting with it, something the Osmo just couldnt do.

Key Points: 
  • The most notable improvement is that the DJI Pocket 2 allows you to zoom while shooting with it, something the Osmo just couldnt do.
  • The camera features 20mm equivalent lens with minimal distortion, enabling you to take flattering portraits as well as landscapes.
  • These functions include an improved Hybrid AF, which helps avoid out of focus images and wasted time getting the shot in focus.
  • The DJI Pocket 2 also features Glamour filters, which you activate and select from merely by swiping down on the touchscreen.

Capture Life's Meaningful Moments with DJI's Smallest Stabilized Mini 4K Camera, The DJI Pocket 2

Tuesday, October 20, 2020 - 2:00pm

DJI Pocket 2 packs full-scale performance in a highly portable and lightweight body, making it the perfect everyday camera to have in your pocket, bag, or purse.

Key Points: 
  • DJI Pocket 2 packs full-scale performance in a highly portable and lightweight body, making it the perfect everyday camera to have in your pocket, bag, or purse.
  • DJI Pocket 2 also showcases a highly modular design with a removable base plate that allows you to attach new accessories and expand your possibilities.
  • "There was nothing like the DJI Osmo Pocket on the market when we first released it in November 2018, and it immediately changed the way we capture life's special moments," said DJI President, Roger Luo.
  • DJI Pocket 2 includes the Mini Control Stick and tripod mount (1/4") for the retail price of $349 USD.