An internet entrepreneur explains why he deleted a 1,000-year-old poem on his blog, wiping US$16 billion off Meituan’s value

Source: South China Morning PostWang Xing, the co-founder of China’s dominant food delivery service Meituan, has…

Jack Ma makes a rare appearance on Alibaba’s family day at company’s Hangzhou campus

Source: South China Morning PostJack Ma, the founder and former chairman of Alibaba Group Holding, has…

Price of a small electric car in Shanghai could more than quadruple under plans to scrap free licence plates for cheap EVs

Source: South China Morning PostCheap electric cars in Shanghai are about to get a lot more…

Beijing slaps edtech unicorns Zuoyebang, Yuanfudao with steep fine over false advertising

Source: South China Morning PostBeijing’s market regulator has slapped education technology giants Zuoyebang and Yuanfudao the…

Beijing names and shames Tencent, Alibaba, Baidu and 81 other apps for excessive data collection under new rules

Source: South China Morning PostChina’s internet watchdog on Monday called out 84 mobile applications, including security…

Tencent-backed online insurer Waterdrop seeks to widen health policy coverage for China’s poor, founder says

Source: South China Morning PostTencent Holdings-backed online insurance technology firm Waterdrop, which raised US$360 million from…

How does the Greater Bay Area raise unicorns? StartmeupHK Festival puts spotlight on region and its benefits for entrepreneurs

Source: South China Morning PostThe Greater Bay Area (GBA) is drawing attention as a fast-developing innovation…

Live audio app Clubhouse launches Android version to expand its market as downloads plummet

Source: South China Morning PostLive audio app Clubhouse will begin introducing a test version of its…

SpaceX accepts dogecoin as payment to launch lunar mission next year

Source: South China Morning PostSpaceX will launch the “DOGE-1 Mission to the Moon” in the first…

Midea, China’s top home appliances maker, to expand overseas production as it eyes 10 per cent global market share

Source: South China Morning PostMidea Group, China’s largest home appliances company, is expanding overseas production with…

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