Page 12 - Wang Xing News Today

Pinduoduo founder Colin Huang was the biggest lower with US$42.9 billion or two-thirds of his fortune wiped out.   . Read more at straitstimes.com.

By Xinhua Writer Yuan Quan BEIJING, Dec. 30 (Xinhua) -- Oncologist Wang Xing believes a doctor duty is not only to treat patients, but also to explain medical p

It’s been the toughest year for China’s 10 richest tech tycoons since 2012 amid wide scale crackdowns by Chinese regulators.

Weighed down by a bruising antitrust probe, an investment spurt and mounting competition.

China’s biggest on demand food delivery provider Meituan reported a 10 billion yuan loss in the third quarter after getting hit with an antitrust fine.

China's Meituan on Friday forecast a weaker outlook for its core food delivery business next year, after a 3.4 billion yuan ($532.24 million) fine pushed it to report its largest-ever quarterly loss in three years.

Elon Musk, Tesla CEO and the world’s richest man, tweeted a 1,800-year-old Chinese poem comparing the killing of a sibling to boiling beans from the same root, spurring conversations among netizens on Twitter trying to decipher what the tech billionaire is trying to say. Musk, who also founded SpaceX, appeared to address the post to “humankind” before copying the text...

Baidu unveils three new robotaxi models Baidu’s first “Apollo Day” was held yesterday in Beijing Shougang Park. Three mass-produced robotaxi models -- ... Baidu, Beijing, CCB International, CITIC, Meituan Dianping, WM Motor

China’s richest are on the defensive, deleting social media profiles and moving money around as Xi Jinping drives a campaign to redistribute income.

China's Internet commerce and technology giants are increasingly impacted by a variety of regulations imposed on them by ...