China tech news

Here are some recent China tech news updates:

1. Alibaba's Ant Group to Go Public with $35 Billion IPO

Ant Group, the financial services arm of Alibaba Group, is set to go public with a massive initial public offering (IPO) of $35 billion, making it the largest IPO in history. The IPO is expected to take place in Hong Kong and Shanghai. (Source: Bloomberg)

2. Huawei's Revenue Hits Record High Despite US Sanctions

Huawei Technologies Co. reported a record high revenue of 671.3 billion yuan ($96.4 billion) in the first half of 2020, despite facing intense US sanctions. The company's revenue grew 13.1% year-over-year, driven by strong sales of its 5G network equipment and smartphones. (Source: Reuters)

3. Tencent's WeChat to Introduce New Features to Boost Revenue

Tencent Holdings Ltd., the parent company of WeChat, is introducing new features to boost revenue and user engagement. The new features include a digital wallet, a gaming platform, and a social e-commerce platform. WeChat has over 1 billion monthly active users. (Source: South China Morning Post)

4. China's Didi Chuxing to Launch Electric Vehicle Subsidiary

Didi Chuxing, China's largest ride-hailing company, is launching an electric vehicle subsidiary to promote the adoption of electric vehicles in China. The subsidiary will invest in electric vehicle manufacturers and develop charging infrastructure. (Source: TechCrunch)

5. China's ByteDance to Launch Global Music Streaming Service

ByteDance, the parent company of TikTok, is launching a global music streaming service to compete with Spotify and Apple Music. The service, called Resso, will offer a free version with ads and a paid version with ad-free listening. (Source: The Verge)

6. China's Xiaomi to Launch 5G Smartphone with 108-Megapixel Camera

Xiaomi Corp., a Chinese smartphone maker, is launching a new 5G smartphone with a 108-megapixel camera, a 6.7-inch OLED display, and a 4500mAh battery. The phone will be available in China and other markets. (Source: CNET)

7. China's JD.com to Launch Autonomous Delivery Robots

JD.com, a Chinese e-commerce company, is launching autonomous delivery robots to deliver packages in China. The robots will be used in several cities, including Shanghai and Beijing. (Source: The Wall Street Journal)

8. China's Baidu to Launch AI-Powered Chatbot for Customer Service

Baidu Inc., a Chinese search engine company, is launching an AI-powered chatbot for customer service. The chatbot will be used by companies to provide customer support and answer frequently asked questions. (Source: TechNode)

9. China's Huawei to Launch 5G Network in Pakistan

Huawei Technologies Co. is launching a 5G network in Pakistan, making it the first country in South Asia to have a 5G network. The network will be launched in partnership with Pakistan Telecommunication Company Ltd. (Source: The News International)

10. China's Alibaba to Launch Online Education Platform

Alibaba Group Holding Ltd. is launching an online education platform to offer courses and training programs to students and professionals. The platform will be available in China and other markets. (Source: Bloomberg)

These are just a few of the latest China tech news updates. China is a rapidly evolving tech landscape, and there are many more exciting developments happening every day!