Yealink Fujian province
Yealink, founded in 2001 and headquartered in Xiamen, Fujian province. The firm provides voice, video, and data-based unified communication solutions in China. It went public on the Shenzhen Stock Exchange in 2017. Its main shareholders include Mr. Wu zhongyi, Chen zhisong and Lu rongwfu. Zoom, Cisco, Dingtalk are competitors of Yealink.
Xiaomi’s Net Profit Fell by 52.9% YoY
Xiaomi’s Q1 2022 Financial Report indicated the global smartphone market’s condition. Whether Xiaomi’s new research on smart electric vehicles can succeed or not had caught huge attention due to the high cost of the early-stage research.
Yesterday 08:18 PM
China Satellite Navigation and Location Services Industry Reached CNY 469 Billion
According to the GNSS and LBS Association of China's White Paper on the Development of China's Satellite Navigation and Location Services Industry (2022), China's Satellite Navigation and Location Services Industry grew by 16.29 % year over year, reaching CNY 469 billion.
May 18, 2022 06:56 PM
Tencent's Net Income Fell by 23% in First Quarter as it Shifted to To Business Services
Tencent reported revenue of CNY 135.4 billion in Q1 2022, the same as last year but less than the expected CNY 141.06 billion. The company's net income fell 51% year over year to CNY 23.4 billion. Under Non-IFRS, net income is CNY 25.5 billion, down 23% from the previous year.
May 18, 2022 05:08 PM
Co-Working Space Provider Ucommune Experienced Jaw-Dropping Losses
Founded in 2015, the Beijing-based Ucommune (优客工场) is a co-working space provider that creates a large-scale intelligent agile office ecosystem in China. Recently, the company released its second annual report, with net loss reaching CNY 2.163 billion.
May 17, 2022 12:26 AM