Monday, March 29, 2021

Bilibili drops more than 6% in its Hong Kong debut early Monday after raising $2.6B (Bloomberg)

Bloomberg:
Bilibili drops more than 6% in its Hong Kong debut early Monday after raising $2.6B  —  - Hong Kong listing adds $2.6 billion to war chest for content  — CEO says he “wouldn't care” about short-term stock performance  —  Bilibili Inc. fell on its debut in Hong Kong …



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Baidu VP Qu Jing posted several videos on Douyin demeaning staff, intended to promote Baidu, that reignited criticism of Chinese tech companies' work culture (Financial Times)

Financial Times : Baidu VP Qu Jing posted several videos on Douyin demeaning staff, intended to promote Baidu, that reignited criticism o...