Inside China Tech: A matter of Honor and Muddy Waters’ allegation of Joyy’s ‘multibillion dollar fraud’

//Inside China Tech: A matter of Honor and Muddy Waters’ allegation of Joyy’s ‘multibillion dollar fraud’

Inside China Tech: A matter of Honor and Muddy Waters’ allegation of Joyy’s ‘multibillion dollar fraud’

Hello, this is Melissa Zhu from SCMP’s tech desk in Hong Kong rounding up some of our top stories about China tech.This week, we focus on two high profile deals involving Chinese tech companies. First, Huawei Technologies announced that it was selling its budget smartphone brand Honor amid tough US sanctions. Second, Chinese search giant Baidu is also buying social media firm Joyy’s live-streaming business YY Live, but short seller Muddy Waters released a report calling Joyy “a multibillion…

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By | 2020-11-20T23:00:23+00:00 November 20th, 2020|Technology|Comments Off on Inside China Tech: A matter of Honor and Muddy Waters’ allegation of Joyy’s ‘multibillion dollar fraud’