CHINA TELECOM's Yixin Undergoes Biz Shuffle: Report
AASTOCKS News·- Yixin, a social networking app under CHINA TELECOM, will undergo business adjustments starting in August, eliminating support for withdrawals and wallet functions. - The app's future functionality remains uncertain, with potential removal of other features. - Established as a joint venture in 2013, CHINA TELECOM held a 73% stake, while NTES exited the venture in 2024, transferring ownership to Zhejiang University.