Tuesday, 12 December 2017
What happened: After bike rentals, power bank rentals are going overseas with Shenzhen-based Ladian the first company to explore new markets which are to be announced.
Why it’s important: The company has admitted that this is a risky endeavor considering that the sharing model has experienced a downturn. Meituan Dianping has shut down its power bank rental business in November after LeDian did the same. Despite the risks, the numbers might be too tempting for Ladian to pass: research shows that by 2019 about 246 million consumers will be using power bank rentals. —Masha Borak
小米计划在印度扩展业务 未来或进入电动车和移动支付市场 – 腾讯科技
What happened: Beijing-based smartphone giant Xiaomi is reportedly looking to enter several booming industries in India, including electric vehicles and payment.
Why it’s important: Xiaomi’s plans to expand into the non-smartphone space along with its recent announcement to invest $1 billion in 100 Indian startups come at a time when rumors are rife that the company will have an IPO sometime next year. —Nicole Jao
全球网速最新排名：新加坡第一，香港第3，大陆第23 – 腾讯科技
What happened: Ookla, the internet speed testing service, has released its latest edition of the Speedtest Global Index. According to the report, Hong Kong comes in at 18th globally, Taiwan at 24th, and China at 31st. For fixed broadband, Singapore again leads the charts, Hong Kong is placed 3rd, and China jumps one place to 23rd.
Why it’s important: Sufficient infrastructure, quality networks, development of new technologies, a healthy competitive market for operators are all factors that tend to drive the advances in internet speeds. —Nicole Jao
What happened: The American smartphone giant reportedly resolved 196 cases in which suppliers violate China’s environmental law with the help of the Blue Map app developed by Ma Jun, founder of the Institute of Public & Environmental Affairs (IPE).
Why it’s important: Mr. Ma is one of the most prominent environmentalists and the brain behind Blue Map. Backed by Alibaba’s Jack Ma—who is keen on helping to tackle China’s environmental issues—the app pulls pollution data from government websites and identifies companies that exceed the country’s environmental standards or cheat pollution reports.—Rita Liao
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