Ofo has released a revamped app featuring e-commerce offerings on JD.com and Tmall through which users can ‘earn’ back their deposits by shopping rebates.
Troubles for apartment rental platform Qingke highlight the risks in the industry, where highly leveraged financing is used to achieve scale very quickly.
Don’t believe reports that HiSilicon’s Balong chip offering is a challenge to Qualcomm’s mobile market. Think share bikes and cash registers, not phones.
The bike rental bubble popped a long time ago. Now, a new group of companies are taking a different approach to their predecessors.
Corporate VCs run by tech giants are some of the most active, and important, investors in China. But a rising unicorn needs the right partner to succeed.
Danke has been accused of raising housing rates on its tenants during the recent Covid-19 epidemic while delaying payments on its own leases.
China’s second landlord platforms are highly susceptible to downturns. Many have already collapsed—and there’s no guarantee even the largest will survive.
Home-Cook connected “merchants,” or home cooks, with local users looking for homemade dishes, and was a fad at the peak of the sharing economy trend.
Companies providing coding classes have raced to expand, hoping after two years of intense development, many have already gone bankrupt.
Health code platforms allowed cities to end lockdowns, but growing surveillance from digitization and centralization of data has both citizens and experts worried.