China’s bike rental industry has experienced a roller coaster over the past 3 years. At its height, there were nearly 80 bike rental startups in the market, brightening the streets with a rainbow of bikes. But in the fast-paced tech world, trends come and go quickly. Within a year, over 20 bike startups failed, including […]
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Posted inWith Chinese Characteristics
China Tech Talk 68: The year that tech became political — 2018 in review, part 1
Matt and John take a look at the stories and trends of 2018.
Posted inNews
4 take aways from 34 new Chinese unicorns in 2017: IT Juzi report
A “unicorn” refers to those companies less than 10 years old and valued at $1 billion or more. There were 34 Chinese new unicorn companies in 2017 that match these conditions, according to a new report released by Chinese startup database IT Juzi (IT桔子). In the first half of 2017, rental economy startups gained prominence […]
Posted inNews
Top 3 Chinese tech fails of 2017
The year 2017 was great for many tech firms in China. Tencent briefly outdid Facebook in market valuation reaching a $500 billion valuation mark. Toutiao shot up from obscurity on the international scene with its parent Bytedance buying Musical.ly. Alibaba spread its wings further into Asia, Didi started its global expansion, Huawei overtook Apple as […]
Posted inHeavy Hitters, With Chinese Characteristics
How Meituan Dianping became China’s super-platform for services
China’s massive O2O platform Meituan Dianping is a company that defies categorization. As the company’s founder and CEO Wang Xing once said, it’s hard for them to compare to any other company. Once known as the Chinese equivalents of Groupon and Yelp, Meituan and Dianping merged in 2015 to become a company that sells movie […]
Posted inOn the Cusp
China’s ride-hailing resurgence is just another step into the future of mobility
China’s ride-hailing industry has been facing turbulent times but it’s not just about overcoming Didi.
Posted inNews
Looking back at ChinaBang: WeChat – Best mobile social network 2012
TechNode has been organizing the annual “China Bang Awards” since 2011. Over the past few years, TechNode has witnessed a large number of emerging startups grow into unicorns. For the upcoming ChinaBang Awards 2018, TechNode has started a special report to review the history of China Bang Awardees. In 2017, a message from the art world […]
Posted inWith Chinese Characteristics
China’s tech is addicted to debt
China has become addicted to debt. Now, its tech industry is hooked too.
