Say goodbye to Facebook, Twitter, and Instagram and welcome your new favorite apps. Here is everything you will need to navigate your China life. 1. Communication: WeChat (微信) The app to rule them all, WeChat is the very definition of indispensable in China. This is where you will connect with your friends, communicate with your […]
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China’s AirBNB Tujia Merges Homestay Businesses Of Ctrip and Qunar
Tujia.com, which is often dubbed the AirBNB of China, announced Wednesday that it has entered into a strategic agreement with Ctrip and Qunar to merge vocation home rental businesses of the two Chinese online travel services. It represents another strategic move by Tujia after its purchase of the short-term rental platform Mayi.com this June. Through this acquisition, […]
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Updated: Unmanned stores could see first big failure as Bianlifeng rumored to be pulling smart shelves from 38 Chinese cities
Bianlifeng (便利蜂), the operator of Chinese staff-less stores and smart vending machines, released a notice to its employees yesterday announcing that they will start pulling out vending machines from 38 cities in China an unnamed employee told Pingtu360. Except for the eight selected cities that they are currently testing the unmanned shelves in and the three […]
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China’s Airbnb rival Tujia receives $300 million for online unit
It seems that China’s online travel and accommodation industry is still feeling the heat from the Golden Week. China’s home rental unicorn Tujia.com, often dubbed the Airbnb of China, announced today that it just completed a $300 million Series E for its online arm at a valuation of over $1.5 billion. The current round marks […]
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LinkedIn’s China rival Maimai just raised $75 million
Maimai, LinkedIn’s biggest China rival, just raised $75 million in its latest Series C round and has plans to go IPO in 2019, our sister site is reporting (in Chinese). The round is led by DCM Ventures, an investor in popular social networking apps including Kuaishou, Tantan, Musical.ly, and Renren. IDG Capital and Morningside Venture Capital […]
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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 […]
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Ctrip, Qunar End China’s Biggest Online Travel Rivalry With Multi-Billion Dollar Partnership
The spate of consolidations between Chinese tech companies continues as yet another industry rivalry is settled in a multi-billion dollar partnership. Ctrip.com International Ltd. and Baidu-backed Qunar Cayman Islands Ltd. have announced a matchup today that will have a valued worth of approximately $15.6 billion USD. Unlike other recent match-ups in the market, Qunar and Ctrip’s partnership involves a share […]
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Top 10 Chinese unmanned stores in 2017
The announcement of Amazon Go, the cashierless store concept, in late 2016, coincided with a flurry of Chinese tech companies creating their own versions of unmanned stores. For them, 2017 was a fruitful year for developing their solutions tailored to Chinese consumers, as well as in educating the market. What’s more important behind the quick […]
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Chinese Airbnb For Tour Guides Nilai.com Completes $2.3 M USD Funding
Chinese P2P platform for tour guide services Nilai.com announced the completion of a 15 million yuan ($2.3 million USD) pre-A round of funding on Tuesday. The funding was led by Beijing Fuyuan and will be used to improve the app and enhance the marketing outreach to attract more local guides in overseas countries. Nilai.com, whose Chinese name translates […]
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Airbnb names new China head, rumored in talks with local rival Tujia
After nearly two years in China, Airbnb finally appointed someone to head its China business: Ge Hong as vice president. This is another big move to accelerate its push into the country’s lucrative short-term rental market worth an estimated RMB 12.52 billion in 2017 (in Chinese). Ge will report to directly to Airbnb CEO Brian […]
