Second-hand mobile phones have become a target for illicit data brokers, who recover deleted user data and sell it on the black market for as little as RMB 10 ($1.56). Even phones that have been formatted to prevent incidents like this are not immune to exploitation. According to reports, consumers sold over 30 million mobile […]
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Posted inUp and Comers
Briefing: Auto platform Uxin narrows losses on swelling used car sales
The company seeks to increase its focus on its retail business to improve lower-tier city penetration.
Posted inTurf Wars
Xpeng shares surge on first results, promises China’s best assisted self-driving solution
Xpeng is gearing up for an ambitious goal: setting a benchmark for driver assistance technology in China that rivals will have to overcome.
Posted inHeavy Hitters
TikTok, Douyin the world’s second most-downloaded app in 2019
TikTok and Chinese version Douyin recorded more than 738 million downloads in 2019 across Apple’s App Store and Google Play in 2019.
Posted inThe Numbers
Nio’s revenue beat can’t outshine its struggle for profit
More challenges loom ahead in the pursuit of profit for Nio, as the company fights for market share amid intensifying competition.
Posted inViews
Pinduoduo growth story needs a new chapter
Pinduoduo has a revenue problem—the marketing services it relies on to make money simply don’t sell very well. It’s time for a change of strategy.
Posted inThe Numbers
Briefing: Live-streaming platform Huya to raise $343 million in new share offering
Huya intends to use the funds on its content ecosystem and e-sports partners.
Posted inThe Numbers
OnePlus leads Huawei, Xiaomi in online exposure as ‘global-first’ strategy pays off
OnePlus 7 tends to get more attention on Wikipedia, and higher reviews from tech websites readers, a study s comparing Huawei P30, Xiaomi Mi 9and Oneplus 7 shows.
Posted inThe Numbers
EV sales start to recover from virus hit
After nearly coming to a halt during Covid-19 lockdown, China’s EV sales are showing early signs of recovery in March, led by Nio and Tesla.
Posted inHeavy Hitters
‘Tech constraints’ may slow China’s 5G rollout, says Jefferies
A recent report re-evaluates 5G timing and rollout following a critical development in December and recent signals from government bodies.
