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 […]
Search results
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 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
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 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.
Posted inThe Numbers
LinkedIn’s China rival Maimai raises $200 million ahead of US IPO
Maimai claims this is the largest funding ever in the professional networking market and is planning to go global.
Posted inThe Numbers
Another Singles’ Day, another record broken: Here’s what you need to know
This year’s Singles’ Day was a mix of milestones and setbacks.
