The founding team of Renren has finally decided to let go of their efforts to restore the platform to its former glory, leaving the fate of the site in the hands of users and partners instead.
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Posted inTurf Wars
Starbucks enters strategic partnership with Alibaba to fend off Luckin rivalry
The rumor about a possible tie-up between Starbucks and Alibaba-backed delivery service Ele.me has been around for a while. But it turns out that the partnership is much larger in scale than previously thought. The partnership will cover nearly every key business within the Alibaba ecosystem, including Ele.me, Hema, Tmall, Taobao, and Alipay.
Posted inOn the Cusp
China’s maker movement takes root in the classroom
Shenzhen kids skip to the top of the line of China’s maker boom.
Posted inHeavy Hitters, On the Cusp
The battle for China’s on-demand food delivery moves to Nanjing
Didi announced via their official WeChat account on May 24 that their food delivery service, Didi Foodie, will formally land in its second city, Nanjing, on June 1. On April 9, Didi launched its first foodie service in Wuxi. According to the company, the service in Nanjing will follow strict food safety and delivery standards. […]
Posted inOn the Cusp
China embraces tech in its courtrooms
China’s legal system looks to mobile apps and AI to help shake its opaque image.
Posted inOn the Cusp
TechCrunch Hangzhou: Witness the rise of decentralization
When Bitcoin was first conceptualized in a paper circulating a cryptography mailing list, it was difficult to take seriously. This wasn’t the first time an e-currency outside of government regulation had tried to shake up the financial world, and every single one of them had flopped. There was no reason this one would succeed where […]
Posted inOn the Cusp
Can live streaming make money? Takeaways from Huya’s May IPO
Putting an end to longstanding rumors that Huya was getting ready for its independent IPO, the live streaming site is now China’s first independent listed live stream gaming platform (strictly speaking Huya is a spin-off of parent company YY). According to the SEC prospectus, Huya listed on NYSE on May 11, 2018, 11pm Beijing time. […]
