The MIIT crackdown is part of a larger effort to clean up mobile app data collection practices.
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Posted inHeavy Hitters
China Tech Investor 35: Why Xiaomi needs to face the music, with Tim Culpan (plus PDD, iQiyi, and Baidu earnings)
Tim Culpan joins to discuss Xiaomi’s weak performance, the oversupply of ad inventory on the Chinese web, and general takeaways from Q2 earnings season.
Posted inWith Chinese Characteristics
China’s wearable devices market grew 45.2% in the past year
Xiaomi accounts for a quarter of the wearable devices market, but Huawei has seen the most growth in shipments.
Posted inHeavy Hitters
China’s Microsoft challenger Kingsoft files for Shanghai tech board listing
Kingsoft has 280 million paying users of its WPS Office, a free alternative to Microsoft’s Office suite in China.
Posted inHeavy Hitters
China to slash mobile costs 30%, improve access to online services
Chinese tech entrepreneurs are heeding the government call during the Two Sessions, suggesting more government inputs into online public services, especially distance education and e-healthcare.
Posted inHeavy Hitters
China Tech Investor 15: Tencent buys part of Reddit and common reporting standards
Plus, Xiaomi’s continued success in India, Pinduoduo raising more cash, and Chinese tech giants’ big spring festival hongbao giveaways.
Posted inWith Chinese Characteristics
Regulators warn fintech apps over data collection practices
Many of the apps flagged for data collection violations are mobile finance and money-lending apps from listed companies.
Posted inWith Chinese Characteristics
Briefing: China’s venture capital deals plummet in second quarter
The rise of Chinese tech has put it in the crosshairs of the Trump administration, making investors nervous.
Posted inOn the Cusp
Briefing: Facial recognition firm Megvii seeks $800 million IPO
The company’s listing could serve as a litmus test for other AI companies thinking about following the company to the capital markets.
Posted inHeavy Hitters
Briefing: Video of children singing “Huawei the Beautiful” goes viral on Chinese social media
The producers claim it was an “act of public benefit.”
