TouchPal keyboard developer CooTek files for a $100 million IPO

TouchPal keyboard developer CooTek files for a $100 million IPO - Nasdaq What happened: CooTek, the company behind…


Jinri Toutiao rival Qutoutiao files for US IPO

Tencent-backed Qutoutiao files for US IPO- Reuters What happened: Tencent-backed Chinese content aggregator Qutoutiao…


China’s console and TV-based game market will hit $736 million in 2018

China’s console and TV-based game market will hit $736 million in 2018-Venture Beat What happened: The total revenue…


Xiaomi’s AI assistant Xiaoai reaches 30 million monthly active devices

小爱同学月活跃设备破3千万 累计唤醒超50亿次- NetEase What happened: Xiaomi announced that its voice AI assistant Xiaoai provides service…


How much do Chinese netizens care about data privacy?

China has long been considered as a place where online privacy is nearly nonexistent but various signs show that…


Hexindai invests in Musketeer seeking new opportunities beyond P2P fraud spooked China

Image credit: 123RF Chinas leading peer-to-peer (P2P) lending platform Hexindai announced today it will acquire a 20%…


Alibaba launches nine cloud products, paving way for new retail global expansion

Image credit: 123RF Alibaba’s cloud computing arm Alibaba Cloud today launched a new suite of nine product offerings…


WeChat mini programs are luxury brands' new trick for cashing in on Chinese Valentine’s Day

It’s no secret that WeChat is becoming a prominent channel for luxury brands to reach out to the Chinese population by…


Bitcoin mining giant Bitmain reportedly raises $560 million in pre-IPO funding

比特大陆完成5.6亿美元融资 或9月向港交所递交招股书-LeiNews What happened: Bitmain, the dominant force in bitcoin mining, has reportedly…


Chinese loan platform Weidai files for a $100 million US IPO

Chinese loan platform Weidai files for a $100 million US IPO-Nasdaq What happened: Chinese peer-to-peer lender Weidai…