Mobike and Bluegogo double rates in Beijing in bid to stay afloat
Ride-sharing bikes line in a street in Shanghai (Image credit: TechNode / Shi Jiayi). Chinese bike-rental companies are…
Briefing: Chinese VIP jail uses AI technology to monitor prisoners
No escape? Chinese VIP jail puts AI monitors in every cell ‘to make prison breaks impossible’ - South China Morning…
Roadstar.ai investors reportedly seeking to dissolve self-driving car firm
(Image credit: Roadstar.ai) After months of infighting, Chinese self-driving vehicle company Roadstar.ai is reportedly…
SF Express shutters grocery stores amid slowing e-commerce growth
(Image credit: SF Express) Chinese logistics company SF Express is shrinking its new retail business by closing offline…
Briefing: Profits for Midea-backed robot maker Kuka fall 80% in 2018
美的收购的机器人巨头库卡，去年利润暴跌八成将开始裁员 - Jiemian What happened: Two years after being acquired by Chinese consumer electronics…
Alibaba accuses Meituan CEO of libel for questioning founder's integrity
Wang Xing, Meituan founder and CEO (Image credit: Meituan). Following controversial comments by the CEO of Meituan…
Briefing: Video platform iQiyi aims to raise $1.1 billion in convertible bond sale
China video-streaming firm iQIYI targets raising $1.1 billion in convertible bonds - Reuters What happened: Chinese…
Jack Ma’s Hupan University kicks off new class, includes Horizon Robotics CEO
Hupan University's 2017 new student class (Image credit: Hupan University). After a rigorous, six-month selection…
Online housing platform Beike gets $800 million in funding from Tencent
(Image credit: Beike) Beijing-based online housing platform Beike announced Monday it has received $800 million in…
Gaming firm The9 partners with Faraday Future to run EV business in China
(Image credit: Faraday Future) After a series of furloughs, pay cuts, and a plant closure, embattled electric vehicle…