Briefing: Sharp lays off 3,000 foreign staff as it relocates production to China

Sharp lays off 3,000 foreign staff as it relocates production to China – Nikkei Asian Review What happened: Japanese…


Briefing: Tencent Music said to file for US IPO today

IFR:腾讯音乐今日提交美国IPO申请 - iThome What happened: Tencent Music is reportedly planning to submit its IPO application today,…


Briefing: Bytedance in talks with Wall Street for up to $1.5 billion loan

Wall Street Banks Line Up to Lend to Bytedance, One of China’s Hottest Startups – WSJ (Paywall) What happened:…


Briefing: New Zealand blocks Huawei 5G equipment

New Zealand Blocks Huawei, in Blow to Chinese Telecom Giant – The New York Times What happened: New Zealand has blocked…


Didi Chuxing's carpool service will “remain suspended indefinitely” as the company revamps security measures

The Ministry of Transportation announced on Tuesday the result of the investigation into Didi Chuxing, which was…


Xiaomi’s smart speaker now has over 34 million monthly active users

(Image Credit: Leiphone) Xiaomi CEO Lei Jun announced at the company's AIoT Developer Conference today that Xiaomi…


Taobao is now testing new feature that includes product reviews from Xiaohongshu

Alibaba’s Taobao is testing out a new feature on its mobile app which allows sellers the option of show Xiaohongshu…


Briefing: ByteDance and NBA ink global partnership

字节跳动与NBA结成长期全球合作伙伴关系 – JRJ.com What happened: ByteDance and NBA have entered into a multi-year global partnership,…


Building block(chain)s for smarter government at TechCrunch Shenzhen

(Image Credit: TechCrunch中国) Blockchain and crypto were front and center at last week's TechCrunch Shenzhen 2018. One…


Briefing: UnionPay’s mobile payment service reaches 100 million users

中国银联宣布云闪付用户突破1亿:推双12半价活动 – iFeng What happened: UnionPay announced that its mobile payment app Cloud Quick Pass (云闪付)…