Alibaba’s logistics arm shows off self-developed driver-less van

Alibaba's logistics unit Cainiao is speeding up the development of driverless delivery vehicles. On April 19, the…


Tencent rumored to invest 100 million in Indian fantasy sports platform Dream 11

Tencent is reportedly advancing talks with Mumbai-based fantasy sports platform Dream 11 on an estimated 100 million…


China to start testing 5G in 16 major cities

Chinese regulators have given the green light to Chinese telecom operators to test 5G in major cities local media is…


Taiwan-based Kdan Mobile raises $5 million in Series A financing

Kdan Mobile Software Ltd, a leading SaaS provider headquartered in Taiwan has raised $5 million in Series A funding,…


WeWork rumored to acquire naked Hub for $400 million

Update: The sale has been confirmed, but the specifics have not been released. WeWork will acquire Naked Hub for $400…


Pinduoduo rumored to have raised $3 billion in new funding round led by Tencent

Chinese social e-commerce startup Pinduoduo (PDD) is said to have raised close to $3 billion in a new funding round led…


抖音 Douyin dou yin tik tok

Douyin temporarily removed live-stream and comment feature

Bytedance’s short video app Douyin (抖音) has temporarily removed its live-stream and comment feature, local media is…


Gionee headquarter to lay off half of its employees

Gionee, once one of China largest smartphone manufacturers, said it has begun laying off employees at its headquarter,…


Toutiao CEO apologizes for Neihan Duanzi after ordered removal from app stores

Jinri Toutiao founder and CEO, Zhang Yiming, released an open letter of apology today, after the removal of Neihan…


China is serious about cleaning up Jinri Toutiao and Kuaishou this time

China's regulator for the media and entertainment sector, SAPPRFT (State Administration of Press, Publication, Radio,…