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,…


OPPO launches new research institute to boost capability in 5G, AI, and image processing

OPPO announced today the launch of its new research institute according to local news media reports. The new OPPO…


Meituan acquisition of Mobike seems a done deal

Last night (03 Apr 2018), Mobike shareholder meeting voted in favor of the Meituan acquisition, The Beijing News has…


Taiwan needs regulators to step up on blockchain

Blockchain, one of the emerging disruptive forces alongside AI and big data, is revolutionizing our financial systems,…


Jinri Toutiao responds to ad fraud accusations

Jinri Toutiao, one of China’s largest news aggregation platform, has issued a statement in response to CCTV’s “fake…


New iOS update allows commuters in Shanghai and Beijing to use Apple Pay for metro and bus rides

The new iOS 11.3 update now allows commuters in Shanghai and Beijing to use Apple Pay on iPhone and Apple Watch to ride…