WeChat sealed official accounts that published news and rumors about ICOs and cryptocurrency trading.
Posted inTurf Wars
Didi begins recruiting drivers in Mexico City
The Chinese ride-railing giant’s move into Mexico City means it will go head-to-head with Uber.
Posted inHeavy Hitters
Medical equipment and service unicorn Remote Horizon in debt crisis
The management team has reportedly fled, leaving cooperation partners in shock.
Posted inHeavy Hitters
Launch of big new romance on Tencent Video marred by advertising bug
Rumors suggest that Tencent has spent RMB 810 million to purchase the 87-episode soap opera.
Posted inThe Numbers
China now has 802 million internet users
More than 40% of China’s internet users obtained government services through Alipay or WeChat.
Posted inOn the Cusp
Overseas medical trip encourages Ping An Good Doctor to expand in Southeast Asia
More than 500,000 outbound medical trips happened in 2016, five times the number in 2015.
Posted inHeavy Hitters
NetEase to shut down blog site and services
The company encourages bloggers to transfer the content to Lofter, a light blog brand.
Posted inOn the Cusp
China begins testing voice recognition to identify pornographic content
AI has seen increased usage in automating these processes
Posted inHeavy Hitters
China Tower and Alibaba cooperate in 5G and edge computing
The world’s largest telecom infrastructure provider will be collaborating with Alibaba on cloud computing, edge computing, big data, and 5G. In return, the company will provide infrastructure for Alibaba’s IoT projects.
Posted inWith Chinese Characteristics
TouchPal keyboard developer CooTek files for a $100 million IPO
95% of TouchPal’s users are outside China.